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The International Monetary Fund And Africa
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Book Synopsis Opportunity for All by : MissCatriona Purfield
Download or read book Opportunity for All written by MissCatriona Purfield and published by International Monetary Fund. This book was released on 2018-07-17 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication brings together a set of IMF papers that prepared as backgrounds for the various sessions of the conference and will help put into broader dissemination channels the results of this important conference. An official IMF publication is well disseminated into academic and institutional libraries and book channels. The IMF metadata will also make the conference papers more discoverable online.
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 Where Credit is Due by : Gregory Smith
Download or read book Where Credit is Due written by Gregory Smith and published by Oxford University Press. This book was released on 2021-12-01 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Borrowing is a crucial source of financing for governments all over the world. If they get it wrong, then debt crises can bring progress to a halt. But if it's done right, investment happens and conditions improve. African countries are seeking calmer capital, to raise living standards and give their economies a competitive edge. The African debt landscape has changed radically in the first two decades of the twenty-first century. Since the clean slate of extensive debt relief, states have sought new borrowing opportunities from international capital markets and emerging global powers like China. The new debt composition has increased risk, exacerbated by the 2020 coronavirus pandemic: richer countries borrowed at rock-bottom interest rates, while Africa faced an expensive jump in indebtedness. The escalating debt burden has provoked calls by the G20 for suspension of debt payments. But Africa's debt today is highly complex, and owed to a wider range of lenders. A new approach is needed, and could turn crisis into opportunity. Urgent action by both lenders and borrowers can reduce risk, while carefully preserving market access; and smart deployment of private finance can provide the scale of investment needed to achieve development goals and tackle the climate emergency.
Download or read book Taxing Africa written by Mick Moore and published by Bloomsbury Publishing. This book was released on 2018-07-15 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taxation has been seen as the domain of charisma-free accountants, lawyers and number crunchers – an unlikely place to encounter big societal questions about democracy, equity or good governance. Yet it is exactly these issues that pervade conversations about taxation among policymakers, tax collectors, civil society activists, journalists and foreign aid donors in Africa today. Tax has become viewed as central to African development. Written by leading international experts, Taxing Africa offers a cutting-edge analysis on all aspects of the continent's tax regime, displaying the crucial role such arrangements have on attempts to create social justice and push economic advancement. From tax evasion by multinational corporations and African elites to how ordinary people navigate complex webs of 'informal' local taxation, the book examines the potential for reform, and how space might be created for enabling locally-led strategies.
Book Synopsis The Future of Work in Sub-Saharan Africa by : Aidar Abdychev
Download or read book The Future of Work in Sub-Saharan Africa written by Aidar Abdychev and published by International Monetary Fund. This book was released on 2018-12-17 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Far-reaching changes in technology, climate, and global economic integration are transforming the world of work in ways that we do not yet fully understand. Will the swift technological advances of the Fourth Industrial Revolution raise the standards of living for everyone? Or will robots massively displace workers leading to a jobless future where only a few benefit from the fruits of innovation? Will mitigation efforts be able to cushion the adverse effects of climate change, including food shortages and mass migration, which would place extra pressure on urban labor markets? Will countries continue to integrate commercially and financially, fostering growth and employment? Or will trade wars become a norm in a world increasingly fragmented and inward-looking? In sub-Saharan Africa, these uncertainties meet a dramatic increase in population and a rapid expansion in the labor force, which is becoming increasingly urban.
Book Synopsis External Debt and Capital Flight in Sub-Saharan Africa by : Mr.Mohsin S. Khan
Download or read book External Debt and Capital Flight in Sub-Saharan Africa written by Mr.Mohsin S. Khan and published by International Monetary Fund. This book was released on 2000-05-12 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mounting external debt and large-scale capital flight have been at the forefront of Africa's economic problems since the 1980s. External Debt and Capital Flight in Sub-Saharan Africa, edited by S. Ibi Ajayi and Mohsin S. Khan, takes a penetrating look at debt and capital flight during the 1990s in Ghana, Kenya, Nigeria, Tanzania, and Uganda. The book describes the size and composition of debt in the selected countries and examines the causes of the debt buildup. It also assesses the extent of capital flight and suggests ways of stemming the flight of financial resources.
