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Finance & Development
June 1, 2007
Ulrich Jacoby |
Getting Together China is itself a developing country, but it is also fast becoming a major player in the development of sub-Saharan Africa.   |
Finance & Development
June 1, 2007
Harry G. Broadman |
Connecting Africa and Asia Improved Asian market access can boost Africa's exports, but Africa needs domestic reforms to fully capture the economic benefits |
Finance & Development
December 1, 2006
Gupta & Yang |
Unblocking Trade To underpin growth, Africa needs to adopt a comprehensive approach to boosting trade. Only by adopting a holistic approach can African economies succeed. |
Finance & Development
December 1, 2001
Robert Sharer |
An Agenda for Trade, Investment, and Regional Integration The importance of enhancing sub-Saharan Africa's trade performance, which was very weak in the 1980s and 1990s, cannot be overemphasized. |
Finance & Development
December 1, 2001
S. Ibi Ajayi |
What Africa Needs to Do to Benefit from Globalization |
Finance & Development
December 1, 2006
Sundberg & Gelb |
Making Aid Work Aid in the past was often guided by geopolitical considerations linked to the interests of donor countries rather than by development objectives. But the end of the cold war and progress toward a new aid architecture should make aid more effective in Africa. |
Finance & Development
December 1, 2006
Bio-Tchane & Christensen |
Right Time for Africa Africa needs to build on its recent success to catch up. A forward-looking reform agenda should aim to maintain macroeconomic stability, improve the business climate, promote trade, and, most important, strengthen fiscal institutions. |
Finance & Development
December 1, 2001
Evangelos A. Calamitsis |
The Need for Stronger Domestic Policies and International Support Globalization is a powerful engine of world prosperity, and it is certainly here to stay. Income disparities remain large. The basic issue is what policies and reforms are most likely to bring about sustainable economic growth for the benefit of all the peoples of the world. |
Finance & Development
September 2008
Gupta & Tareq |
Mobilizing Revenue Strengthening domestic revenue bases is key to creating fiscal space for Africa's developmental needs |
Finance & Development
September 1, 2005
Berg & Qureshi |
The MDGs: Building Momentum A big push on aid is not the sole answer. International development policy needs to move beyond aid and aim for actions that, together with stronger reforms in developing countries, cohere into a broader big push. |
Finance & Development
September 2008
Masood Ahmed |
The Next Frontier Low-income countries gain ground in a globalized world, but they still face major challenges. |
Finance & Development
December 1, 2001
Mohamed Daouas |
Africa Faces Challenges of Globalization |
Finance & Development
December 1, 2001
Nsouli & Le Gall |
The New International Financial Architecture and Africa African countries have made progress on various elements of the new architecture, but more work is needed---in particular, to enhance transparency and accountability, implement standards and codes, and strengthen financial systems. |
Finance & Development
December 2011
Antoinette Sayeh |
The Quality of Growth The questions that continually nag at me concern the quality of this growth in sub-Saharan Africa. In particular, is it inclusive -- are the poor and the young benefiting -- and is it sustainable? |
Finance & Development
December 1, 2001
G.E. Gondwe |
Making Globalization Work in Africa There is no doubt that economic growth rates in sub-Saharan Africa have lagged far behind those of other regions and that Africa is the region least integrated into the global economy. |
Finance & Development
December 1, 2000
Ernesto Hernandez-Cata |
Raising Growth and Investment in Sub-Saharan Africa: What Can Be Done? Sub-Saharan Africa must increase economic growth to reduce poverty and improve living standards. This article discusses some obstacles to growth in the region, as well as some policy actions that would improve its prospects. |
Finance & Development
December 1, 2001
Seyni N'Diaye |
The Role of Institutional Reforms ...It is precisely from this restrictive regulatory framework that African countries must extricate themselves if they are to realize their true potential in the global economy... |
Finance & Development
June 2009
Donald Kaberuka |
Straight Talk: Start This Engine Africa's policymakers should prepare for global recovery by priming their private sectors. |
TIME Asia
July 5, 2010
Alex Perry |
China's New Continent China is not the only nation that has noticed the opportunities in Africa, but it is the one that has taken them most seriously, in ways that may change not just the region's economic landscape but its political one too. |
HBS Working Knowledge
November 6, 2006
Martha Lagace |
How South Africa Challenges Our Thinking on FDI After the fall of apartheid, South Africa accepted the standard prescription for countries to receive more foreign direct investment. Yet FDI has been a mere trickle. Why? The answer may reside in the country's strong corporate environment. |
Finance & Development
December 2011
Calestous Juma |
Africa's New Engine As Africa's middle class grows, policymakers should place a premium on regional economic integration and the associated investment in infrastructure, technical training, and support of entrepreneurs. |
Finance & Development
December 1, 2000
Saleh M. Nsouli |
Capacity Building in Africa: The Role of International Financial Institutions This article reviews the evidence on the importance of domestic institutions for economic growth and examines the role of international financial institutions, and particularly the IMF and its training, in capacity building in Africa. |
Finance & Development
December 1, 2006
Schieber et al. |
Getting Real on Health Financing Unless the efficiency of the global aid architecture is improved and countries enhance their ability to put aid to good use, the massive investment in health that is currently taking place will not deliver the improvement in the health of the poor that everybody is striving for. |
Finance & Development
September 2009 |
