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The African continent has long been plagued by economic problems. During the 1970s, with famines and two oil crises, the attention of the international donor community was riveted on Africa. In the 1980s international organizations, both governmental and private, have responded to the African crises. One increasingly visible organization is the African Development Bank, recently heralded by the Wall Street Journal as "the rarest of African species: a success." Founded in 1964 by African governments, its mandate was to solve African problems using African resources. But the devastation of the 1970s forced bank members to reexamine the implications of Africanicity, and in 1982 the bank courted...
The African Development Bank: Problems of International Cooperation is an account of events and developments during Kwame Donkoh Fordwor time in the African Development Bank (ADB). The title details the basic issues and problems in international cooperative effort in the field of developmental planning and action. The text first covers the objectives and problems of the ADB, and the proceeds to tackling the role of politics in an institution such as the ADB. Next, the selection details the ideas and objectives of the ADB during the author's tenure of office. The book will be of great interest to political scientists and economists. Individuals who concerned with international development will also benefit from the text.
This work looks at the policies and projects of the African Development Bank, which, like other multilateral banks, has come under growing criticism from grassroots organisations, environmental groups and others.
One of the most urgent challenges in African economic development is to devise a strategy for improving statistical capacity. Reliable statistics, including estimates of economic growth rates and per-capita income, are basic to the operation of governments in developing countries and vital to nongovernmental organizations and other entities that provide financial aid to them. Rich countries and international financial institutions such as the World Bank allocate their development resources on the basis of such data. The paucity of accurate statistics is not merely a technical problem; it has a massive impact on the welfare of citizens in developing countries. Where do these statistics origin...
The African Economic Outlook 2017 presents the continent’s current state of affairs and forecasts its situation for the coming two years.