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 Fiscal Multipliers: Size, Determinants, and Use in Macroeconomic Projections by International Monetary Fund. External Relations Dept.
Cover of the book Corporate Debt Restructuring in East Asia-Some Lessons from International Experience by International Monetary Fund. External Relations Dept.
Cover of the book Interest Rate Liberalization and Money Market Development by International Monetary Fund. External Relations Dept.
Cover of the book Growth Experience in Transition Countries, 90-98 by International Monetary Fund. External Relations Dept.
Cover of the book IEO Report on Multilateral Surveillance by International Monetary Fund. External Relations Dept.
Cover of the book The Too-Important-to-Fail Conundrum: Impossible to Ignore and Difficult to Resolve by International Monetary Fund. External Relations Dept.
Cover of the book Banking Reform in the Lower Mekong Countries by International Monetary Fund. External Relations Dept.
Cover of the book Reforming Budget System Laws by International Monetary Fund. External Relations Dept.
Cover of the book Transition to Market: Studies in Fiscal Reform by International Monetary Fund. External Relations Dept.
Cover of the book The Future of the SDR in Light of Changes in the International Monetary System by International Monetary Fund. External Relations Dept.
Cover of the book Finance & Development, March 1998 by International Monetary Fund. External Relations Dept.
Cover of the book Finance & Development, September 2002 by International Monetary Fund. External Relations Dept.
Cover of the book Tackling Small and Medium Enterprise Problem Loans in Europe by International Monetary Fund. External Relations Dept.
Cover of the book Aging and Social Expenditure in the Major Industrial Countries, 1980-2025 by International Monetary Fund. External Relations Dept.
Cover of the book Finance and Development, September 2016 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