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This book presents a coherent framework for assessing economic policy making in developing countries, with special reference to those in Africa. The chapters focus on policy making issues in three critical areas that are of major importance in the African context: capacity building for domestic resource mobilization; regional integration in Africa and intra-regional trade; and export diversification of individual African countries. Although applying economic theory as well as using case studies and empirical evidence from the economics literature, the book is written in a way that makes the core ideas accessible even to readers without advanced knowledge of the technical economics involved. Economic Diversification and Growth in Africa is a timely study which demonstrates how developing countries in Africa can improve their policy making strategies to diversify their economies and accelerate economic development.
Social protection is an increasingly important part of the social policy dialogue in Africa, and yet because of its relatively new place in a rapidly evolving agenda, evidence on critical design choices such as targeting, and on impacts of social protection interventions, is mostly limited to case studies or small, unrepresentative surveys. This impressive collection makes a major contribution to building the evidence base, drawing on rigorous analysis of social protection programmes in several African countries, as well as original research and thinking on key topical issues in the social protection discourse. Social Protection for Africa’s Children is divided into four parts. The first p...
Illustrates the enduring relevance and vitality of the comparative political economy of development approach and presents the relation between theory and empirical material in an interactive way. This title offers an explanation of what is happening in the continent of Africa and the sub-continent of South Asia.
The crisis of the current global financial order is challenging us to critically reflect on how this order has been driven, and the development outcomes produced by its central political and economic actors. There is a great deal of academic knowledge about the role of the international financial institutions, powerful states and capital markets in international development, but there is little understanding of how regional dynamics and regional institutions influence global governance and developing countries. This book offers an independent and grounded investigation concerning the political economic role of Regional Development Banks through a study of the world’s leading regional devel...
This volume assesses economic partnership agreements between the EU and Africa, the Caribbean and the Pacific, focusing on specific concerns such as legal commitments, adjustment costs, impacts on poverty and food security, and regulatory reforms.
Although microcredit programmes have long been considered efficient development tools, many forms of debt-induced distress have emerged in their wake. This has brought to light the problem of over-indebtedness, a topic which has been previously underexplored in the literature. This new book, from a group of leading scholars, explores the manifestations, scale, and economic and social implications of household over-indebtedness in areas conventionally considered as financially excluded. The book approaches debt not only as a financial transaction, but also as a form of social bond, and offers a socioeconomic analysis of over-indebtedness. The volume puts forward a broad definition of over-ind...
The current growth path in sub-Saharan Africa is not following the Lewis model where labour moves from low-productivity agriculture to higher productivity manufacturing. Instead, it is moving directly to inappropriate (import and labour-saving) methods. This book seeks to show how this distorted growth process leaves out the major resource of these countries – labour – and ends up creating unstable employment and underemployment, leading to inequality and poverty. In this way it demonstrates how the entire growth process may be rendered unstable and unsustainable. Sustainable Growth in the African Economy considers whether the relatively rapid growth of recent years can be maintained or ...
Technology is key to the development of nations yet is not freely or easily accessible. This book aims to contribute to the debate about empowering Africa to play a more meaningful role in the global innovation system. It emphasizes the important role of technology transfer in assisting Least Developed Countries (LDCs) in Africa to expand their technological capabilities. The book surveys IP and innovation policies in Africa's past and present, providing theoretical, policy, and legal frameworks, as well as specific measures that will help African LDCs. It proposes solutions to overcome challenges currently posed by inefficiencies in the flow of technologies to LDCs and by the fragmentation ...
The key challenge for achieving sustained development in developing countries relates to quality of domestic governance, which in turn is strongly affected by external interventions. Domestic governance includes politics, policy formulation, institution building and policy implementation. It is important for both international and domestic agents to understand how the interplay between external interventions and domestic governance affects social and economic outcomes. This volume presents a series of studies analysing the links between external interventions and domestic governance in the areas of economic, social and security policy. Key questions that are addressed here include: How do ex...
The world economy is currently in the throes of a global economic crisis reminiscent of the great depressions of the 1930s and the 1870s. As back then, the crisis has exposed the major structural imbalances in financial and credit markets in addition to global trade forcing many governments, developed and developing, to impose debilitating austerity measures that are exacerbating the structural weaknesses that caused the crisis in the first place. This volume offers historical insights into the origins of the contemporary crisis as well as detailed analyses of the financial and trade dimensions, an assessment of the technological and innovation context along with perspectives on the implications for unemployment and gender imbalances.