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Economic Challenges And Policy Issues In Early 21st Century Sierra Leone
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Book Synopsis Economic Challenges and Policy Issues in Early 21st Century Sierra Leone by : Omotunde E. G. Johnson
Download or read book Economic Challenges and Policy Issues in Early 21st Century Sierra Leone written by Omotunde E. G. Johnson and published by . This book was released on 2012 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IGC-Sierra Leone programme, in cooperation with the Bank of Sierra Leone, has produced a book entitled 'Economic Challenges and Policy Issues in Early 21st Century Sierra Leone' featuring analysis of various facets of Sierra Leone's economies. Edited by Omotunde E.G. Johnson, the IGC Sierra Leone Country Director, the book project consists of five sections with thirteen chapters covering the following areas: Macroeconomics and Financial Sector Issues, Private Sector Development and Export Promotion, The Real Sectors, and Governance and Social Development. Many of the authors are Sierra Leoneans, both based in Sierra Leone and abroad. The issues covered in the book represent the main challenges currently facing Sierra Leone today. The goal of this project was to elicit critical thinking in Sierra Leone and abroad about the opportunities and challenges facing Sierra Leone, as it strives to reach middle-income status by 2035. The IGC hopes that this book will help to further shape the policy debate as Sierra Leone moves to implement policies to attain middle-income status.
Book Synopsis Economic Challenges and Policy Issues in Early Twenty-First-Century Sierra Leone by : Omotunde E. G. Johnson
Download or read book Economic Challenges and Policy Issues in Early Twenty-First-Century Sierra Leone written by Omotunde E. G. Johnson and published by Nightingale Books. This book was released on 2012-10-01 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book addresses policy reform issues in specific areas, namely: financial sector, export promotion, technical and vocational education and training, minerals, agriculture and food security, customary land tenure, the justice system, and improving the employment prospects of women.
Book Synopsis Achieving Financial Stability and Growth in Africa by : Stephany Griffith-Jones
Download or read book Achieving Financial Stability and Growth in Africa written by Stephany Griffith-Jones and published by Routledge. This book was released on 2016-03-24 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how the financial system should be regulated and structured to achieve the twin goals of inclusive growth and financial stability, with a focus on African low-income countries (LICs). The subject and content of this book is original in that it attempts to draw on the lessons and radical rethinking on the financial sector in developed and middle income countries, arising in the wake of the international financial crisis. It includes four in- depth country case studies, of Kenya, Ghana, Nigeria and Ethiopia, but also analyses the empirical evidence for Sub-Saharan Africa as a whole, evaluating the relevance (or not) of such major changes for the very different financial sectors and economies in low income countries. Achieving Financial Stability and Growth in Africa has major academic and policy implications, especially for low income countries, but also more generally, on broader issues. These include the desirable size of the financial sector, as well as more specific issues, such as the high cost of borrowing of small and medium enterprises in LICs, and possible measures to reduce it. Highly topical subjects like the appropriate regulation of the financial sector and management of capital flows are discussed in depth. Though drawing on comprehensive reviews of the literature, this volume has the virtue of the large comparative academic and policy experience of researchers, as well as in-depth case studies, that take account of institutional and economic features of low- income countries. Written by senior academics and policy-makers, this book is a must read for those researching or participating in the financial sectors of low-income countries, as well as in developed economies. It is also suitable for those who study political economy and public finance.
