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Author : Kjell J. Havnevik
Publisher : Unknown
Page : 196 pages
File Size : 47,8 Mb
Release : 1987
Category : Business & Economics
ISBN : STANFORD:36105040709516
Author : Bade Onimode,Institute for African Alternatives
Publisher : Unknown
Page : 228 pages
File Size : 50,5 Mb
Release : 1989
Category : Business & Economics
ISBN : UOM:39015066088702
V. 1. The economic impact -- v. 2. The social and political impact.
Author : International Monetary Fund. Independent Evaluation Office
Publisher : International Monetary Fund
Page : 98 pages
File Size : 54,6 Mb
Release : 2007-04-13
Category : Business & Economics
ISBN : 9781589066359
This independent evaluation of the IMF’s role and performance in the determination and use of aid to low-income countries in sub-Saharan Africa is presented at a ground-level view. Country performance has improved in many sub-Saharan Africa countries over the period, and the report details the role of the IMF’s programs, as well as perceptions of that role. The report is an important contribution to following through on the IMF’s commitment to its Poverty Reduction Strategy and makes three main recommendations for improving the coherence—actual and perceived—of the IMF’s policies and actions relating to aid to sub-Saharan Africa going forward.
Author : Kwadwo Konadu-Agyemang
Publisher : Routledge
Page : 396 pages
File Size : 40,6 Mb
Release : 2018-10-24
Category : Science
ISBN : 9781351809573
This title was first published in 2001: Bringing together geographers, planners, political scientists, economists, rural development specialists, bankers, public administrators and other development experts, this volume questions the benefits of Structural Adjustment Programmes (SAPs). It critically assesses the impact of SAPs from a wider perspective than a purely economic one, highlighting concerns about impacts of adjustments on the more vulnerable elements of society such as social welfare, the environment, labour, gender and agriculture. Revealing both the costs and benefits of the economic restructuring programme, the book also suggests alternatives to current development models, and how SAPs can be made more sustainable. An original and comprehensive addition to the collections of both students and practitioners of development.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 67 pages
File Size : 55,8 Mb
Release : 2007-09-20
Category : Business & Economics
ISBN : 9781498333320
In March 2006, the Managing Director of the International Monetary Fund (IMF) and the President of the World Bank commissioned the External Review Committee on IMF-World Bank Collaboration to look at the status of institutional collaboration and provide suggestions for improvement. The Committee’s report, released in February 2007, called for the strengthening of the culture of collaboration in the two institutions, and made a number of specific proposals in that direction. The Joint Management Action Plan (JMAP) was prepared against this background, and the actions agreed between Bank and Fund managements in the JMAP are scheduled to be presented in informal Board meetings in early October. The JMAP will be launched immediately after the Annual Meetings. The goal is for most new systems to be operational in time for the preparation of FY09 budgets.
Author : Ngaire Woods
Publisher : Cornell University Press
Page : 266 pages
File Size : 44,7 Mb
Release : 2014-10-03
Category : Political Science
ISBN : 9780801456022
"The IMF and the World Bank have integrated a large number of countries into the world economy by requiring governments to open up to global trade, investment, and capital. They have not done this out of pure economic zeal. Politics and their own rules and habits explain much of why they have presented globalization as a solution to challenges they have faced in the world economy."—from the Introduction The greatest success of the International Monetary Fund and the World Bank has been as globalizers. But at whose cost? Would borrowing countries be better off without the IMF and World Bank? This book takes readers inside these institutions and the governments they work with. Ngaire Woods brilliantly decodes what they do and why they do it, using original research, extensive interviews carried out across many countries and institutions, and scholarship from the fields of economics, law, and politics. The Globalizers focuses on both the political context of IMF and World Bank actions and their impact on the countries in which they intervene. After describing the important debates between U.S. planners and the Allies in the 1944 foundation at Bretton Woods, she analyzes understandings of their missions over the last quarter century. She traces the impact of the Bank and the Fund in the recent economic history of Mexico, of post-Soviet Russia, and in the independent states of Africa. Woods concludes by proposing a range of reforms that would make the World Bank and the IMF more effective, equitable, and just.
