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African countries have experienced modest economic recovery during the 1990s. But these countries are caught in a vicious circle in which the existing economic structure cannot generate enough savings and export earnings needed to finance their development and mount a sustained assault on widespread poverty. Yet foreign aid has been cut back sharply and the continent receives only a trickle of foreign investment flows. New policy regimes are now in place, creating the right environment for external financing to make a major difference. Development finance is one of the foremost challenges facing African countries and the international community in the new century.
Autorius: | V. Makhan |
Serija: | International Political Economy Series |
Leidėjas: | Palgrave Macmillan UK |
Išleidimo metai: | 2002 |
Knygos puslapių skaičius: | 280 |
ISBN-10: | 1349421235 |
ISBN-13: | 9781349421237 |
Formatas: | 216 x 140 x 16 mm. Knyga minkštu viršeliu |
Kalba: | Anglų |
Parašykite atsiliepimą apie „Economic Recovery in Africa: The Paradox of Financial Flows“