Development Aid And Sustainable Economic Growth In Africa

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Development Aid and Sustainable Economic Growth in Africa

Author : Simone Raudino
Publisher : Springer
Page : 265 pages
File Size : 44,9 Mb
Release : 2016-11-25
Category : Political Science
ISBN : 9783319389363

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Development Aid and Sustainable Economic Growth in Africa by Simone Raudino Pdf

This book offers an original analysis of the long-term impact of western and Chinese economic and development cooperation policies in Africa. It argues that western Official Development Assistance (ODA) has failed to create viable and autonomous economies in beneficiary countries not (only) because of corruption, inefficiencies and cultural differences, but because it was never meant to do so. Raudino demonstrates, rather, that it was always designed to provide relief measures and nurture political relations rather than create genuinely industrialized and self-reliant economies. Similarly, by analyzing the nature of Chinese economic investments in Africa the author shows that China’s governmental policies hardly represent a revolutionary departure from the cooperation standards set by the West. In making these observations he also taps into the broader question of why wealth continues to be generated unequally across the world. Based on extensive fieldwork, quantitative economic analysis and historical qualitative research, this thought-provoking work will appeal to students and scholars of politics, economics and development studies, as well as to those involved more directly in the aid process.

Financing Sustainable Development in Africa

Author : Uchenna R. Efobi,Simplice Asongu
Publisher : Springer
Page : 454 pages
File Size : 43,7 Mb
Release : 2018-05-15
Category : Business & Economics
ISBN : 9783319788432

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Financing Sustainable Development in Africa by Uchenna R. Efobi,Simplice Asongu Pdf

This edited volume provides a critical evaluation of financing options for sustainable development in Africa. While sustainability has long been the watchword for development programs, and while many African countries have taken initiatives to develop integrated frameworks that tackle developmental challenges—including poverty, education, and health—financing has remained a challenge. In this book, an expert team of chapter authors examines new financing options while also exploring how traditional financing means, such as foreign aid and foreign direct investment, can be more effective for sustainability. The authors discuss how African nations can build adequate structures and productive capacity to create a platform that can meet present economic, social, and environmental needs without compromising the ability of future generations to meet their own needs. Practical case studies and scientific evidence give this book a unique approach that is both qualitative and quantitative. This book will be of interest to students, practitioners, and scholars of development studies, public policy and African economics.

Economic Development in Africa

Author : United Nations Conference on Trade and Development
Publisher : United Nations Publications
Page : 118 pages
File Size : 46,6 Mb
Release : 2006
Category : Business & Economics
ISBN : UCSD:31822036069235

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Economic Development in Africa by United Nations Conference on Trade and Development Pdf

After two decades of adjustment without economic growth, there are some real signs of improving economic performance in Africa, including new trade and investment opportunities arising from increasing demand in emerging markets, and there has also been progress on debt relief. This report examines how the commitment by the international community to double aid to Africa by 2015 might place the continent on a sustainable development path and concludes that, if this commitment is to translate into sustainable poverty reduction, new thinking is required to tackle the unbalanced state of the international aid system, such as high transaction costs, lack of transparency and excessive demands placed on the weak institutions of recipients. The "big push" needed requires a new aid architecture with a much larger multilateral component, managed under different institutional arrangements, and the provision of much greater policy autonomy to recipients.

From Millennium Development Goals to Sustainable Development Goals

Author : Kobena T. Hanson,Korbla P. Puplampu,Timothy M. Shaw
Publisher : Routledge
Page : 180 pages
File Size : 43,7 Mb
Release : 2017-08-07
Category : Political Science
ISBN : 9781351855013

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From Millennium Development Goals to Sustainable Development Goals by Kobena T. Hanson,Korbla P. Puplampu,Timothy M. Shaw Pdf

Millennium development goals (MDGs) and sustainable development goals (SDGs) have significant implications for global development, in particular for African countries. This book seeks to assist Africa’s policy makers and political leaders, MNCs and NGOs, plus its increasingly heterogeneous media landscape, to understand and better respond or negotiate the evolving development environment of the 21st century. In this collection of nuanced essays, the contributors interrogate the relationship between the MDGs and SDGs in key areas of African development to enhance our understanding and knowledge of the evolving nature of development. They address issues of governance, agriculture, south-south cooperation in a context of foreign aid, natural resource governance and sustainable development, export diversification and economic growth as well as emerging topics such as the internet of things or the sharing economy, climate change, conflict and non-traditional security. The varied, yet interlinked foci present a holistic overview of Africa’s development aspirations, and ability to transform the SDGs’ universal aspirations into local realities. This book will be of use to academics and students in Development Studies, Contemporary African Studies, Political Science, Policy Studies and Geography, and should also appeal to policy makers and development practitioners.

