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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.
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Yes, you can access Economic Recovery in Africa by V. Makhan in PDF and/or ePUB format, as well as other popular books in Economics & Development Economics. We have over one million books available in our catalogue for you to explore.
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Table of contents
- Cover
- Economic Recovery in Africa
- Contents
- List of Tables and Figures
- List of Abbreviations
- List of Appendices
- Preface
- Acknowledgements
- Introduction
- 1 A Survey of Africaâs Economic Performance in the Post-Independence Period
- 2 The Paradox of Financial Flows
- 3 New Priorities for Foreign Aid
- 4 New Perspectives on Aid Delivery and Development Management
- 5 Conclusion
- Appendices
- Notes and References
- Index