Financing Sustainable Development in Africa

✍ Scribed by Uchenna R. Efobi, Simplice Asongu

• Publisher: Springer International Publishing;Palgrave Macmillan
• Year: 2018
• Tongue: English
• Leaves: 456
• Edition: 1st ed.
• Category: Library

✦ Synopsis

This edited volume provides a critical evaluation of financing options for sustainable development in Africa. While sustainability has long been the watchword for development programs, and while many African countries have taken initiatives to develop integrated frameworks that tackle developmental challenges—including poverty, education, and health—financing has remained a challenge. In this book, an expert team of chapter authors examines new financing options while also exploring how traditional financing means, such as foreign aid and foreign direct investment, can be more effective for sustainability. The authors discuss how African nations can build adequate structures and productive capacity to create a platform that can meet present economic, social, and environmental needs without compromising the ability of future generations to meet their own needs. Practical case studies and scientific evidence give this book a unique approach that is both qualitative and quantitative. This book will be of interest to students, practitioners, and scholars of development studies, public policy and African economics.

✦ Table of Contents

Front Matter ....Pages i-xviii
Introduction (Simplice Asongu)....Pages 1-9
Front Matter ....Pages 11-11
Financing Mechanisms African Governments Should Pursue in Financing Sustainable Development in the Next 20 Years (Nomahlubi Nkume)....Pages 13-37
Financial Inclusion and Foreign Market Participation of Firms: A Quasi-experiment from Nigeria (Uchenna R. Efobi, Emmanuel Orkoh, Scholastica Atata)....Pages 39-61
Business Regulations and Foreign Direct Investment in Sub-Saharan Africa: Implications for Regulatory Reform (Ben Katoka, Huck-ju Kwon)....Pages 63-91
Broadening Financial Intermediation in Sub-Saharan Africa (Murat A. Yülek, Vivien Yeda)....Pages 93-119
Institutions, Fiscal Performance, and Development Trajectories in ECOWAS: Implications for Sustainability (Ibukun Beecroft, Evans Osabuohien, Isaiah Olurinola)....Pages 121-141
Front Matter ....Pages 143-143
Capital Flows and Economic Growth: Does the Role of State Fragility Really Matter for Sustainability? (Temitope Joseph Laniran)....Pages 145-173
Changing Patterns of the Official Development Assistance to Sub-Saharan Africa (Emmanuel Maliti)....Pages 175-195
Financing Sustainable Energy Access with Oil Revenues in Sub-Saharan Africa: Trends and Strategies (Ishmael Ackah)....Pages 197-229
Maximizing the Gains from Natural Resources (Seedwell Hove, Gladys Gamariel)....Pages 231-266
Front Matter ....Pages 267-267
Does the Implementation of Social Safety Net Intervention Affect Indigenous Social Capital Systems for Coping with Livelihood Shocks? Ethnographic Evidence of Agro-pastoral Communities in Eastern Ethiopia (Getachew Shambel Endris, Paul Kibwika, Bernard B. Obaa, Jemal Yousuf Hassan)....Pages 269-316
Issues in Sustainable Development: The Environment–Income Relationship (Oluwabunmi O. Adejumo)....Pages 317-338
Microcredit, Child Education, and Health Outcomes: A Case Study from Ghana (James Atta Peprah)....Pages 339-365
Front Matter ....Pages 367-367
Financial Inclusion and Growth of Non-farm Enterprises in Ghana (Isaac Koomson, Muazu Ibrahim)....Pages 369-396
The Role of Cooperative Organizations in Tanzania’s Industrialization (Mangasini Katundu)....Pages 397-420
Textile and Clothing Sector, and the Industrialization of Sub-Saharan Africa (Murat A. Yülek, Mete Han Yağmur)....Pages 421-450
Back Matter ....Pages 451-454

✦ Subjects

Finance; Development Finance; International Finance