Author : United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Africa
Publisher : Unknown
Page : 122 pages
File Size : 45,9 Mb
Release : 1984
Category : Africa
ISBN : STANFORD:36105045303299
Author : Vivien Foster,Cecilia Briceño-Garmendia,World Bank
Publisher : World Bank Publications
Page : 388 pages
File Size : 51,9 Mb
Release : 2010
Category : Business & Economics
ISBN : UCSD:31822036508547
Sustainable infrastructure development is vital for Africa's prosperity. And now is the time to begin the transformation. This volume is the culmination of an unprecedented effort to document, analyze, and interpret the full extent of the challenge in developing Sub-Saharan Africa's infrastructure sectors. As a result, it represents the most comprehensive reference currently available on infrastructure in the region. The book covers the five main economic infrastructure sectors--information and communication technology, irrigation, power, transport, and water and sanitation.'Africa's Infrastructure: A Time for Transformation' reflects the collaboration of a wide array of African regional institutions and development partners under the auspices of the Infrastructure Consortium for Africa. It presents the findings of the Africa Infrastructure Country Diagnostic (AICD), a project launched following a commitment in 2005 by the international community (after the G8 summit at Gleneagles, Scotland) to scale up financial support for infrastructure development in Africa. The lack of reliable information in this area made it difficult to evaluate the success of past interventions, prioritize current allocations, and provide benchmarks for measuring future progress, hence the need for the AICD.Africa's infrastructure sectors lag well behind those of the rest of the world, and the gap is widening. Some of the main--policy-relevant--findings highlighted in the book include the following: infrastructure in the region is exceptionally expensive, with tariffs being many times higher than those found elsewhere. Inadequate and expensive infrastructure is retarding growth by 2 percentage points each year. Solving the problem will cost over US$90 billion per year, which is more than twice what is being spent in Africa today.However, money alone is not the answer. Prudent policies, wise management, and soundmaintenance can improve efficiency, thereby stretching the infrastructure dollar. There is the potential to recover an additional US$17 billion a year from within the existing infrastructure resource envelope--simply by improving efficiency. For example, improved revenue collection and utility management could generate US$3.3 billion per year. Regional power trade could reduce annual costs by US$2 billion. And deregulating the trucking industry could reduce freight costs by one-half. So, raising more funds without also tackling inefficiencies would be like pouring water into a leaking bucket.Finally, the power sector and fragile states represent particular challenges. Even if every efficiency in every infrastructure sector could be captured, a substantial funding gap of $31 billion a year would remain. Nevertheless, the African people and economies cannot wait any longer. Now is the time to begin the transformation to sustainable development.
Author : Punam Chuhan-Pole,Manka Angwafo
Publisher : World Bank Publications
Page : 497 pages
File Size : 41,6 Mb
Release : 2011-06-24
Category : Business & Economics
ISBN : 9780821387450
Takes an in-depth look at twenty-six economic and social development successes in Sub-Saharan African countries, and addresses how these countries have overcome major developmental challenges.
Author : Asli Demirguc-Kunt,Leora Klapper,Dorothe Singer,Saniya Ansar
Publisher : World Bank Publications
Page : 148 pages
File Size : 40,9 Mb
Release : 2018-04-19
Category : Business & Economics
ISBN : 9781464812682
In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.
