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Macroeconomic Policy Framework for Africa's Structural Transformation

✍ Scribed by Elhiraika, Adam; Hamdok, Abdalla; Lopes, Carlos


Year
2017
Tongue
English
Leaves
302
Category
Library

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✦ Synopsis


This book identifies the key sources of growth that have played a significant role in Africa's recent robust growth as well as its efforts towards economic transformation. The chapters assess to what extent the existing macroeconomic frameworks among African countries have been streamlined to the countries' development priorities in order to achieve long-term growth and economic transformation. Taking into account Read more...


Abstract: This book identifies the key sources of growth that have played a significant role in Africa's recent robust growth as well as its efforts towards economic transformation. The chapters assess to what extent the existing macroeconomic frameworks among African countries have been streamlined to the countries' development priorities in order to achieve long-term growth and economic transformation. Taking into account the diversity of African countries, the authors establish the economic linkages between relevant macroeconomic policy variables and the key sources of growth and development among the selected African economies, based on both theoretical and empirical underpinnings. Following this, the authors suggest an outline of a macroeconomic framework for Africa's long-term growth and economic transformation

✦ Table of Contents


Front Matter ....Pages i-xxi
An Overview of Structural Transformation and Macroeconomic Policy Imperatives in Africa (Carlos Lopes, Abdalla Hamdok, Adam Elhiraika)....Pages 1-35
Africa’s Development Trajectory: Past, Present, and Future Directions (Fantu Cheru)....Pages 37-62
Pattern and Determinants of Structural Transformation in Africa (Raghbendra Jha, Sadia Afrin)....Pages 63-95
Fiscal Policy, Long-Term Growth and Structural Transformation in Africa (George Kararach, Abbi M. Kedir, Eunice Ajambo, Heini Suominen)....Pages 97-143
Monetary and Other Financial Policies for Africa’s Structural Transformation (Hopestone Kayiska Chavula, Mamo Girma Tefera, Abbi M. Kedir, Yesuf M. Awel)....Pages 145-216
Selected Sectoral Policies and Structural Transformation in Africa (Souleymane Abdallah, Medhat El-Helepi, Victor Konde, Ottavia Pesce)....Pages 217-262
Macroeconomic Policy and Pathways to Structural Transformation of African Economics (Carlos Lopes, Abdalla Hamdok, Adam Elhiraika)....Pages 263-280
Back Matter ....Pages 281-286

✦ Subjects


Macroeconomics;Development economics;Economic history


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