Book Synopsis Freedom of Information Law and Good Governance by : Emmanuel Saffa Abdulai
Download or read book Freedom of Information Law and Good Governance written by Emmanuel Saffa Abdulai and published by Springer Nature. This book was released on 2021-10-15 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that Sierra Leone’s ten-year civil conflict demonstrates the criticality of freedom of information (FOI) as a facet of good governance where corruption thrives, spanning both public and private sectors, if Sierra Leone’s continued security and stability are to be ensured. It argues that it was the absence of an anti-corruption tool like FOI and its attendants, transparency, and accountability, in governance generally, and in the area of the extractive industry in particular, that lead to other social phenomena which directly sparked the war. It proffers that for the continued consolidation of peace, security, stability and development in Sierra Leone, transparency and accountability must be ensured by protecting and implementing the demand driven anti-graft FOI. Straddling the disciplines of law, political science, public policy, and history, the book’s major premise is that it was the absence of FOI in the area of governance and the extractive industry, which enabled politicians, civil servants and the politically connected to ransom and exploit Sierra Leone’s mineral resources for their own profit with impunity, a state of affairs which led to underdevelopment, state collapse and an embittered civil populace especially the youth. The book postulates that as such any attempt to ensure long-term peace in Sierra Leone, should seek to avoid replicating the conditions that gave rise to that gruesome conflict- elites expropriation of national resources through endemic graft. The book proposes the comprehensive and effective implementation of the Right to Information Act 2013.
Book Synopsis The Politics of Economic Regionalism by : David J Francis
Download or read book The Politics of Economic Regionalism written by David J Francis and published by Routledge. This book was released on 2017-11-01 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001: The primary objective of this book is to provide an analytical understanding of the nature, dynamics and complexity of the politics of economic regionalism through the prism of Sierra Leone in the Economic Community of West African States (ECOWAS). The book also discusses the following issues: the evolution of economic regionalism in West Africa and the conceptual framework for analysis; the expansion of the economic regionalism; developments within the West Africa sub-region with that of the transformation of the global economy and international political system; political, economic and security developments within ECOWAS; and the civil war in Sierra Leone.
Book Synopsis Sierra Leone by : International Monetary Fund. African Dept.
Download or read book Sierra Leone written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2020-04-17 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper on Sierra Leone shows that boosting education and its quality for all children yields substantial macroeconomic gains. While investments in the sector will take time to yield results, the potential gains provide ample motivation for sustained, multi-pronged policy interventions along the lines highlighted in the following paragraphs. Equalizing access to education emerges as a critical goal for prosperity that is shared fairly across the population. Attaining free secondary education for all is a critical long-run objective. With limited fiscal space and vast challenges in the sector, evidence-based prioritizing, sequencing and targeting of policies is critical. Careful monitoring of education spending and its impacts will help reassess programs and priorities going forward. Enhancing the governance of the sector to ensure that spending is well-aligned with needs in the various levels is also important. Tackling the education challenge will require coordinated work to overcome hurdles in several sectors. Several factors currently within and beyond the education sector constrain efforts that could effectively reap the economic benefits from education. The results indicate the macroeconomic benefits of education could be substantial, in the order of up to 40 percent of gross domestic product in the long run.
Book Synopsis Sierra Leone's Public Investment and Fiscal Sustainability. Addressing Economic Concerns by : Ibrahim Ganawah
Download or read book Sierra Leone's Public Investment and Fiscal Sustainability. Addressing Economic Concerns written by Ibrahim Ganawah and published by . This book was released on 2023-10-22 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2021 in the subject Business economics - Economic Policy, language: English, abstract: This comprehensive paper delves into Sierra Leone's resolute pursuit of fiscal sustainability and long-term economic prosperity, focusing on the instrumental role of strategic public investments in vital sectors such as education, healthcare, and infrastructure. The study sets out to explore Sierra Leone's multifaceted journey, emphasizing the importance of responsible fiscal management and prudent investment policies to secure a brighter future for its citizens. Within this ambitious pursuit of fiscal sustainability, the study sheds light on the multifaceted challenges faced by Sierra Leone in navigating the complex landscape of public investments. These challenges encompass historical legacies of conflict and instability, capacity constraints in government institutions, and external economic factors, all of which necessitate a comprehensive approach for effective resolution. At the heart of this journey lies the imperative of fiscal sustainability, underscoring the critical role of responsible financial management and prudent fiscal policies in safeguarding the nation's long-term economic stability and development. The paper also delves into Sierra Leone's Public Investment Management Strategy (PIMS), a foundational framework designed to ensure the efficient allocation of public funds for investment purposes. This comprehensive strategy not only optimizes resource allocation but also promotes transparency, efficiency, and accountability in Sierra Leone's financial management. It empowers the government to align public investments with the nation's broader development goals, bolstering economic growth, reducing poverty, and improving essential public services. To construct this narrative, a qualitative research approach was employed. Qualitative data emerged from a comprehensive literature review, policy document analysis, and interviews with key stakehold
Book Synopsis Sierra Leone by : International Monetary Fund. African Dept.