Author : Bade Onimode,Institute for African Alternatives
Publisher : Unknown
Page : 264 pages
File Size : 46,5 Mb
Release : 1989
Category : Business & Economics
ISBN : UOM:39015015306270
V. 1. The economic impact -- v. 2. The social and political impact.
Author : Samuel Munzele Maimbo,Issa Faye,Thouraya Triki
Publisher : World Bank Publications
Page : 325 pages
File Size : 53,7 Mb
Release : 2011-09-07
Category : Business & Economics
ISBN : 9780821387979
Financing Africa takes stock of Africa's financial systems in light of recent changes in the global financial system --including the greater risk aversion of international investors, a shift in economic and financial powers towards emerging markets and the regulatory reform debate - and the increasing role of technology. Using a wider and more detailed array of data than previous publications, we observe a trend towards financial deepening, more stability and more inclusion leading up to the crisis; serious challenges, however, continue, including limited access to financial services, focus on short-term contracts and hidden fragility, related to weak regulatory frameworks, undue government interference and governance deficiencies. Our policy analysis therefore focuses on (i) expanding outreach, (ii) fostering long-term finance and (iii) improving regulation and supervision. We identify the positive role of innovation and competition, a stronger focus on non-traditional financial service providers, and more emphasis on demand-side constraints as priority areas for policy actions. Specifically, competition from new players outside the banking system, including telecomm companies can increase outreach with technological innovation that changes the economics of retail finance. Moving beyond national stock exchanges that are not sustainable in most African countries towards regional solutions and over-the-counter trades can help foster long-term finance, as can addressing governance challenges in contractual savings institutions, including life insurance companies and pension funds. Finally, there is a need to look beyond supply-side constraints towards users of financial services, focusing more on financial literacy of households and firms, but also consumer protection. In formulating policy messages, we carefully distinguish between different country groupings, differentiating -- among others -- between low- and middle-income and small and larger economies, with a special focus on resource-based economies and post-conflict countries. This book reaches out to both policy makers concerned about a more inclusive and effective financial system and other stakeholders, including practitioners and development partners. With this book we aim to contribute to the on-going financial sector debate on Africa, with the ultimate goal of faster economic development and poverty reduction.
Author : Charlotte J. Lundgren,Mr.Alun H. Thomas,Mr.Robert C York
Publisher : International Monetary Fund
Page : 85 pages
File Size : 41,7 Mb
Release : 2013-08-27
Category : Nature
ISBN : 9781484369326
Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub-Saharan African countries. Empirical evidence suggests, however, that translating this resource wealth into stronger economic performance and a higher standard of living has proven challenging. Much has been written about the resource curse. This publication focuses on solutions to the challenges and outlines the main policy considerations and options in managing natural resource wealth, drawing on experience within and outside sub-Saharan Africa and referring closely to the latest analysis and policy advice in this area by the IMF, the World Bank, and leading academic research. A key feature of each chapter is a recommended reading list for those who wish additional, more in-depth material on these issues to further inform policymakers and other stakeholders on the theoretical and analytical underpinnings of the policy advice.
Author : United States. Congress. House. Committee on Financial Services. Subcommittee on International Monetary Policy and Trade
Publisher : Unknown
Page : 136 pages
File Size : 41,7 Mb
Release : 2001
Category : Business & Economics
ISBN : LOC:00089586471
Author : Lynne Ciochetto
Publisher : World Scientific
Page : 313 pages
File Size : 44,8 Mb
Release : 2022-12-07
Category : Political Science
ISBN : 9781783266692
This timely book provides a comprehensive overview of the activities of the major foreign forces active in contemporary Sub-Saharan Africa. Stimulated by the abundance of reports in the media criticizing China's presence in Sub-Saharan Africa, there is an analysis of China's involvement in the region compared to the largest Western players: the United States, the World Bank and the International Monetary Fund. China has only been economically active in Sub-Saharan Africa since the 1990s, while the United States, the World Bank and the International Monetary Fund have been active since the 1950s. Indeed, the World Bank has been the major lender for development during the whole period. The book explores how these foreign interests have assisted with, or hindered progress towards, addressing the challenges facing the region. These challenges include high rates of poverty and low levels of human development, loss of political and economic sovereignty, periodic sluggish economic development, government indebtedness, illegal financial flows and corruption, the resource curse, environmental destruction and climate change. The approach is interdisciplinary and emphasises the key development issues: social, economic and environmental sustainability. An audit approach is used to explore changes within China and the West since the 1950s and evaluate their impact on Sub-Saharan Africa.China versus the US, World Bank and IMF in Sub-Saharan Africa is an important reference for academics, researchers and students. It is also written in an accessible style that is suitable for the general reader.