In the wake of economic crisis and civil war, it is tempting to take a pessimistic view of Africa's future. However, recent policy reforms, accompanied by improved growth, suggest
a more optimistic prospect for the next decade. This collection of essays outlines and discusses the multiple challenges that Africa faces as it is entering the new millennium. How should it transform its demonstrated resilience into the virtues of sustained growth, poverty reduction and the building of democratic institutions? How will individual countries
respond to the exigencies of the world market economy?
Dr Kayizzi-Mugerwa has assembled an impressive team of international experts who analyse in depth the current state of the African economy and make constructive suggestions about its future direction. The contributors argue that despite enduring challenges such as food security and employment creation, Africa faces a brighter future in sustainable growth provided that governance and policy- making are effectively employed to maintain peace, achieve greater regional collaboration and encourage private sector competitiveness. Dr Steve Kayizzi-Mugerwa is Associate Professor at Goteborg University, Sweden and has worked for the African Development Bank. His current research focuses on privatization and market development. Wilfred Aboum-Ongaro, United Nations Economic Commission for Africa, Addis Ababa, Ethiopia; Renato
Aguilar, Gothenberg University, Sweden; Arne Bigsten, Gothenberg University, Swe
Edited by:
Steve Kayizzi-Mugerwa
Imprint: Routledge
Country of Publication: United Kingdom
Volume: No.13
Dimensions:
Height: 229mm,
Width: 152mm,
Spine: 28mm
Weight: 750g
ISBN: 9780415183239
ISBN 10: 0415183235
Series: Routledge Studies in Development Economics
Pages: 320
Publication Date: 03 December 1998
Audience:
College/higher education
,
Professional and scholarly
,
Professional & Vocational
,
Primary
,
Further / Higher Education
Format: Hardback
Publisher's Status: Active
Notes on Contributors Preface 1. Introduction Steve Kayizzi-Mugerwa Part I: Policy 2. Looking for African Tigers Arne Bigsten 3. Investment, Macroeconomic Policies and Growth Kupukile Mlambo and Temitope W. Oshikoya 4. Aid and Economic Reform Howard White 5. Aid-constrained Trade Reform in Kenya Jorgen Levin 6. Monetary Policy Effectiveness in Zambia Abraham Mwenda 7. Minimum Wages and Trade Regimes: CGE Results for Zimbabwe Ramos Mabugu and Margaret Chitiga Part II: Institutions 8. Financial Institutions and Mobilisation of Resources for Development Victor Murinde 9. Institutions and Rural Development in Uganda: Issues Arising John Ddumba-Ssentamu 10. Building African Institutions: Learning From South Asia Mariam S. Pal 11. Market Power and Productivity in Zimbabwean Manufacturing Kupukile Mlambo and Thomas Sterner 12. Regionalism in African Development Peter Kimuyu 13. Transforming Economic and Political Structures for Growth: The Zambian Experience Manenga Ndulo 14. The Other Africa: Economic Development in Lusophone Countries Renato Aguilar Part III: The Future 15. The New South Africa: Growth or Stagnation? Mats Lundahl 16. The Political Economy of the Horn of Africa Gote Hansson 17. Agriculture, Policy Impacts and the Road Ahead Wilfred Aboum-Lufumpa 19. Privatisation and Market Development Steve Kayizza-Mugerwa
Reviews for The African Economy: Policy, Institutions and the Future
'...breadth of subject matter and diversity of styles of analysis...provides a useful compendium of how a more modest breed of economists are grappling with Africa's economic predicament.' - Modern African Studies