Institutions Economic Freedom And Structural Transformation In 11 Sub Saharan African Countries
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Author | : Food and Agriculture Organization of the United Nations |
Publisher | : Food & Agriculture Org. |
Total Pages | : 46 |
Release | : 2018-10-08 |
Genre | : Business & Economics |
ISBN | : 9251301557 |
This paper explores the relationship between institutions and structural transformation in sub-Saharan Africa, noting that better institutions lead to greater economic freedom and exchange across borders.
Author | : World Bank |
Publisher | : |
Total Pages | : 324 |
Release | : 1989 |
Genre | : Business & Economics |
ISBN | : |
Author | : Punam Chuhan-Pole |
Publisher | : World Bank Publications |
Total Pages | : 497 |
Release | : 2011-06-24 |
Genre | : Business & Economics |
ISBN | : 0821387456 |
Takes an in-depth look at twenty-six economic and social development successes in Sub-Saharan African countries, and addresses how these countries have overcome major developmental challenges.
Author | : World Bank |
Publisher | : World Bank Publications |
Total Pages | : 386 |
Release | : 2009-12-01 |
Genre | : Business & Economics |
ISBN | : 0821380834 |
Sustainable infrastructure development is vital for Africa s prosperity. And now is the time to begin the transformation. This volume is the culmination of an unprecedented effort to document, analyze, and interpret the full extent of the challenge in developing Sub-Saharan Africa s infrastructure sectors. As a result, it represents the most comprehensive reference currently available on infrastructure in the region. The book covers the five main economic infrastructure sectors information and communication technology, irrigation, power, transport, and water and sanitation. 'Africa s Infrastructure: A Time for Transformation' reflects the collaboration of a wide array of African regional institutions and development partners under the auspices of the Infrastructure Consortium for Africa. It presents the findings of the Africa Infrastructure Country Diagnostic (AICD), a project launched following a commitment in 2005 by the international community (after the G8 summit at Gleneagles, Scotland) to scale up financial support for infrastructure development in Africa. The lack of reliable information in this area made it difficult to evaluate the success of past interventions, prioritize current allocations, and provide benchmarks for measuring future progress, hence the need for the AICD. Africa s infrastructure sectors lag well behind those of the rest of the world, and the gap is widening. Some of the main policy-relevant findings highlighted in the book include the following: infrastructure in the region is exceptionally expensive, with tariffs being many times higher than those found elsewhere. Inadequate and expensive infrastructure is retarding growth by 2 percentage points each year. Solving the problem will cost over US$90 billion per year, which is more than twice what is being spent in Africa today. However, money alone is not the answer. Prudent policies, wise management, and sound maintenance can improve efficiency, thereby stretching the infrastructure dollar. There is the potential to recover an additional US$17 billion a year from within the existing infrastructure resource envelope simply by improving efficiency. For example, improved revenue collection and utility management could generate US$3.3 billion per year. Regional power trade could reduce annual costs by US$2 billion. And deregulating the trucking industry could reduce freight costs by one-half. So, raising more funds without also tackling inefficiencies would be like pouring water into a leaking bucket. Finally, the power sector and fragile states represent particular challenges. Even if every efficiency in every infrastructure sector could be captured, a substantial funding gap of $31 billion a year would remain. Nevertheless, the African people and economies cannot wait any longer. Now is the time to begin the transformation to sustainable development.
Author | : Hollis Burnley Chenery |
Publisher | : Oxford University Press, USA |
Total Pages | : 558 |
Release | : 1979 |
Genre | : Business & Economics |
ISBN | : |
Development policy is concerned with long-term changes in production, investment, trade, employment, and income distribution. This book developes a set of techniques for analyzing these structural changes and applies them to some of the major problems of developing countries.
Author | : P. Thandika Mkandawire |
Publisher | : IDRC |
Total Pages | : 192 |
Release | : 2014-05-14 |
Genre | : Political Science |
ISBN | : 155250204X |
Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.
Author | : UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT. |
Publisher | : |
Total Pages | : 220 |
Release | : 2022-01-07 |
Genre | : |
ISBN | : 9789211130041 |
The African Continental Free Trade Area is expected to be a game changer for development ambitions in Africa.
Author | : |
Publisher | : |
Total Pages | : 44 |
Release | : 1994 |
Genre | : Political Science |
ISBN | : |
Author | : David Canning |
Publisher | : World Bank Publications |
Total Pages | : 217 |
Release | : 2015-10-22 |
Genre | : Business & Economics |
ISBN | : 1464804907 |
Africa is poised on the edge of a potential takeoff to sustained economic growth. This takeoff can be abetted by a demographic dividend from the changes in population age structure. Declines in child mortality, followed by declines in fertility, produce a 'bulge' generation and a large number of working age people, giving a boost to the economy. In the short run lower fertility leads to lower youth dependency rates and greater female labor force participation outside the home. Smaller family sizes also mean more resources to invest in the health and education per child boosting worker productivity. In the long run increased life spans from health improvements mean that this large, high-earning cohort will also want to save for retirement, creating higher savings and investments, leading to further productivity gains. Two things are required for the demographic dividend to generate an African economic takeoff. The first is to speed up the fertility decline that is currently slow or stalled in many countries. The second is economic policies that take advantage of the opportunity offered by demography. While demographic change can produce more, and high quality, workers, this potential workforce needs to be productively employed if Africa is to reap the dividend. However, once underway, the relationship between demographic change and human development works in both directions, creating a virtuous cycle that can accelerate fertility decline, social development, and economic growth. Empirical evidence points to three key factors for speeding the fertility transition: child health, female education, and women's empowerment, particularly through access to family planning. Harnessing the dividend requires job creation for the large youth cohorts entering working age, and encouraging foreign investment until domestic savings and investment increase. The appropriate mix of policies in each country depends on their stage of the demographic transition.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 38 |
Release | : 1988-12-09 |
Genre | : Business & Economics |
ISBN | : 1451946945 |
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.