Download or read book Sierra Leone written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2019-07-09 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Government of Sierra Leone’s new Medium-term National Development Plan (MTNDP) 2019–2023 has been founded on a strong political commitment to deliver devel-opment results that would improve the welfare of Sierra Leone’s citizens. The plan charts a clear path towards 2023 en route to the goal of achieving middle-income status by 2039 through inclusive growth that is sustainable and leaves no one behind. For the next five years, the Free Quality School Education Programme is the government’s flagship programme to provide a solid base to enhance human capital development and to facilitate the transformation of the economy.
Book Synopsis Sierra Leone by : International Monetary Fund
Download or read book Sierra Leone written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-06-23 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The government of Sierra Leone is requesting a successor three-year Extended Credit Facility (ECF) arrangement to support their program to raise economic growth by increasing investment in infrastructure and developing an accessible financial sector. Fiscal policy in 2010 focuses on improving revenue collection to support capital spending while containing pressures on current expenditures. The global economic downturn slowed economic activity in 2009, but achieving single digit inflation remains a challenge. Fiscal policy performance during 2009 was broadly satisfactory. Monetary policy was expansionary toward the end of 2009.
Book Synopsis Sierra Leone by : International Monetary Fund. African Dept.
Download or read book Sierra Leone written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2016-07-21 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper aims to measure the impact of the Ebola virus disease (EVD) epidemic on economic growth in Sierra Leone. A novel empirical approach is used, which is based on a Difference in Differences setup, called the Synthetic Control Method. The model suggests that EVD had a severe impact on growth. In 2014, the first year EVD hit the country, the impact on real growth excluding iron ore is estimated to be more than 5 percentage points. It is suggested that in outer years, the severity of the impact will lessen, and growth will converge to its normal path by 2018.
Book Synopsis African Successes, Volume I by : Sebastian Edwards
Download or read book African Successes, Volume I written by Sebastian Edwards and published by University of Chicago Press. This book was released on 2016-09-23 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studies of African economic development frequently focus on the daunting challenges the continent faces. From recurrent crises to ethnic conflicts and long-standing corruption, a raft of deep-rooted problems has led many to regard the continent as facing many hurdles to raise living standards. Yet Africa has made considerable progress in the past decade, with a GDP growth rate exceeding five percent in some regions. The African Successes series looks at recent improvements in living standards and other measures of development in many African countries with an eye toward identifying what shaped them and the extent to which lessons learned are transferable and can guide policy in other nations and at the international level. The first volume in the series, African Successes: Governments and Institutions considers the role governments and institutions have played in recent developments and identifies the factors that enable economists to predict the way institutions will function.
Book Synopsis African Families in the Twenty-first Century by : Aderanti Adepoju
Download or read book African Families in the Twenty-first Century written by Aderanti Adepoju and published by iUniverse. This book was released on 2005 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: African Families in the Twenty-First Century explores the idea that the family is the basic unit of society and an enduring multifunctional institution in Africa. The functions and structures of African families, as well as the multiple roles played by Africa's women, are undergoing structural changes. The ways in which education, employment, and current economic conditions reshape these complex roles are immense. The challenges facing African families and their members-such as globalization, war, poverty, economic restructuring, reproductive health, HIV/AIDS, harmful traditional practices, aging, and care and support of the elderly-have magnified due to a series of economic, social, political, religious, ecological, and other related factors. Author Aderanti Adepoju explores the vulnerability and resilience of African families in the face of these crises and challenges. He also looks at the opportunities facing African families in the new millennium. Because of the importance of African families to the development process, African Families in the Twenty-First Century is essential reading for planners, policy makers, activists, academics, and students.
