Economic Development in Sub-Saharan Africa: Proceedings of the Eleventh World Congress of the International Economic Association, Tunis / Edition 1

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The economic reforms taking place in sub-Saharan African coutnries now--assisted by multilateral and bilateral donors--should not only be sustained, but should also be critically appraised. From this exercise or appraisal, approipriate reform and development strategies are already emerging. The objective of this volume is to contribute to this strategy of reform and vision of development in SSA so that the current economic decline can be arrested, sustainable economic growth restored, and a lasting impact on poverty achieved.
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Editorial Reviews

Contributors from the World Bank, the International Monetary Fund, other banks, and universities in Africa and Europe strive to develop a strategy and vision of development in the region that arrests the current economic decline, restores sustainable economic growth, and achieves a lasting impact on poverty. The 11 papers cover growth and long-term development; trade, regional integration, and external economic relations; and macroeconomic reforms. The conference was held in conjunction with the African Economic Research Consortium and the International Economic Association. There is no index. Annotation c. Book News, Inc., Portland, OR (
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Product Details

  • ISBN-13: 9780312232061
  • Publisher: Palgrave Macmillan
  • Publication date: 5/28/2001
  • Series: International Economic Association Series
  • Edition number: 1
  • Pages: 351
  • Product dimensions: 5.70 (w) x 8.76 (h) x 1.07 (d)

Meet the Author

Ibrahim A. Elbadawi is Executive Director and Benno J. Ndulu is Research Coordinator at the African Economic Research Consortium in Nairobi, Kenya.

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Table of Contents

The International Economic Association
List of Contributors
Abbreviation and Acronyms
1 Economic Reforms, Growth and Development in SubSaharan Africa: Recent Experiences and Prospective Issues 1
2 Growth and Development in SubSaharan Africa: Evidence on Key Factors 35
3 Determinants of Private Investment in SubSaharan Africa: An Empirical Investigation 86
4 The Challenge of Poverty Alleviation is SubSaharan Africa 115
5 The Role of External Economic Relations in Africa's Economic Development 143
6 Regional Integration and Strategies for Trade Policy in SubSaharan Africa 157
7 Fiscal Policy in a Sample of Reforming African Countries 177
8 Financial Sector Reforms in SubSaharan Africa 205
9 Monetary Policy in an Era of Economic Reforms in Africa 233
10 Exchange Rate Reforms in SubSaharan Africa: Some Lessons for Economic Policy Management 245
11 Macroeconomic Reforms in the CFA Franc Zone 308
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