IDEAS home Printed from https://ideas.repec.org/a/afe/journl/v9y2007i1p105-134.html
   My bibliography  Save this article

An Analytical Framework for the New Partnership for Africa's Development (NEPAD)

Author

Listed:
  • Diery Seck

Abstract

The New Partnership for Africa's Development (NEPAD) is the brainchild of African Heads of State. It is the synthesis of a number of independently developed initiatives aimed at achieving the common goal of setting a course of action that will result in rapid growth and development for Africa. The main focus of NEPAD is to identify areas in which concerted efforts could help attain this objective. These priority areas can be arbitrarily grouped into two main categories: the sectoral priorities and the behavioural priorities. Priority sectors of NEPAD include Agriculture, Infrastructure, Education, Health, Environment, Energy and New technologies of information and communication. The present exercise seeks to propose a mathematical formulation of the goal of the NEPAD initiative and provide a solution to the optimization problem, making use of the tools of the modern theory of financial economics. The feasibility of the proposed solution is illustrated by a numerical example that attempts to demonstrate the simplicity and realism of the solution. The aim of the study is also to suggest an approach that is applicable to all African countries irrespective of their level of development or economic and political characteristics.

Suggested Citation

  • Diery Seck, 2007. "An Analytical Framework for the New Partnership for Africa's Development (NEPAD)," Journal of African Development, African Finance and Economic Association, vol. 9(1), pages 105-134.
  • Handle: RePEc:afe:journl:v:9:y:2007:i:1:p:105-134
    as

    Download full text from publisher

    File URL: http://www.jadafea.com/wp-content/uploads/2014/07/JAD_vol9_ch4.pdf
    Download Restriction: no

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:afe:journl:v:9:y:2007:i:1:p:105-134. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mwangi wa Githinji). General contact details of provider: http://edirc.repec.org/data/afeaaea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.