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Africa And Imf Conditionality
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Book Synopsis The IMF and the World Bank in Africa by : Kjell J. Havnevik
Download or read book The IMF and the World Bank in Africa written by Kjell J. Havnevik and published by . This book was released on 1987 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Africa and IMF Conditionality by : Kwame Akonor
Download or read book Africa and IMF Conditionality written by Kwame Akonor and published by Routledge. This book was released on 2013-09-13 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ghana was one of the first African countries to adopt a comprehensive IMF reform program and the one that has sustained adjustment longest. Yet, questions of Ghana's compliance - to what extent did it comply, how did it manage compliance, what patterns of non-compliance existed, and why? - have not been systematically investigated and remain poorly understood. This book argues that understanding the domestic political environment is crucial in explaining why compliance, or the lack thereof, occurs. Akonor maintains that compliance with IMF conditionality in Ghana has had high political costs and thus, non-compliance occurred once the political survival of a regime was at stake.
Book Synopsis The IMF and Aid to Sub-Saharan Africa by : International Monetary Fund. Independent Evaluation Office
Download or read book The IMF and Aid to Sub-Saharan Africa written by International Monetary Fund. Independent Evaluation Office and published by International Monetary Fund. This book was released on 2007-04-13 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Africa and IMF Conditionality by : Kwame Akonor
Download or read book Africa and IMF Conditionality written by Kwame Akonor and published by Routledge. This book was released on 2013-09-13 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ghana was one of the first African countries to adopt a comprehensive IMF reform program and the one that has sustained adjustment longest. Yet, questions of Ghana's compliance - to what extent did it comply, how did it manage compliance, what patterns of non-compliance existed, and why? - have not been systematically investigated and remain poorly understood. This book argues that understanding the domestic political environment is crucial in explaining why compliance, or the lack thereof, occurs. Akonor maintains that compliance with IMF conditionality in Ghana has had high political costs and thus, non-compliance occurred once the political survival of a regime was at stake.
Book Synopsis The Implications of Conditionality by : Fredoline O. Anunobi
Download or read book The Implications of Conditionality written by Fredoline O. Anunobi and published by University Press of Amer. This book was released on 1992-01-01 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: The accelerated inflation and large payment imbalances that have plagued the world economy in recent years have created new challenges for economic policy. Institutions such as the International Monetary Fund have found themselves operating in a global environment different from that for which they were originally designed, and developing countries have found their aspirations threatened by large increases in their payment deficits. There have been wide disagreements about the most suitable policy responses by developing countries to these problems and about the appropriateness of the stabilization programs favored by the IMF. This book argues that the strong opposition to International Monetary Fund macroeconomics stabilization policies in Africa indicate how difficult and painful it is to put an over-indebted economy on its feet within a short period of time. Contents: Introduction; The Historical Foundation and Theoretical Considerations of the International Monetary Fund: Third World Perspective; The Historical Impact of British Colonial Rule in Nigeria; the Post-Colonial Economy of Nigeria and the National Development Plan; The Origin and Development of the Economic Crisis in Nigeria; the History and Evolution of the IMF, Its Operation and Policy Conditionalities; The IMF, the World Bank and the Sudanese Economy; The International Monetary Fund and the Zambian Debt Problems; African Economic Crisis and the International Monetary Fund Response; The Buhari's Foreign Exchange Regulation: An Alternative to International Monetary Fund Policy Prescriptions; Babangida's Government and the Nature of the International Monetary Fund Involvement in Nigeria; As We See It: Concluding Assessments and Recommendations; Appendix; Bibliography; Index. International Monetary Fund Policy.
Book Synopsis A Strategy For IMF Reform by : Edwin M Truman
Download or read book A Strategy For IMF Reform written by Edwin M Truman and published by Columbia University Press. This book was released on 2006-02-15 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Monetary Fund (IMF) is in eclipse as the preeminent institution promoting international economic and financial stability. Successful reform of the IMF must engage the full spectrum of its members. The IMF should not focus primarily on its low-income members and the challenges of global poverty nor should it focus exclusively on international financial crises affecting a small group of vulnerable emerging-market economies. Instead, it must be engaged with each of its members potentially on the full range of their economic and financial policies and play a central role in shaping global economic performance. This important new book strongly argues that systemically important countries, starting with the Group of Seven, must support the IMF in this role. Its recommendations cover all key aspects of IMF responsibilities and operations: (1) In the crucial area of governance, the membership of the IMF should promptly address the reallocation of IMF shares (voting power) and the reallocation of chairs (representation on the IMF executive board), and it is time to discard the old conventions and to adopt a merit-based approach to the choice of the IMF's leadership; (2) mechanisms should be put in place to increase the IMF's leverage over systemically important members, and the IMF must act more forcefully in discharging its responsibility to exercise firm surveillance over members' exchange rate policies; (3) the Fund's central role in external financial crises should be reaffirmed; (4) the IMF should narrow and refocus its involvement with its low-income members; (5) the IMF's activities should be updated with respect to members' capital account policies and financial sectors; and (6) the IMF should put in place procedures for borrowing from the market to guard against the possibility that it will not receive timely increases in its quota resources.
