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Financing Development in Africa: Trends, Issues and Challenges

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Author Info
Osakwe, Patrick N.
Ben Hammouda, Hakim

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Abstract

Access to finance is critical to successful development in Africa. This paper presents recent trends in various aspects of development finance and provides a critical assessment of the costs of meeting the Millennium Development Goals in the region. It also examines recent proposals for financing the MDGs. Furthermore, it examines the key international commitments made to Africa as well as the extent to which donors have fulfilled these commitments. Finally, it examines issues and challenges arising from recent initiatives on aid and debt.

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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 1815.

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Date of creation: Dec 2006
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Handle: RePEc:pra:mprapa:1815

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Related research
Keywords: Development Finance MDGs Africa Trends

Find related papers by JEL classification:
O1 - Economic Development, Technological Change, and Growth - - Economic Development

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  1. Sanjeev Gupta & Catherine Pattillo & Smita Wagh, 2006. "Are Donor Countries Giving More or Less Aid?," Review of Development Economics, Blackwell Publishing, vol. 10(3), pages 535-552, 08. [Downloadable!] (restricted)
  2. Smita Wagh & Sanjeev Gupta & Catherine A. Pattillo, 2006. "Are Donor Countries Giving More or Less Aid?," IMF Working Papers 06/1, International Monetary Fund. [Downloadable!]
  3. François Bourguignon & Mark Sundberg, 2006. "Constraints to Achieving the MDGs with Scaled-Up Aid," Working Papers 15, United Nations, Department of Economics and Social Affairs. [Downloadable!]
  4. Osakwe, Patrick N., 2006. "Emerging Issues and Concerns of African Countries in the WTO Negotiations on Agriculture and the Doha Round," MPRA Paper 1850, University Library of Munich, Germany. [Downloadable!]
  5. William Easterly & Ross Levine & David Roodman, 2003. "New Data, New doubts: A Comment on Burnside and Dollar's "Aid, Policies, and Growth" (2000)," NBER Working Papers 9846, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  6. Lensink, Robert & Morrissey, Oliver, 1999. "Aid instability as a measure of uncertainty and the positive impact of aid on growth," CDS Research Reports 199906, University of Groningen, Centre for Development Studies (CDS). [Downloadable!]
  7. Steve Radelet, 2006. "A Primer on Foreign Aid," Working Papers 92, Center for Global Development. [Downloadable!]
  8. Catherine A. Pattillo & Hélène Poirson & Luca Antonio Ricci, 2002. "External Debt and Growth," IMF Working Papers 02/69, International Monetary Fund.
  9. Peter S. Heller, 2005. "Understanding Fiscal Space," IMF Policy Discussion Papers 05/4, International Monetary Fund. [Downloadable!]
  10. Paul Collier & Jan Willem Gunning, 1999. "Explaining African Economic Performance," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 64-111, March. [Downloadable!] (restricted)
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  11. Sanjay G. Reddy & Antoine Heuty, 2006. "Achieving the Millennium Development Goals: What’s wrong with existing analytical models?," Working Papers 30, United Nations, Department of Economics and Social Affairs. [Downloadable!]
  12. Devarajan, Shantayanan & Miller, Margaret J. & Swanson, Eric V., 2002. "Goals for development : history, prospects and costs," Policy Research Working Paper Series 2819, The World Bank. [Downloadable!]
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This page was last updated on 2008-11-17.


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