Entrepreneurship and Sustainable Development in Africa

Author : Paschal Anosike
Publisher : SAGE
Page : 182 pages
File Size : 55,8 Mb
Release : 2022-01-26
Category : Business & Economics
ISBN : 9781529792829

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Entrepreneurship and Sustainable Development in Africa by Paschal Anosike Pdf

High foreign aid dependence, poor human capital, rising high youth unemployment and poverty are just some of the reasons that Africa represents such a striking symbol of global inequality today. In this book, the author draws on his research and experience of working with key stakeholders to explore how Africa can take advantage of the knowledge economy and 4th Industrial Revolution opportunities to rebuild from the Covid-19 pandemic and empower its people and encourage entrepreneurship. Entrepreneurship and Sustainable Development in Africa is a book the African political class, economic policy and development experts, the donor community, academic researchers and students of business and international development can rely on for a better understanding and solutions to Africa’s historical and contemporary socio-economic problems. Paschal Anosike is Associate Professor of Entrepreneurship and Innovation and the founding Director of Centre for African Entrepreneurship and Leadership (CAEL) at the University of Wolverhampton.

Africa at a Turning Point?

Author : Delfin Sia Go,John Page
Publisher : World Bank Publications
Page : 520 pages
File Size : 43,6 Mb
Release : 2008-04-14
Category : Business & Economics
ISBN : 0821372785

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Africa at a Turning Point? by Delfin Sia Go,John Page Pdf

Since the mid-1990s, sub-Saharan Africa has experienced an acceleration of economic growth that has produced rising incomes and faster human development. However, this growth contrasts with the continent's experience between 1975 and 1995, when it largely missed out on two decades of economic progress. This disparity between Africa's current experience and its history raises questions about the continent's development. Is there a turnaround in Africa s economy? Will growth persist? 'Africa at a Turning Point?' is a collection of essays that analyzes three interrelated aspects of Africa's recent revival. The first set of essays examines Africa's recent growth in the context of its history of growth accelerations and collapses. It seeks to answer such questions as, is Africa at a turning point? Are the economic fundamentals finally pointing toward more sustainable growth? The second set of essays looks at donor flows, which play a large role in Africa's growth. These essays focus on such issues as the management and delivery of increased aid, and the history and volatility of donor flows to Africa. The third set of essays considers the recent impact of one persistent threat to sustained growth in Africa: commodity price shocks, particularly those resulting from fluctuations in oil prices.

Eastern and Western Ideas for African Growth

Author : Kenichi Ohno,Izumi Ohno
Publisher : Routledge
Page : 273 pages
File Size : 55,7 Mb
Release : 2013-05-29
Category : Business & Economics
ISBN : 9781136778728

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Eastern and Western Ideas for African Growth by Kenichi Ohno,Izumi Ohno Pdf

The West and the East approach economic development differently. The Europeans and Americans stress free and fair business climate, promoting private activities generally without picking winners, and improving governance. East Asia is interested in achieving concrete results and projects rather than formal correctness, prioritizing a few sectors for industrialization, and eventual graduation from aid. The West mostly shapes shifting strategies of the international donor community while the East has in reality made remarkable progress in industrial catch-up. The two approaches cannot be merged easily but they can be used in proper combination to realize growth and economic transformation. This book proposes more dialogue and complementarity between the two in the development effort of Africa and other regions. In this collected volume, contributed by experts and practitioners from both East and West, the need to introduce Eastern ideas to the global development strategy is emphasized. Analysis of British and other Western donor policies is given while Japanese, Korean, and other Asian approaches are also explained with concrete examples. The concept of governance for growth is presented and the impact of rising China on development studies is contemplated. The practices of industrial policy dialogues and actions assisted by East Asian experts are reported from Tunisia, Zambia, Ethiopia, Rwanda, and others. The book should be applicable to all donors, institutions, NGOs and business enterprises engaged in development cooperation.

From Millennium Development Goals to Sustainable Development Goals

Author : Kobena T. Hanson,Korbla P. Puplampu,Timothy M. Shaw
Publisher : Routledge
Page : 182 pages
File Size : 40,5 Mb
Release : 2017-08-07
Category : Business & Economics
ISBN : 1315228068

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From Millennium Development Goals to Sustainable Development Goals by Kobena T. Hanson,Korbla P. Puplampu,Timothy M. Shaw Pdf

Millennium development goals (MDGs) and sustainable development goals (SDGs) have significant implications for global development, in particular for African countries. This book seeks to assist Africa's policy makers and political leaders, MNCs and NGOs, plus its increasingly heterogeneous media landscape, to understand and better respond or negotiate the evolving development environment of the 21st century. In this collection of nuanced essays, the contributors interrogate the relationship between the MDGs and SDGs in key areas of African development to enhance our understanding and knowledge of the evolving nature of development. They address issues of governance, agriculture, south-south cooperation in a context of foreign aid, natural resource governance and sustainable development, export diversification and economic growth as well as emerging topics such as the internet of things or the sharing economy, climate change, conflict and non-traditional security. The varied, yet interlinked foci present a holistic overview of Africa's development aspirations, and ability to transform the SDGs' universal aspirations into local realities. This book will be of use to academics and students in Development Studies, Contemporary African Studies, Political Science, Policy Studies and Geography, and should also appeal to policy makers and development practitioners.

