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The Palgrave Handbook of Africa’s Economic Sectors
  • Language: en
  • Pages: 1142

The Palgrave Handbook of Africa’s Economic Sectors

This handbook provides a reference resource to showcase insightful and nuanced perspectives on Africa’s agriculture, industry, services, and manufacturing sectors; factors affecting the sectors’ competitiveness; and the sectors’ contribution to employment, economic growth, and sustainable development. It also addresses the potential benefits that the sectors could harness from the planned Continental Free Trade Area (CFTA), and in particular how CFTA could increase the efficiency and competitiveness of these sectors. This book provides evidence-based holistic analyses of the past and current state of Africa’s economic sectors, with a strong emphasis on tangible and specific policy re...

The Paradox of Gender Equality and Economic Outcomes in Sub-Saharan Africa
  • Language: en
  • Pages: 90

The Paradox of Gender Equality and Economic Outcomes in Sub-Saharan Africa

This Element highlights the idea that men and the society at large will benefit with women owning land. Land ownership by women improves their bargaining power and enhances their ability to survive outside unproductive power structure or gender relationships.

Foreign Capital Flows and Economic Development in Africa
  • Language: en
  • Pages: 514

Foreign Capital Flows and Economic Development in Africa

  • Type: Book
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  • Published: 2017-03-16
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  • Publisher: Springer

This collection examines the extent to which foreign capital from conventional (OECD countries) and non-conventional (BRICS) sources has impacted economic development in Africa over the last two decades. It provides in-depth analyses of the nature, motives, and implications of this capital, and identifies drivers of contemporary rapid growth within and across African countries. Authored by leading experts, the book offers original insights for academics, policymakers, and practitioners studying the changes taking place in Africa as the continent strides more confidently toward integration with the global economy. The major themes addressed in this book include:• The implications of growing Chinese engagement in Africa • BRICS countries' versus OECD countries' investment contributions to Africa• The politics of land, land grab, and the puzzle of inclusive development in Africa• Foreign research and development spillovers, trade linkages, and productivity in Africa• Foreign aid effects on social sector, growth, and structural change in Africa• Remittances, foreign debt, resource management, and economic development in Africa

China's Finance in Africa
  • Language: en
  • Pages: 78

China's Finance in Africa

This Element provides a detailed analysis of official finances from China to Africa with special attention to the question of Africa's foreign finances policy. The findings reveal that Africa has an infrastructure gap and Chinese finances are largely used to fund infrastructure projects. However, the majority of the funds are loans, which are mortgaged on Africa's natural resources. In addition, Chinese firms are the ones implementing the projects, and much of the raw material and labor is imported from China. All these calls for Africa to institute a coherent foreign finances policy that ensures African countries fully benefit from these finances.

The Service Sector and Economic Development in Africa
  • Language: en
  • Pages: 282

The Service Sector and Economic Development in Africa

  • Type: Book
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  • Published: 2018-09-04
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  • Publisher: Routledge

The service sector accounts for a huge proportion of global employment, and is the biggest driver of gross domestic product in developing nations. Yet there has been little research uncovering its scope, potential and implications on sustained and inclusive economic growth. This is especially true for Africa, which has seen a strong growth trajectory in recent years. This book presents a new frontier of research, offering insightful perspectives on the 21st-century realities of the service sector and its effect on economic development in Africa. The analysis presented here will be of relevance to academics and policymakers with an interest in Africa’s role in the global economy.

Political Economy of Colonial Relations and Crisis of Contemporary African Diplomacy
  • Language: en
  • Pages: 296

Political Economy of Colonial Relations and Crisis of Contemporary African Diplomacy

The book presents a historical account of the colonial foundation of African economy and diplomacy. It reveals how the colonial companies and their agents penetrated different parts of Africa and entrenched Western colonialism and imperialism. Ironically, the arrival of these colonial companies became a driver of colonial labour migration as the educated and few privileged African people have to move towards the location of the colonial companies in order to eke-out improved standard of living. It presents the dynamics of import and export trade as promoted by the colonial companies. Consequently, the second part of the book raised the nature of relations amongst some independent African sta...

On the Road to Economic Prosperity
  • Language: en
  • Pages: 110

On the Road to Economic Prosperity

This Element investigates how the Ghanaian household wealth index is impacted by travel time reduction, which is a direct effect of infrastructural investments from 2000 to 2016. The wealth index is constructed based on the possession of selected assets and reflects the well-being of residents in Ghana. The Element employs two datasets, the Demographic and Health Survey (DHS) and the DHS Covariates. The two-stage least square estimation is implemented to establish the causal relationship. The Element finds that a ten percent reduction in travel time from 2000 to 2015 would result in a 1.2 percent increase in the wealth index from 2003 to 2016. This finding is robust to various settings, including the addition of more control variables, the use of different instrumental variables, and the study of both short-term and long-term effects. The analysis lends support to the Ghanaian government's current economic and infrastructure development plans.

The Palgrave Handbook of Agricultural and Rural Development in Africa
  • Language: en
  • Pages: 670

The Palgrave Handbook of Agricultural and Rural Development in Africa

This handbook examines agricultural and rural development in Africa from theoretical, empirical and policy stand points. It discusses the challenges of the United Nations Sustainable Development Goals (SDGs) and assesses how poverty and other development concerns can be addressed in rural communities through agricultural transformation. Additionally, the handbook extends the Post-2015 Development Agenda and it emphasizes the importance of the agricultural sector as it is closely related to the issues of food sustainability, poverty reduction, and employment creation. The contributors suggest multiple evidence-based policies to develop the rural areas through the transformation of the agricultural sector which can significantly benefit the African continent.

Harnessing Sovereign Wealth Funds in Emerging Economies toward Sustainable Development
  • Language: en
  • Pages: 134

Harnessing Sovereign Wealth Funds in Emerging Economies toward Sustainable Development

Sovereign Wealth Funds are government investment vehicles that have been present for decades. They are usually characterized by minimum information disclosure, however, this situation differed after worldwide events shed light on the role they possess to mitigate their downturns. The substantial economic influence they bring along due to their size and long term impact have recently created an uproar of debate that eventually led to the ratification of the Santiago Principles. The Principles set the stage for governing SWFs' operations and grant them more clarity. They also contribute to a more stable environment for cross-border investment flows. With the importance of SWFs, emerging economies also rose as key institutional investors; only this time they called for harnessing their funds towards sustainable development investment strategies. Despite pressuring need to improve transparency and governance structures of SWFs in EMs, the former are regarded as promising means for achieving the sustainable development goals.

Looking for Evelyn
  • Language: en
  • Pages: 304

Looking for Evelyn

  • Type: Book
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  • Published: 2017-06-22
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  • Publisher: Saraband

Chrissie Docherty returns to the southern Africa of her childhood and tracks down Evelyn Fielding, the woman at the centre of an explosive scandal involving a traditional colonial officer and a gifted black African artist. Together, the two women uncover the secrets that shattered a remote expatriate outpost in the Zambian bush in the 1970s. Switching deftly between today and the recent past, and set against a background of tense post-colonial race relations, political turmoil and witchcraft, Looking for Evelyn powerfully evokes the very special colours, sounds and smells of Africa.