Growth


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Africa Index


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Economic Development in Africa


Book Description

Economic development is one of the key issues that has confronted Africa since the beginning of independence, more than a quarter-century ago. The countries of Africa have not only recognised the need for international assistance, but also the need for self-help along with various collective efforts in tackling the problems of development. The principal concern of Economic Development in Africa is with the contributions of the international environment to the development process in Africa. It considers efforts conceived within bilateral, multilateral and regional frameworks, acting as an introduction to the economic and political dimensions of these approaches. This specially commissioned collection brings together a number of scholars working in the field of International Relations with specialist interest in Africa.




Africa's Shadow Rise


Book Description

For years economists have spoken of 'Africa rising', and despite the global financial crisis, Africa continues to host some of the fastest growing economies in the world. Africa's Shadow Rise however argues that the continent's apparent economic 'rise' is essentially a mirage, driven by developments elsewhere - most particularly the expansion in China's economy. While many African countries have experienced high rates of growth, much of this growth may prove to be unsustainable, and has contributed to environmental destruction and worsening inequality across the continent. Similarly, new economic relationships have produced new forms of dependency, as African nations increasingly find themselves tied to the fortunes of China and other emerging powers. Drawing on in-depth fieldwork in southern Africa, Africa's Shadow Rise reveals how the shifting balance of global power is transforming Africa's economy and politics, and what this means for the future of development efforts in the region.







Regional Economic Integration in West Africa


Book Description

​This book presents a number of key studies pertaining to the most pressing challenges of economic regional integration in West Africa. The issues of monetary coordination, foreign exchange volatility, taxation, savings and macroeconomic convergence are investigated from a regional perspective. The characteristics of West Africa’s trade policy are reviewed and assessed in comparison to that of the Southern African Development Community (SADC). The extent to which regional integration can tackle the challenge of unemployment is the focus of studies on labour markets. Development of the private sector and coordination of regional cross-border transportation are examined through the lens of economic collaboration between Arab and African countries. The book provides fresh new answers to persistent development questions and sheds new light on long-held views that are either incomplete or no longer true. It also opens new perspectives on the search for sustainable avenues for Africa’s development. In this regard, it may contribute to the emergence of a new paradigm on Africa’s development process and its science-based, policy-oriented implementation.