Foreign Aid and Development in South Korea and Africa

Author : Kelechi A. Kalu,Jiyoung Kim
Publisher : Routledge
Page : 289 pages
File Size : 54,7 Mb
Release : 2021-08-15
Category : Political Science
ISBN : 9781000417999

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Foreign Aid and Development in South Korea and Africa by Kelechi A. Kalu,Jiyoung Kim Pdf

This book compares the rapid development of South Korea over the past 70 years with selected countries in sub-Saharan Africa to assess what factors contributed to the country’s success story, and why it is that countries that were comparable in the past continue to experience challenges in achieving and sustaining economic growth. In the 1950s, South Korea’s GDP per capita was $876, roughly comparable with that of Cote d’Ivoire and somewhat below Ghana’s. The country’s subsequent transformation from a war-ravaged, international aid-dependent economy to the 13th largest economy in the world has been the focus of considerable international admiration and attention. But how was it that South Korea succeeded in multiplying its GDP per capita by a factor of 23, while other Less Developed Countries continue to experience challenges? This book compares South Korea’s politics of development and foreign assistance with that of Ghana, Nigeria, and Zambia, which were also major recipients of the U.S. aid, to investigate the specific contexts that made it possible for South Korea to achieve success. Overall, this book argues that effective state capacity in South Korea’s domestic and international politics provided an anchor for diplomatic engagement with donors and guided domestic political actors in the effective use of aid for economic development. This book will be of interest to researchers and students working on development, comparative political economy, and foreign aid, and to policy makers and practitioners looking for a greater understanding of comparative development trajectories.

Foreign Aid, Self-Reliance, and Economic Development in West Africa

Author : R Omotay Olaniyan
Publisher : Bloomsbury Publishing USA
Page : 220 pages
File Size : 50,6 Mb
Release : 1996-08-30
Category : Business & Economics
ISBN : 9780313388712

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Foreign Aid, Self-Reliance, and Economic Development in West Africa by R Omotay Olaniyan Pdf

This book is a penetrating comparative analysis of the economic development efforts of West African countries. It seeks to illuminate the grey areas in development and to emphasize the appropriate actions that should be taken at all levels in the emerging international economy to ensure sustainable development. Olaniyan examines conceptual and theoretical problems of foreign aid and economic development, along with the limitations of the concept of self-reliance. The book also features a comparative analysis of the internal and external development problems associated with West African countries, including difficulties of collective self-reliance at the subregional level. Olaniyan concludes that there are prospects for sustainable development in the area, especially if it is internally generated.

Dead Aid

Author : Dambisa Moyo
Publisher : Farrar, Straus and Giroux
Page : 208 pages
File Size : 43,8 Mb
Release : 2009-03-17
Category : Political Science
ISBN : 1429954256

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Dead Aid by Dambisa Moyo Pdf

In the past fifty years, more than $1 trillion in development-related aid has been transferred from rich countries to Africa. Has this assistance improved the lives of Africans? No. In fact, across the continent, the recipients of this aid are not better off as a result of it, but worse—much worse. In Dead Aid, Dambisa Moyo describes the state of postwar development policy in Africa today and unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In fact, poverty levels continue to escalate and growth rates have steadily declined—and millions continue to suffer. Provocatively drawing a sharp contrast between African countries that have rejected the aid route and prospered and others that have become aid-dependent and seen poverty increase, Moyo illuminates the way in which overreliance on aid has trapped developing nations in a vicious circle of aid dependency, corruption, market distortion, and further poverty, leaving them with nothing but the "need" for more aid. Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries that guarantees economic growth and a significant decline in poverty—without reliance on foreign aid or aid-related assistance. Dead Aid is an unsettling yet optimistic work, a powerful challenge to the assumptions and arguments that support a profoundly misguided development policy in Africa. And it is a clarion call to a new, more hopeful vision of how to address the desperate poverty that plagues millions.

