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Book synopsis

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.

Book details

Book category Books in English Reference, information & interdisciplinary subjects Interdisciplinary studies Development studies

• Full title: Economic Recovery in Africa
• Subtitle: The Paradox of Financial Flows
• Author: Vijay S. Makhan
• Language: English
• Binding: Hardback
• Number of pages: 261
• EAN: 9780333801550
• ISBN: 0333801555
• ID: 04599789
• Publisher: PALGRAVE MACMILLAN
• Weight: 550 g
• Dimensions: 216 × 140 × 22 mm
• Date of publishing: 17. May 2002

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