Titlebook: Economic Recovery in Africa; The Paradox of Finan Vijay S. Makhan Book 2002 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Conclusion,gs. It is important to note that relative political stability, and reforms in governance and economic policy in most of Africa’s 54 countries also provided an appropriate environment for economic recovery and its sustenance.

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https://doi.org/10.1007/978-3-7091-9019-70 per cent of all resource flows into Africa and 9 to 11 per cent of the region’s entire GDP. This is a far higher proportion than in Latin America (0.5 per cent) and Asia (1 per cent). For the 33 least developed countries in Africa in 1995, ODF accounted for over a fifth of national income.

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The Paradox of Financial Flows,0 per cent of all resource flows into Africa and 9 to 11 per cent of the region’s entire GDP. This is a far higher proportion than in Latin America (0.5 per cent) and Asia (1 per cent). For the 33 least developed countries in Africa in 1995, ODF accounted for over a fifth of national income.

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New Priorities for Foreign Aid,y prices in 1996–7. Strong investment performance, diversification and build-up of productive capacity have not driven the recovery. To this extent, the sustainability of the recovery in the face of Africa’s deep-rooted economic difficulties, population and related pressures is in doubt.

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Introduction,ontinuously dismal economic performance. Several sources of data, notably the UN Economic Commission for Africa (UNECA), the African Development Bank (ADB), the UN Conference on Trade and Development (UNCTAD) and the World Bank show that there was a significant improvement in real gross domestic pro

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,A Survey of Africa’s Economic Performance in the Post-Independence Period,sider the recovery of the second half of the decade in proper perspective. The underlying issues and factors will be examined against the background of the region’s economic performance during the earlier decades of the 1960s, 1970s and 1980s. In particular, the need for realism concerning African g

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The Paradox of Financial Flows,gely due to such factors as falling export receipts, a weak capacity to generate internal savings, a major problem of debt overhang, and a relatively high susceptibility to capital flight. This aid is mainly from the Organization for Economic Cooperation and Development (OECD) governments and includ

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