IMF-World Bank and Labor's Burdens in Africa

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Publisher :
ISBN 13 :
Total Pages : 179 pages
Book Rating : 4.:/5 (654 download)

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Book Synopsis IMF-World Bank and Labor's Burdens in Africa by : Martin Kwamina Panford

Download or read book IMF-World Bank and Labor's Burdens in Africa written by Martin Kwamina Panford and published by . This book was released on 2001 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt:

IMF - World Bank and Labor's Burdens in Africa

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Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313016089
Total Pages : 196 pages
Book Rating : 4.3/5 (13 download)

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Book Synopsis IMF - World Bank and Labor's Burdens in Africa by : Kwamina Panford

Download or read book IMF - World Bank and Labor's Burdens in Africa written by Kwamina Panford and published by Bloomsbury Publishing USA. This book was released on 2001-08-30 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization, the return to a multi-party system of government, and the policies advocated by the IMF and the World Bank have led to near revolutionary labor relations in Ghana. As Panford shows, these new social and economic forces have unleashed new and even contradictory labor policies and practices which are having profound social, political, and economic consequences. Panford examines how the Ghana Constitution of 1992 led for the first time to new workers' rights, including the right to affiliate with any local, national, or international union. In response to globalization and policies advocated by the IMF and the World Bank, the Ghana government sought to resist worker demands for improved working and living conditions. The situation was worsened by the privatization of state-owned businesses and severe cuts in public employment. In this environment of tense labor relations, government hostility, and weak employment, Panford traces the ways workers are revitalizing unions and developing new sources of jobs and finances. These include relatively aggressive systematic organization of women, senior staff, and the informal/agricultural sector. One of the most important initiatives of the unions is the creation of a workers' trust to establish and finance worker-owned enterprises. The evidence presented by Panford indicates the failure of IMF and World Bank policies, and he calls for new and viable policy alternatives with emphasis on enhancing Ghana's global competitiveness and meeting genuine development needs. A thoughtful analysis that will be of interest to scholars and researchers involved with development and international economics, labor relations in the developing world and the increased involvement of international financial institutions.

The IMF and Aid to Sub-Saharan Africa

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Publisher : International Monetary Fund
ISBN 13 : 1589066359
Total Pages : 98 pages
Book Rating : 4.5/5 (89 download)

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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.

Africa's Infrastructure

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Publisher : World Bank Publications
ISBN 13 : 9780821380833
Total Pages : 382 pages
Book Rating : 4.3/5 (88 download)

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Book Synopsis Africa's Infrastructure by : World Bank

Download or read book Africa's Infrastructure written by World Bank and published by World Bank Publications. This book was released on 2009-12-01 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 sound maintenance 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.

World Development Report 2019

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Publisher : World Bank Publications
ISBN 13 : 1464813566
Total Pages : 148 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis World Development Report 2019 by : World Bank

Download or read book World Development Report 2019 written by World Bank and published by World Bank Publications. This book was released on 2018-10-31 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report will study how the nature of work is changing as a result of advances in technology today. Technological progress disrupts existing systems. A new social contract is needed to smooth the transition and guard against rising inequality. Significant investments in human capital throughout a person’s lifecycle are vital to this effort. If workers are to stay competitive against machines they need to train or retool existing skills. A social protection system that includes a minimum basic level of protection for workers and citizens can complement new forms of employment. Improved private sector policies to encourage startup activity and competition can help countries compete in the digital age. Governments also need to ensure that firms pay their fair share of taxes, in part to fund this new social contract. The 2019 World Development Report presents an analysis of these issues based upon the available evidence.

Regional Economic Outlook, October 2012, Sub-Saharan Africa

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Publisher : International Monetary Fund
ISBN 13 : 1475510799
Total Pages : 119 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Regional Economic Outlook, October 2012, Sub-Saharan Africa by : International Monetary Fund. African Dept.

Download or read book Regional Economic Outlook, October 2012, Sub-Saharan Africa written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2012-10-15 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic conditions in sub-Saharan Africa have remained generally robust despite a sluggish global economy. The near-term outlook for the region remains broadly positive, and growth is projected at 51⁄4 percent a year in 2012-13. Most low-income countries are projected to continue to grow strongly, supported by domestic demand, including from investment. The outlook is less favorable for many of the middle-income countries, especially South Africa, that are more closely linked to European markets and thus experience a more noticeable drag from the external environment. The main risks to the outlook are an intensification of financial stresses in the euro zone and a sharp fiscal adjustment in the US--the so-called fiscal cliff.

Global Economic Prospects, January 2020

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Publisher : World Bank Publications
ISBN 13 : 1464814694
Total Pages : 561 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Economic Prospects, January 2020 by : World Bank Group

Download or read book Global Economic Prospects, January 2020 written by World Bank Group and published by World Bank Publications. This book was released on 2020-01-27 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global growth is projected to be slightly faster in 2020 than the post-crisis low registered last year. While growth could be stronger if reduced trade tensions lead to a sustained reduction in uncertainty, the balance of risks to the outlook is to the downside. Growth in emerging market and developing economies is also expected to remain subdued, continuing a decade of disappointing outcomes. A steep and widespread productivity growth slowdown has been underway in these economies since the global financial crisis, despite the largest, fastest, and most broad-based accumulation of debt since the 1970s. In addition, many emerging market and developing economies, including low-income countries, face the challenge of phasing out price controls that impose heavy fiscal cost and dampen investment. These circumstances add urgency to the need to implement measures to rebuild macroeconomic policy space and to undertake reforms to rekindle productivity growth. These efforts need to be supplemented by policies to promote inclusive and sustainable long-term growth and accelerate poverty alleviation. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing countries, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, whereas the June edition contains shorter analytical pieces.