Book Synopsis Economic and Social Crises in Sierra Leone: by : Fouday S Kamara
Download or read book Economic and Social Crises in Sierra Leone: written by Fouday S Kamara and published by Author House. This book was released on 2008-08-29 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic and social problems in Sierra Leone, the role of the small-scale entrepreneurs in petty trading as a strategy for socio-economic survival in the country. The people of Sierra Leone, by developing a business culture of small-scale entrepreneurship and petty trading, have succeeded in surviving the growing economic chaos.
Book Synopsis Sierra Leone Policy Papers by : Samuel Kamara Kenday Samuel Kamara
Download or read book Sierra Leone Policy Papers written by Samuel Kamara Kenday Samuel Kamara and published by . This book was released on 2009-11 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: A very brilliant analysis...commendable scholarship! Dr. Charles Curtis-Thomas Great work! It is always good to have some insights into our endemic problems. Momodu Sesay A terrific piece of work and I wish to congratulate you for doing a marvellous job. Serrie Kamara, Ph.D. Your policy papers on Sierra Leone are very thorough and well researched. Thanks for your papers. You are a great educator. Brima Michael Turay A very insightful and realistic work. Engr. Pierre Lightfoot-Boston A well written [anthology of essays] and I am not the least in doubt of what you can do as I know somewhere there is still some bigger "mental bomb" waiting to explode in your make up. Mohamed Boye Jallo-Jamboria While there is a longing for development ideas and leadership education in Sierra Leone, there is a dearth in relevant texts on the subject. Moreover, a generation of flawed policies and poor governance has hampered understanding of the cultural, social and economic influences on management of the weakening institutions of Sierra Leone. This book thus provides an invaluable empirical plinth for advancing development knowledge and social innovation and change in Sierra Leone. Arising from an interest in pursuing research and scholarship in policy development, Sierra Leone Policy Papers is an anthology of researched essays of forecasts, trends, and ideas about government in Sierra Leone. It combines analysis, theory, and political trends to explore the influences on leadership and institutional performance in Sierra Leone and attempts to push the boundaries of development policy. In doing so, it explores how much can be learned from examining Sierra Leone's leadership and management challenges towards realizing the potential of a Sierra Leonean regeneration, and to discerning what the global community may learn from Sierra Leone. Sierra Leone Policy Papers is much-needed scholarship of the political and leadership dynamics of Sierra Leone that should be appreciated by public officials, as well as researchers and policy makers in the international development community.
Book Synopsis Development, Democracy and Cohesion by : Bangura, Yusuf
Download or read book Development, Democracy and Cohesion written by Bangura, Yusuf and published by Sierra Leonean Writers Series. This book was released on 2015-08-06 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development is not just an economic issue or improvements in GDP and household incomes; it is also about social protection and how power and social differences are organised and managed for the benefit of all. With insights on Sierra Leone and wider Africa contexts, the 45 essays in this volume throw light on the challenges of building developmental, democratic and cohesive states and societies. Issues as diverse as poverty, inequality, employment, natural resource governance, social policy, financing development, state reform, gendered development, Ebola, female circumcision, electoral politics, the Arab spring, ethnicity, civil war and security are treated with fresh and engaging insights.
