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Uganda's Economic Reforms
In recent years Uganda has consistently been one of the fastest growing economies in Africa, leading to a substantial reduction in poverty. This book looks at how the country managed to carry out this economic transformation in the wake of Idi Amin's rule and the civil war of the 1980s.
Restructuring the African State and Quest for Regional Integration
The author looks at different approaches towards regional and continental unity, and the need to restructure the African state. He contends that reconfiguration of the African state is necessary after the institutions inherited at independence, especially centralisation of power, have failed to serve the people. He calls for decentralisation of power in order to enable the people - different groups - to set their own agenda for sustainable development. Power should be in the hands of the people at the grassroots level using local institutions to formulate development plans, control and allocate resources in their own areas. Reconfiguration of the African state will also help to accommodate d...
The Bottom Billion
The Bottom Billion is an elegant and impassioned synthesis from one of the world's leading experts on Africa and poverty. It was hailed as "the best non-fiction book so far this year" by Nicholas Kristoff of The New York Times.
Pockets of Effectiveness and the Politics of State-building and Development in Africa
This is an open access title available under the terms of a CC BY-BC-ND 4.0 International License. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Why do certain parts of the state in Africa work so effectively despite operating in difficult governance contexts? How do 'pockets of bureaucratic effectiveness' emerge and become sustained over time? And what does this tell us about the prospects for state-building and development in Africa? Repeated economic and social crises have demanded that development thinkers and policy actors have had to engage with the critical role that states play in delivering development...
A New Paradigm of the African State
Offers a historical, multidisciplinary perspective on African political systems and institutions, ranging from Antiquity (Egypt, Kush and Axum) to the present with particular focus on their destruction through successive exogenous processes including the Atlantic slave trade, imperialism, colonialism and neo-colonialism or globalization.
Explaining Postconflict Reconstruction
The international community has donated nearly one trillion dollars during the last four decades to reconstruct post-conflict countries. Where did the money go? This book argues that foreign aid only fosters reconstruction when post-conflict leaders are desperate for income and thus depend on aid that comes with reconstruction strings attached.
Financing Innovation and Sustainable Development in Africa
This book derives from a symposium held at Cornell University in April 2014. The symposium explored development financing, which has become an important area of policy discussion in Africa and other developing areas in recent years. Using multifaceted and multidisciplinary analytical approaches, it considers the role of the banking system, the stock market, credit access, external aid, and sovereign wealth funds in the evolving development finance architecture. Further, the volume looks at China’s role as an aid donor, the impact of BRICs partnerships in South Africa, the role of NEPAD in mobilizing resources for infrastructure development, and the links between law, trade, and regional integration. The study concurs with previous analyses that greater access to credit by the poor represents the most effective way of fighting poverty and raising the standards of living in Africa. Cornell’s Institute for African Development and the African Development Bank were cosponsors of the 2014 symposium.
Uganda
This Technical Assistance Report discusses the findings and recommendations made by the IMF mission regarding monetary and foreign exchange operations in Uganda, Bank of Uganda (BOU) recapitalization, and Bank of Uganda Act revision. The presence of sizable precautionary and involuntary reserves and excessive short-end volatility has weakened the transmission mechanism in Uganda. The key challenge remains to enhance monetary and fiscal policy coordination and to ensure that institutional and operational arrangements are robust and conducive to efficient monetary operations framework. The BOU should raise the effectiveness of the monetary and foreign exchange operations framework. To foster further market development there is need to anchor short-term interest rates by using various fine-tuning instruments to ensure improved operational efficiency and strengthen transmission of policy signals across the curve.
The International Handbook of Public Financial Management
The Handbook is a virtual encyclopedia of public financial management, written by topmost experts, many with a background in the IMF and World Bank. It provides the first comprehensive guide to the subject that has been published in more than ten years. The book is aimed at a broad audience of academics/students, government officials, development agencies and practitioners. It covers both bread-and-butter topics such as the macroeconomic and legal framework for budgeting, budget preparation and execution, procurement, accounting, reporting, audit and oversight, as well as specialist subjects such as government payroll systems, local government finance, fiscal transparency, the management of fiscal risks, sovereign wealth funds, the management of state-owned enterprises, and political economy aspects of budgeting. The book sets out numerous examples and case studies describing good practice in public financial management, and is highly relevant for use in both advanced and developing countries.