Book Reviews Books of economic interest: Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa, by Dambisa Moyo... Successes of the International Monetary Fund: Untold Stories of Cooperation at Work, by Michael A. Clemens... more... |
Finance & Development
December 1, 2006
Michael Klein |
Taking Care of Business Creating a better business environment is crucial for bolstering growth in Africa. |
Finance & Development
September 1, 2005
Andrews et al. |
Ethiopia: Scaling Up Assessing the impact of a dramatic increase in aid on one of Africa's poorest countries. |
| Knowledge@Wharton |
Global Investment Comes Slowly to Africa shortest books" that people make jokes about. But Africa's economic story is beginning to develop new chapters, according to speakers at the recent Africa Business Forum organized by the Wharton African Students Association. The forum's theme was "Africa's Growth Engines." |
Finance & Development
December 2007 |
Letters to the Editor Female power... A moral obligation... Make it a partnership of equals... etc. |
Finance & Development
December 2011
Abebe Aemro Selassie |
A Cushion for the Poor Plagued by high unemployment and closely tied to Europe, South Africa is struggling. |
Finance & Development
June 1, 2002
Peter S. Heller & Sanjeev Gupta |
Challenges in Expanding Aid Flows The international community is calling for an increase in foreign development aid to 0.7 percent of industrial country GNP from 0.24 percent of GNP at present. But a large increase in aid flows could pose a number of challenges for the poorest countries. |
Finance & Development
December 1, 2006
McDonald et al. |
Enticing Investors To make a serious dent in poverty, Africa must attract more foreign capital. Portfolio investment has the potential to raise market efficiency and deepen financial intermediation while safeguarding financial sector soundness. |
Finance & Development
September 2010 |
Making a Breakthrough To accelerate progress toward the Millennium Development Goals, growth must happen in sectors that directly benefit the poor, such as agriculture. |
Finance & Development
September 2008 |
In Brief Spending on the Millennium Development Goals (MDGs)... Investing in renewable energy... |
Finance & Development
September 2008
Deutscher & Fyson |
Improving the Effectiveness of Aid A proliferation of donors and projects has made the governance of aid more problematic. |
Finance & Development
September 1, 2005
Peter S. Heller |
Making AID Work An unlikely alliance of rock stars, politicians, and grassroots activists has put the issue of combating poverty at the forefront of global policymaking. Scaling up aid flows is just the start of a complex set of decisions and tough choices. |
Finance & Development
June 2007 |
Letters to the Editor The merits of private equity... Building a solid foundation... Deciding how to spend the oil windfall... Hunger is the real problem... etc. |
Finance & Development
September 1, 2007
Li Cui |
China's Growing External Dependence The country's economic fortunes are increasingly tied to those of the global economy. |
| Knowledge@Wharton |
The Struggle for Economic Growth in Africa In an effort to generate economic growth, African leaders are lobbying the world for investment capital, promising political and free-market reforms in return. The continent desperately needs outside capital to jump-start stagnant economies... |
Parameters
Winter 2005/2006
Francis V. Crupi |
Why the United States Should Robustly Support Pan-African Organizations This article presents a rationale for why it should be the policy of the United States to robustly support pan-African sub-regional organizations that seek to have Africans help themselves. |
Fast Company
June 2008
Richard Behar |
Special Report: China in Africa (Part 6) That the West is losing the sub-Sahara to China does not come as news in Africa itself. |
Reason
October 2005
Ronald Bailey |
Data: Aiding and Indebting Despite the push to give to sub-Saharan African economies, evidence that aid boosts economic development is hard to come by. |
Finance & Development
September 2008
David C. L. Nellor |
The Rise of Africa's "Frontier" Markets A number of sub-Saharan countries are beginning to attract investors to their financial markets |
HBS Working Knowledge
December 6, 2004
Cynthia Churchwell |
An Entrepreneur's Journey in Africa Monique Maddy, who started and then closed a telecommunications business in Africa, has interesting insights into the challenges of entrepreneurship in developing countries in her new book, Learning to Love Africa: My Journey from Africa to Harvard Business School and Back. |
The Motley Fool
September 16, 2008
Zoe Van Schyndel |
The Final Investment Frontier Does Africa belong in your portfolio? |
Finance & Development
September 1, 2002
Adhikari & Yang |
What Will WTO Membership Mean for China and Its Trading Partners? After 15 years of arduous negotiations, China became the 143rd member of the World Trade Organization. The opening of an economy as large as China's can be disruptive to some developing countries in the short run, but, in the long run, it should benefit not only China but also its trading partners. |
Finance & Development
December 1, 2007
Bio-Tchane & Yehoue |
Africa's Missing Ingredients How international economic aid can be better directed to entrench development in sub-Saharan Africa. |
Pharmaceutical Executive
May 1, 2012 |
Country Report: South Africa In just the past few years, South Africa has hit several key economic benchmarks demonstrating the country's upward trajectory. |
Finance & Development
December 2010
Arora & Vamvakidis |
Gauging China's Influence China's rapid integration and growth are increasingly affecting the rest of the world. |
Finance & Development
December 1, 2001
Paul Chabrier |
Growth Strategy for North Africa: A Regional Approach Independent business surveys show that private investors generally feel that the business environment in the region has many serious problems, such as excessive red tape and weak domestic institutions---particularly the legal and judicial systems. |
Finance & Development
June 1, 2002 |
In brief Johannesburg summit 2002... Technical assistance for Africa... East Timor to join IMF... |