Book Synopsis UNDERSTANDING SIERRA LEONE’S DEVELOPMENT by : Willie B. Faulkner
Download or read book UNDERSTANDING SIERRA LEONE’S DEVELOPMENT written by Willie B. Faulkner and published by Xlibris Corporation. This book was released on 2014-02-18 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication, Understanding Sierra Leone's Development, is an author’s dream comes true. Sierra Leone, my birth place is at the core of what this book represents and, in its entirety, is about the country's economic and social ordeals and the problems the government is encountering in trying to resolve them. It premise is developmental and it commences with the author's attempt to arouse the interests and emotions of his readers so as to win their attentions. It contents are reliable, precise and simple, intended primarily for a variety of reading audiences but, in particular, our sixth form and college students planning to enter the business world. There are challenging issues for every-one African, Asian, Arab and other foreign students worldwide, and this is also suited for those whose second language is English. A prelude to the author's introduction enumerates the wave of troubling social events, some of which he considers alien and warns that unless there is the desire of the sitting government to resolve them, they may become obstacles to the country's economic growth. While addressing the country's social problems, the author takes the opportunity, on behalf of his college buddies, to dedicate this publication to their dean (faculty of economics, University of Sierra Leone), the late professor N. A. Cox- George, but to win it reader's emotions, especially the older generation, He idolizes the late governor Clarkson's prayer for Sierra Leone. Chapter 1 is a follow- through but is more detailed in raising the misconceptions of Sierra Leone's traditional values and what they represent. The chapter ends with a call to emulate the lives of the country's departed heroes and illustrious sons, in whose memories the nation should seek spiritual guidance. Chapter 2 is about development and the misconceptions surrounding the meaning itself, it's concept, analysis, scope and whether Sierra Leone is underdeveloped or in transition. This chapter exhaustively addresses it's classifications and characterization and, in doing so creates a new dimension of classification involving development, the super power doctrine, quite distinct from it political interpretation. By creating the doctrine and attaching it to development, it becomes part of the realms of economic development and, by it doctrine, represents a combination of exceptional economic and military superiority. The doctrine is guided by the presumption, that in warfare, economic strangulation and the domination of sophisticated weaponry should suffice to determine the duration or speedy conclusion of a military campaign. The doctrine takes cognizance of the fact that a prolonged war causes far- reaching loss of humans, properties and money. However, there are exceptions: Iran, Pakistan and Israel which according to World Bank, are not yet fully developed. Chapter 3 is about the nation's most controversial socio- economic problems, the land tenure- system, which, archaic by it formation and application, remains an impediment to the nation's economic growth. The obstacles to reforms and how they can be resolved are addressed in chapters 3 4 5 and 6, with recommendations, some improvised with caveats to protect the disposal of communal lands. The chapters on monetary policy, complicated as they may appear, are addressed with the utmost sincerity and understanding of underdevelopment. In Sierra Leone, some of it monetary policies are unwise and tainted with precarious government interventions but, our professional experts themselves have their own sides of the ugly stories. Monetary policy, from my perception of underdevelopment is addressed under three improvised crisis levels,(1) the impotence of Sierra Leone's land- tenure system, (2) a new hypothetical approach called, the Faulkner's tug of monetary war sessions, or the Faulkner's hypothesis and (3) the Bank of Sierra Leone dilemma. Faulkner's hypothesis, When two pa
Book Synopsis Building Security in Post-Conflict States by : Ursula Schroeder
Download or read book Building Security in Post-Conflict States written by Ursula Schroeder and published by Routledge. This book was released on 2017-10-02 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: Support for security and justice institutions has become a crucial instrument of international engagement in fragile and conflict-affected states. In attempts to shore up security as a precondition for sustainable peace, international actors have become deeply engaged in reforming the security agencies and security governance institutions of states emerging from conflict. But despite their increasing importance in the field of international peace- and state-building, security sector reform (SSR) interventions remain both highly political and deeply contentious processes. Expanding on this theme, this edited volume identifies new directions in research on the domestic consequences of external support to security sector reform. Both empirically and theoretically, the focus lies on the so far neglected role of domestic actors, interests and political power constellations in recipient states. Based on a wide range of empirical cases, the volume discusses how the often conflictual and asymmetric encounters between external and domestic actors with divergent interests and perceptions affect the consequences of international interventions. By taking into account the plurality of state and non-state security actors and institutions beyond classical models of Weberian statehood, the contributions make the case for engaging more closely with the complexity of the domestic security governance configurations that can result from external engagement in the field of security sector reform. This book was published as a special issue of International Peacekeeping.