Macroeconomic Challenges of Scaling Up Aid to Africa

Author : Yongzheng Yang,Mr.Robert Powell,Mr.Sanjeev Gupta
Publisher : International Monetary Fund
Page : 84 pages
File Size : 51,5 Mb
Release : 2006-03-20
Category : Business & Economics
ISBN : 1589065050

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Macroeconomic Challenges of Scaling Up Aid to Africa by Yongzheng Yang,Mr.Robert Powell,Mr.Sanjeev Gupta Pdf

Over the next decade, African countries are expected to be the largest beneficiaries of increased donor aid, which is intended to improve their prospects for achieving the Millennium Development Goals. This handbook will help these countries assess the macroeconomic implications of increased aid and respond to the associated policy challenges. The handbook is directed at policymakers, practicing economists in African countries, and the staffs of international financial institutions and donor agencies who participate in preparing medium-term strategies for African countries, including in the context of poverty reduction strategy papers. It provides five main guidelines for developing scaling-up scenarios to help countries identify important policy issues involved in using higher aid flows effectively: to absorb as much aid as possible, to boost growth in the short to medium term, to promote good governance and reduce corruption, to prepare an exit strategy should aid levels decrease, and to regularly reassess the policy mix.

Asia-Africa Growth Corridor

Author : Sachin Chaturvedi,Anita Prakash,Priyadarshi Dash
Publisher : Springer Nature
Page : 259 pages
File Size : 42,9 Mb
Release : 2020-10-21
Category : Business & Economics
ISBN : 9789811555503

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Asia-Africa Growth Corridor by Sachin Chaturvedi,Anita Prakash,Priyadarshi Dash Pdf

This book is a rich addition to the existing knowledge on models of development partnership among developing countries. Unlike the Belt and Road Initiative (BRI), which exclusively focuses on physical infrastructure development with a strong financing component by China, the Asia–Africa Growth Corridor (AAGC) envisages a holistic approach toward development partnership based on the spirit of triangular cooperation, demystifying the donor-recipient model of development cooperation. By integrating four distinct pillars of cooperation – connectivity and physical infrastructure, capacity building and skill development, development cooperation projects, and people-to-people and business-to-business partnerships – the book provides a succinct account of how a demand-driven people-centric model of engagement among Asian and African countries could help achieve inclusive and sustainable development without creating any fatal dependence on specific countries or institutions for external funding. In sixteen chapters, the book covers various theoretical, analytical, and policy discussions with respect to the concept and modalities of the growth corridor approach under the free, open, and inclusive Indo-Pacific; potential opportunities and challenges in economic sectors and fields like agriculture, manufacturing, trade and investment, urbanization, industrialization, human resource development, and the blue economy; social sector priorities including health, education, skill development, disaster management, and women’s participation; and policy issues relating to trade facilitation, the identification of joint projects, modalities and instruments of project execution, and related aspects. The book offers a valuable resource for students and research scholars working in the fields of development economics, development cooperation, international political economy, and international economic relations. It also serves as a handbook for governments and policymakers on issues concerning the suitability of development projects, sources of and innovations in financing, implementation and execution challenges, private sector involvement, and so on.

Handbook of Research on Sustainable Development and Governance Strategies for Economic Growth in Africa

Author : Teshager Alemu, Kassa,Abebe Alebachew, Mulunesh
Publisher : IGI Global
Page : 621 pages
File Size : 41,7 Mb
Release : 2018-02-09
Category : Political Science
ISBN : 9781522532484

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Handbook of Research on Sustainable Development and Governance Strategies for Economic Growth in Africa by Teshager Alemu, Kassa,Abebe Alebachew, Mulunesh Pdf

Despite increasing reports across the globe on renewable development and maintenance, little is known regarding what strategies are required for improved economic growth and prosperity in Africa. Improving an understanding of the methods for promoting growth through reusable resource development and administration is a vital topic of research to consider in assisting the continent's development. The Handbook of Research on Sustainable Development and Governance Strategies for Economic Growth in Africa provides emerging research on the strategies required to promote growth in Africa as well as the implications and issues of the expansion of prosperity. While highlighting sustainable education, pastoral development pathways, and the public-sector role, readers will learn about the history of sustainable development and governmental approaches to improving Africa’s economy. This publication is a vital resource for policy makers, research institutions, academics, researchers, and advanced-level students seeking current research on the theories and applications of development in societal and legal institutions.

External Assistance and Policies for Growth in Africa

Author : Mrs.Claire Liuksila
Publisher : International Monetary Fund
Page : 104 pages
File Size : 40,7 Mb
Release : 1995-12-15
Category : Business & Economics
ISBN : 1557755256

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External Assistance and Policies for Growth in Africa by Mrs.Claire Liuksila Pdf

This booklet is a collection of papers presented at a seminar on policies for growth in Africa, held in Paris in February 1995 and sponsored by the Ministry of Finance of Japan. The seminar focused on four broad themes: how to enable the private sector to play a lead role in the growth process in Africa; how to boost domestic savings and help the financial sector to contribute to the mobilization and efficient us of resources; how to facilitate foreign aid and make it more effective; and, what are the essential elements of sound debt management practices?