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In 1999, the IMF and the World Bank adopted a new frame work for supporting economic reform in low-income member countries to achieve the objectives of poverty reduction and economic growth. The frame work consists of two key elements: country-authored Poverty Reduction Strategy Papers, drawing on broad-based consultations with key stake holder groups; and a vehicle for the provision of IMF concessional lending, the Poverty Reduction andGrowth Facility. This evaluation takes stock of progress to date and attempts to identify short comings that may require course corrections in the design and implementation of the initiative.
This publication is an outcome from a seminar in Abidjan in 1997 with the aim to explore the problems and prospects for the establishment of a new partnership between Sweden and Africa. The seminar was attended by scholars, development bankers, government officials and civil society activists from all parts of sub-Saharan Africa, and development cooperation officials and academics from Sweden and the other Nordic countries.
This book offers an in-depth analysis of the current state of the African economy and makes constructive suggestions about its future direction. The contributors argue that despite enduring challenges such as food security and employment creation, Africa faces a brighter future in sustainable growth provided that governance and policy- making are effectively employed to maintain peace, achieve greater regional collaboration and encourage private sector competitiveness.
The role of integration as a catalyst for economic growth, development and insulation from global shocks has made the concept of regional integration even more attractive to states. This books contains compelling arguments and empirical observations that detail some of the key opportunities governments in Africa are pursuing.
This book is part of a study on future relations between Sweden and Africa and contains a selection of papers which served as background material to the debate at a conference in 1997 with scholars and policymakers from both Africa and Sweden.