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Africa in the World Economy: The National, Regional and International Challenges economic development, capital market

Author Jan Joost Teunissen, Age Akkerman eds. Series 06-02 Language English Date 2006.04.05

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The contributors to this book examine the economic constraints to growth and development faced by sub-Saharan African countries. These constraints include the underdevelopment of domestic capital markets, the lack of national and regional infrastructures, and the ongoing dependence on the export of commodities whose prices and markets are volatile and remain largely determined by the large companies of western countries. (The rest is omitted.)
Acknowledgements
Notes on the Contributors
Abbreviations

1. Clichés, Realities and Policy Challenges of Africa: By Way of
Introduction

PART I
THE DEVELOPMENT PARADIGM FOR AFRICA

2. Understanding African Poverty: Beyond the Washington Consensus to the
Millennium Development Goals Approach
3. The Challenge of African Development: A View from latin America
4. Are the MDGs Helping Africa to Become Independent?
5. Development Beyond the Millennium Development Goals


PART II
THE NATIONAL AND REGIONAL CHALLENGES럒AFRICA

6. Original Sin and Bond Market Development in Sub-Saharan Africa
7. Role of the State in Financial Sector Development in Sub-Saharan Africa
8. Capital Market Development in Uganda
9. Infrastructure, Regional Integration and Growth in Sub-Saharan Africa
10. Infrastructure, Regional Integration and Growth in Africa
11. Challenges for Regional Integration in Sub-Saharan Africa: Macroeconomic
Convergence and Monetary Coordination
12. Is Sub-Saharan Africa an Optimal Currency Area?

PART III
THE INTERNATIONAL CHALLENGES: TRADE AND FINANCE

13. Africa's Development and External Constraints
14. Keeping Africa's Policies on the Right Track
15. An Integrated Approach to Africa's Development Constraints
16. South-South Investment: The Case of Africa
17. Africa's External Constraints: What Developed Countries Should Do

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