
Economic Recovery In Africa
Vijay S. Makhan · 2002
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"African countries experienced a modest economic recovery during the 1990s. But they were also caught in a vicious circle where the existing economic structures could not generate sufficient savings and export earnings to finance their development and thus mount a sustained assault on widespread poverty. Foreign aid has been cut back sharply and the continent receives only a trickle of foreign investment flows. But new policy regimes are now coming into place, and creating the appropriate 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."--BOOK JACKET.
Book details
- Year
- 2002
- Language
- English
- Publisher
- Palgrave Macmillan
- Editions
- 3
- Pages
- 256
- ISBN
- 9780333801550
Data source: Wikidata