Author :United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Africa Publisher : ISBN 13 : Total Pages :108 pages Book Rating :4.F/5 ( download)
Book Synopsis Africa, the World Bank, and the IMF by : United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Africa
Download or read book Africa, the World Bank, and the IMF written by United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Africa and published by . This book was released on 1984 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Sub-Saharan Africa by : Ms.Catherine A. Pattillo
Download or read book Sub-Saharan Africa written by Ms.Catherine A. Pattillo and published by International Monetary Fund. This book was released on 2006-08-28 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial sectors in low-income sub-Saharan Africa (SSA) are among the world's least developed. In fact, assets in most low-income African countries are smaller than those held by a single medium-sized bank in an industrial country. The absence of deep, efficient financial markets seriously challenges policy making, hinders poverty alleviation, and constrains growth. This book argues that building efficient and sound financial sectors in SSA countries will improve Africa's economic prospects. Based on a review of the key features of financial systems, it discusses the main obstacles and challenges that financial structures pose for SSA economies and recommends steps that could address major shortcomings in implementing the reform agenda.
Book Synopsis IMF Conditionality by : John Williamson
Download or read book IMF Conditionality written by John Williamson and published by MIT Press (MA). This book was released on 1983 with total page 708 pages. Available in PDF, EPUB and Kindle. Book excerpt: The twenty-one contributions in this book assess the controversy surrounding the Fund and provide judgments about the criteria for Fund lending which should help readers understand and analyze both its ongoing role in smoothing adjustment to international payments imbalances and its currently critical position in responding to the debt crisis.
Book Synopsis Making Globalization Work by : Joseph E. Stiglitz
Download or read book Making Globalization Work written by Joseph E. Stiglitz and published by W. W. Norton & Company. This book was released on 2007-09-17 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A damning denunciation of things as they are, and a platform for how we can do better."—Andrew Leonard, Salon Building on the international bestseller Globalization and Its Discontents, Joseph E. Stiglitz offers here an agenda of inventive solutions to our most pressing economic, social, and environmental challenges, with each proposal guided by the fundamental insight that economic globalization continues to outpace both the political structures and the moral sensitivity required to ensure a just and sustainable world. As economic interdependence continues to gather the peoples of the world into a single community, it brings with it the need to think and act globally. This trenchant, intellectually powerful, and inspiring book is an invaluable step in that process.
Book Synopsis The Political Economy of South Africa's Relations with the International Monetary Fund and the World Bank by : Anthony Leysens
Download or read book The Political Economy of South Africa's Relations with the International Monetary Fund and the World Bank written by Anthony Leysens and published by . This book was released on 1994 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Finance, Development, and the IMF by : James M. Boughton
Download or read book Finance, Development, and the IMF written by James M. Boughton and published by Oxford University Press. This book was released on 2009-06-25 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: An interdisciplinary collection of essays from leading academics and experts addressing how the IMF can support economic growth, poverty reduction, and macroeconomic stability in the world's poorest regions.
Download or read book Money Talks written by Erica R. Gould and published by Stanford University Press. This book was released on 2006 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: analyzes the changes in conditions placed on International Monetary Fund loans to states over the last fifty years and argues that the changes can be explained by shifts in the sources of the IMF's funding.
Book Synopsis The Changing Nature of IMF Conditionality by : Jacques Jacobus Polak
Download or read book The Changing Nature of IMF Conditionality written by Jacques Jacobus Polak and published by . This book was released on 1991 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The IMF, the World Bank, and the African Debt: The economic impact by : Bade Onimode
Download or read book The IMF, the World Bank, and the African Debt: The economic impact written by Bade Onimode and published by . This book was released on 1989 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: V. 1. The economic impact -- v. 2. The social and political impact.
Book Synopsis Africa's Development Crisis and the Role of External Lending Institutions by : UGWUMBA EGBUTA
Download or read book Africa's Development Crisis and the Role of External Lending Institutions written by UGWUMBA EGBUTA and published by GRIN Verlag. This book was released on 2019-04-03 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2019 in the subject Economics - International Economic Relations, , language: English, abstract: This work analyzes Africa’s development crisis and the role of external lending institutions conerning the perspective in Nigeria. African countries came out of colonial rule with two major challenges related to achievement of sustainable development and unity in the continent. It decided to pursue unity which was a means to development. However, the prospects of development was inhibited or truncated by the outbreak of inter and intra-state conflicts that followed independence. To rebuild their economies, African countries resorted to borrowing from the Bretton Woods Institutions: the World Bank and the International Monetary Fund (IMF) and other international financial institutions. To this end, long and short-term loans were given to African leaders who either misapplied the facilities or could not cope with the conditionality associated with economic reform policies. It is in this light that this article interrogates the undercurrents of these conditions attached to the loans on Africa, with insights from the Nigerian experience. It unravels how the application of the loans and the reform policies complicated rather than addressing the developmental malaise that bedevilled post-colonial African states for which the loans were sought for in the first instance. The article further questions the rationale behind the acceptance of these loans by African leaders and why it has consistently favoured borrowing as a means of solving the continent’s development challenges. It recommends, among other options, the evolvement of an alternative funding arrangement from within the continent devoid of external loan trappings. More importantly, having an effective tax system devoid of corruption, purposeful political leadership that will manage the financial sector will help the nation avert similar trend in future. Through these, resources will come from diverse sources that will help the continent develop, since events of the past has proven that these institutions operate loan policies that are not favourable to the developing countries. Above all, efforts should be made to strengthen institutions of government, especially, the anti-corruption and crimes ones to bring about financial accountability regime.
Book Synopsis Nigeria by : International Monetary Fund. African Dept.
Download or read book Nigeria written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2021-02-08 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nigerian economy is at a critical juncture. A weak pre-crisis economy characterized by falling per capita income, double-digit inflation, significant governance vulnerabilities and limited buffers, is grappling with multiple shocks from the COVID-19 pandemic. Real output is projected to contract by 3.2 percent in 2020, with a weak recovery likely to keep per capita income stagnant and no higher than the 2010 level in the medium term. Policy adjustment and reforms are urgently needed to navigate this crisis and change the long-running lackluster course.