Book Synopsis Our Continent, Our Future by : P. Thandika Mkandawire
Download or read book Our Continent, Our Future written by P. Thandika Mkandawire and published by IDRC. This book was released on 2014-05-14 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.
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.
Download or read book Dead Aid written by Dambisa Moyo and published by Macmillan. This book was released on 2009-03-17 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Chad by : International Monetary Fund. African Dept.
Download or read book Chad written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-09-09 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the effect of an IMF Staff-Monitored Program for Chad to enhance economic development. Weak institutional capacity and governance concerns have limited economic development and donor support in Chad. It is highlighted that the reduction in the nonoil primary deficit envisaged in the 2013 budget appears appropriate, but expenditures linked to the regional security situation and lower than anticipated oil revenues imply large financing needs. There are significant economic and political risks to program implementation,; the regional security situation remains volatile, and the economy is highly dependent on volatile oil revenue.
Book Synopsis New Partnership for Africa's Development by : Mr.Saleh M. Nsouli
Download or read book New Partnership for Africa's Development written by Mr.Saleh M. Nsouli and published by International Monetary Fund. This book was released on 2004-09-14 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adopted in 2001, the New Partnership for Africa’s Development (NEPAD) represents a new vision to place African countries on a path toward poverty reduction, sustainable growth, and full integration in the world economy. This conference volume includes papers selected from a high-level seminar in December 2002 held in Dakar, Senegal, organized by the IMF Institute in the context of the program of the Joint Africa Institute (JAI). The papers focus on the challenges confronting NEPAD in reducing poverty, promoting trade, attracting capital flows, and effecting institutional reforms.
Download or read book The Globalizers written by Ngaire Woods and published by Cornell University Press. This book was released on 2014-11-15 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The International Monetary Fund and Africa by : International Monetary Fund
Download or read book The International Monetary Fund and Africa written by International Monetary Fund and published by . This book was released on 1979 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Emerging Africa by : Steven C. Radelet
Download or read book Emerging Africa written by Steven C. Radelet and published by CGD Books. This book was released on 2010 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emerging Africa describes the too-often-overlooked positive changes that have taken place in much of Africa since the mid-1990s. In 17 countries, five fundamental and sustained breakthroughs are making old assumptions increasingly untenable: - The rise of democracy brought on by the end of the Cold War and apartheid - Stronger economic management - The end of the debt crisis and a more constructive relationship with the international community - The introduction of new technologies, especially mobile phones and the Internet - The emergence of a new generation of leaders. With these significant changes, the countries of emerging Africa seem poised to lead the continent out of the conflict, stagnation, and dictatorships of the past. The countries discussed in the book are Botswana, Burkina Faso, Cape Verde, Ethiopia, Ghana, Lesotho, Mali Mauritius, Mozambique, Namibia, Rwanda, São Tomé and Principe, Seychelles, South Africa, Tanzania, Uganda, and Zambia.
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 . This book was released on 1992 with total page 368 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.
Download or read book Africa written by Richard Dowden and published by PublicAffairs. This book was released on 2008-12-16 with total page 593 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a lifetime's close observation of the continent, one of the world's finest Africa correspondents has penned a landmark book on life and death in modern Africa. It takes a guide as observant, experienced, and patient as Richard Dowden to reveal its truths. Dowden combines a novelist's gift for atmosphere with the scholar's grasp of historical change as he spins tales of cults and commerce in Senegal and traditional spirituality in Sierra Leone; analyzes the impact of oil and the internet on Nigeria and aid on Sudan; and examines what has gone so badly wrong in Zimbabwe, Rwanda, Burundi, and the Congo. Dowden's master work is an attempt to explain why Africa is the way it is, and enables its readers to see and understand this miraculous continent as a place of inspiration and tremendous humanity.
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.