Adjustment in Africa

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Adjustment in Africa by :

Download or read book Adjustment in Africa written by and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Informal Economy in Sub-Saharan Africa

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Publisher : International Monetary Fund
ISBN 13 : 1484309030
Total Pages : 31 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis The Informal Economy in Sub-Saharan Africa by : Leandro Medina

Download or read book The Informal Economy in Sub-Saharan Africa written by Leandro Medina and published by International Monetary Fund. This book was released on 2017-07-10 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable. To address this issue, this paper applies for the first time the light intensity approach (instead of GDP). It also uses the Predictive Mean Matching (PMM) method to estimate the size of the informal economy for Sub-Saharan African countries over 24 years. Results suggest that informal economy in Sub-Saharan Africa remains among the largest in the world, although this share has been very gradually declining. It also finds significant heterogeneity, with informality ranging from a low of 20 to 25 percent in Mauritius, South Africa and Namibia to a high of 50 to 65 percent in Benin, Tanzania and Nigeria.

Enhancing Collaboration - Joint Management Action Plan

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Publisher : International Monetary Fund
ISBN 13 : 149833332X
Total Pages : 67 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Enhancing Collaboration - Joint Management Action Plan by : International Monetary Fund

Download or read book Enhancing Collaboration - Joint Management Action Plan written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-09-20 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Global Economic Prospects, January 2019

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Publisher : World Bank Publications
ISBN 13 : 1464813868
Total Pages : 470 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Economic Prospects, January 2019 by : World Bank Group

Download or read book Global Economic Prospects, January 2019 written by World Bank Group and published by World Bank Publications. This book was released on 2019-02-12 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: The outlook for the global economy has darkened. Global financing conditions have tightened, industrial production has moderated, trade tensions have intensified, and some large emerging market and developing economies have experienced significant financial market stress. Faced with these headwinds, the recovery in emerging market and developing economies has lost momentum. Downside risks have become more acute and include the possibility of disorderly financial market movements and an escalation of trade disputes. Debt vulnerabilities in emerging market and developing economies, particularly low-income countries, have increased. More frequent severe weather events would raise the possibility of large swings in international food prices, which could deepen poverty. In this difficult environment, it is of paramount importance for emerging market and developing economies to rebuild policy buffers while laying a stronger foundation for future growth by boosting human capital, promoting trade integration, and addressing the challenges associated with informality,

Raising Growth and Investment in Sub-Saharan Africa

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Publisher : International Monetary Fund
ISBN 13 : 1451973519
Total Pages : 27 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Raising Growth and Investment in Sub-Saharan Africa by : Mr.Ernesto Hernández-Catá

Download or read book Raising Growth and Investment in Sub-Saharan Africa written by Mr.Ernesto Hernández-Catá and published by International Monetary Fund. This book was released on 2000-05-01 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper argues that sub-Saharan Africa’s growth performance needs to be improved substantially in order to raise standards of living to an acceptable level and achieve a visible reduction in poverty. The paper provides a broad overview of the explanations for sub-Saharan Africa’s unsatisfactory growth performance in the past, paying particular attention to the empirical literature. It argues that growth has been hampered by economic distortions and institutional deficiencies that have increased the risk of investing in Africa, and lowered the rates of return on capital and labor as well as the growth of total factor productivity.

Yes, Africa Can

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Publisher : World Bank Publications
ISBN 13 : 0821387456
Total Pages : 497 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Yes, Africa Can by : Punam Chuhan-Pole

Download or read book Yes, Africa Can written by Punam Chuhan-Pole and published by World Bank Publications. This book was released on 2011-06-24 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Africa and IMF Conditionality

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Publisher : Routledge
ISBN 13 : 1135526036
Total Pages : 180 pages
Book Rating : 4.1/5 (355 download)

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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.

Making It Big

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Publisher : World Bank Publications
ISBN 13 : 1464815585
Total Pages : 178 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Making It Big by : Andrea Ciani

Download or read book Making It Big written by Andrea Ciani and published by World Bank Publications. This book was released on 2020-10-08 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.

The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475535783
Total Pages : 43 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa by : Mr.Bjoern Rother

Download or read book The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa written by Mr.Bjoern Rother and published by International Monetary Fund. This book was released on 2016-09-16 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, the Middle East and North Africa region (MENA) has experienced more frequent and severe conflicts than in any other region of the world, exacting a devastating human toll. The region now faces unprecedented challenges, including the emergence of violent non-state actors, significant destruction, and a refugee crisis bigger than any since World War II. This paper raises awareness of the economic costs of conflicts on the countries directly involved and on their neighbors. It argues that appropriate macroeconomic policies can help mitigate the impact of conflicts in the short term, and that fostering higher and more inclusive growth can help address some of the root causes of conflicts over the long term. The paper also highlights the crucial role of external partners, including the IMF, in helping MENA countries tackle these challenges.

Africa's Development in the Twenty-first Century

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Publisher : Ashgate Publishing, Ltd.
ISBN 13 : 9780754644781
Total Pages : 444 pages
Book Rating : 4.6/5 (447 download)

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Book Synopsis Africa's Development in the Twenty-first Century by : Kwadwo Konadu-Agyemang

Download or read book Africa's Development in the Twenty-first Century written by Kwadwo Konadu-Agyemang and published by Ashgate Publishing, Ltd.. This book was released on 2006 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Having been under colonial rule for the first half of the century, by 1965 all but a handful of African countries had regained their independence and were poised to take off into an era of development. However, Africa now suffers from the most acute form of underdevelopment anywhere in the world. Bringing together a broad selection of case studies covering a wide range of key issues, this volume provides a multidisciplinary exploration of Africa's development opportunities and challenges into the twenty-first century.