Finance & Development, December 2011

Business & Finance, Economics, International Economics, Finance & Investing, Finance
Cover of the book Finance & Development, December 2011 by International Monetary Fund. External Relations Dept., INTERNATIONAL MONETARY FUND
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: International Monetary Fund. External Relations Dept. ISBN: 9781463994747
Publisher: INTERNATIONAL MONETARY FUND Publication: December 8, 2011
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: International Monetary Fund. External Relations Dept.
ISBN: 9781463994747
Publisher: INTERNATIONAL MONETARY FUND
Publication: December 8, 2011
Imprint: INTERNATIONAL MONETARY FUND
Language: English
"Africa's Middle-Class Motor" finds growing evidence that a recent resurgence in the continent's economic well-being has staying power. In his overview article, Harvard professor Calestous Juma says the emphasis for too long has been on eradicating poverty through aid rather than promoting prosperity through improved infrastructure, education, entrepreneurship, and trade. That is now changing: there is a growing emphasis on policies that produce a middle class. The new African middle class may not have the buying power of a Western middle class but it demands enough goods and services to support stronger economic growth, which, as IMF African Department head Antoinette Sayeh points out, in turn helps the poorest members of society. Oxford University economist Paul Collier discusses a crucial component of Africa's needed infrastructure: railways. It is a continent eminently suited to rail, development of which has been held back more by political than economic reasons. But even as sub-Saharan African thrives, its largest and most important economy, South Africa, has had an anemic performance in recent years. We also profile Ngozi Okonjo-Iweala, Nigeria's colorful economic czar. "Picture This" mines current trends to predict what Africa will look like a half century from now and "Data Spotlight" looks at increased regional trade in Africa. Elsewhere, Cornell Professor Eswar Prasad, examines a global role reversal in which emerging, not advanced, economies are displaying resilience in the face of the global economic crisis. The University of Queensland's John Quiggin, who wrote Zombie Economics, examines whether it makes sense in many cases to sell public enterprises. Economists Raghuram Rajan of the University of Chicago and Rodney Ramcharan of the U.S. Federal Reserve find clues to current asset booms and busts in the behavior of U.S. farmland prices a century ago.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
"Africa's Middle-Class Motor" finds growing evidence that a recent resurgence in the continent's economic well-being has staying power. In his overview article, Harvard professor Calestous Juma says the emphasis for too long has been on eradicating poverty through aid rather than promoting prosperity through improved infrastructure, education, entrepreneurship, and trade. That is now changing: there is a growing emphasis on policies that produce a middle class. The new African middle class may not have the buying power of a Western middle class but it demands enough goods and services to support stronger economic growth, which, as IMF African Department head Antoinette Sayeh points out, in turn helps the poorest members of society. Oxford University economist Paul Collier discusses a crucial component of Africa's needed infrastructure: railways. It is a continent eminently suited to rail, development of which has been held back more by political than economic reasons. But even as sub-Saharan African thrives, its largest and most important economy, South Africa, has had an anemic performance in recent years. We also profile Ngozi Okonjo-Iweala, Nigeria's colorful economic czar. "Picture This" mines current trends to predict what Africa will look like a half century from now and "Data Spotlight" looks at increased regional trade in Africa. Elsewhere, Cornell Professor Eswar Prasad, examines a global role reversal in which emerging, not advanced, economies are displaying resilience in the face of the global economic crisis. The University of Queensland's John Quiggin, who wrote Zombie Economics, examines whether it makes sense in many cases to sell public enterprises. Economists Raghuram Rajan of the University of Chicago and Rodney Ramcharan of the U.S. Federal Reserve find clues to current asset booms and busts in the behavior of U.S. farmland prices a century ago.

More books from INTERNATIONAL MONETARY FUND

Cover of the book Africa in the Doha Round: Dealing with Preference Erosion and Beyond by International Monetary Fund. External Relations Dept.
Cover of the book Regional Economic Outlook: Middle East and Central Asia (May 2007) by International Monetary Fund. External Relations Dept.
Cover of the book Reviving the Case for GDP-Indexed Bonds by International Monetary Fund. External Relations Dept.
Cover of the book The Perimeter of Financial Regulation by International Monetary Fund. External Relations Dept.
Cover of the book A Study of the Soviet Economy. 3-volume set by International Monetary Fund. External Relations Dept.
Cover of the book Analytical Issues in Debt by International Monetary Fund. External Relations Dept.
Cover of the book Finance and Development, September 2017 by International Monetary Fund. External Relations Dept.
Cover of the book Finance & Development, December 1984 by International Monetary Fund. External Relations Dept.
Cover of the book Adjustment Programs in Africa: The Recent Experience by International Monetary Fund. External Relations Dept.
Cover of the book Regional Economic Outlook, April 2016, Sub-Saharan Africa by International Monetary Fund. External Relations Dept.
Cover of the book Russia and the IMF - The Political Economy of Macro-Stabilization by International Monetary Fund. External Relations Dept.
Cover of the book A U.S. Value-Added Tax--A Review of the Issues by International Monetary Fund. External Relations Dept.
Cover of the book International Capital Markets: Developments and Prospects, 1983 by International Monetary Fund. External Relations Dept.
Cover of the book A Practical Guide to Public Debt Dynamics, Fiscal Sustainability, and Cyclical Adjustment of Budgetary Aggregates by International Monetary Fund. External Relations Dept.
Cover of the book Regional Economic Outlook: Middle East and Central Asia, April 2011 by International Monetary Fund. External Relations Dept.
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy