scholarly journals African Economic Development

2020 ◽  
Author(s):  
Christopher Cramer ◽  
John Sender ◽  
Arkebe Oqubay
Keyword(s):  
Economic Development ◽  
Economic Performance ◽  
School Dropout ◽  
Linear Process ◽  
Close Attention ◽  
African Countries ◽  
Starting Point ◽  
Wide Range ◽  
The World ◽  
Research And Policy

This book challenges conventional wisdoms both about economic performance and about policies for economic development in African countries. Its starting point is the striking variation in economic performance: unevenness and inequalities form a central fact. The authors highlight not only differences between African countries but also variations within countries, differences often organized around distinctions of gender, class, and ethnic identity. For example, school dropout and neonatal mortality have been reduced, particularly for some classes of women in some areas. Horticultural and agribusiness exports have grown far more rapidly in some countries than others. These variations (and many others) point to opportunities for changing performance, reducing inequalities, learning from other African policy experiences, and escaping the ties of structure and legacies of a colonial past. The book rejects teleological illusions and Eurocentric prejudice, but does pay close attention to the results of policy in more industrialized parts of the world. Seeing the contradictions of capitalism for what they are—fundamental and enduring—may help policy officials protect themselves against the misleading idea that development is likely to be a smooth, linear process, or that it would be were certain impediments removed. The authors criticize a wide range of orthodox and heterodox economists, especially for their cavalier attitude to statistical sources. Drawing on decades of research and policy experience, they combine careful use of available evidence from a range of African countries with heterodox political economy insights (mainly derived from Kalecki, Kaldor, and Hirschman) to make the policy case for specific types of public sector investment.

scholarly journals GDP Structure and Economic Performance in Sub-Saharan Countries

2014 ◽  
Vol 62 (4) ◽  
pp. 729-747
Author(s):  
Luboš Smutka ◽  
Karel Tomšík
Keyword(s):  
Economic Development ◽  
Civil Wars ◽  
Economic Performance ◽  
Point Of View ◽  
Living Standards ◽  
African Countries ◽  
Services Sector ◽  
The World ◽  
Sub Saharan ◽  
High Level

Africa belongs to important regions of the world economy with specific problems distinguishing this part of the world from other regions. The region is suffering because of limited economy structure and high level of poverty. Low economic performance ranks most of African countries among the worldwide poorest ones (both from the point of view of total economy performance and also individuals living standards); the development is hindered by political instability and also by other accompanied problems as high level of corruption, deficit of democracy, low level of education, limited investments, criminality, local conflicts, civil wars etc. On the other hand, African natural, economy and social resources and unexploited opportunities in many areas offer a potential for a considerable economic development. Understanding the current economic position of African states thus may reveal causes of problematic development and outline ways to overcome existing shortcomings. The aim of the paper is to analyze main changes in area of GDP structure formation (agricultural, industrial and services sector share in GDP and value performance) which have occurred in selected African (Sub-Saharan) countries. Changes are analyzed both in relation to the total GDP and GDP per capita. The authors identify main trends of economic development in the Sub-Saharan region and to specify differences among Sub-Saharan countries with the intention to identify particular groups of African countries according to their economic structure and to identify differences in their GDP formation.

Between Modernization and Stagnation: Economic Policy in 2012

2013 ◽  
pp. 4-23 ◽  
Author(s):  
V. Mau
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Russian Economic Development ◽  
Structural Transformation ◽  
Economic Performance ◽  
Historical Analysis ◽  
Oil Boom ◽  
The World

The paper deals with the trends in the world and Russian economies towards development of a new post-crisis system, including technological and structural transformation. Three main scenarios of Russian economic development (conservative, innovation and acceleration) are discussed basing on historical analysis of Russian economic performance since 1970-s when oil boom started. On this basis key challenges of economic policy in 2013 are discussed.

The Role of Technology to Achieve Sustainable Economic Development in Africa

2016 ◽  
Vol 4 (2) ◽  
pp. 30-41
Author(s):  
Sally M. Farid
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
African Countries ◽  
Potential Growth ◽  
Annual Series ◽  
Development Indicators ◽  
Telecommunications Infrastructure ◽  
Sustainable Economic Development ◽  
The World

Objective - The purpose of this paper is to study how the technological innovation can achieve and promote sustainable development particularly in Africa. It considers forms of innovation technology that could enhance sustainable development. Methodology/Technique - The data used in this paper includes 54 African countries and the study period is from 2000 to 2014, using data on IT that measures the stock of telecommunications infrastructure as telecommunications investment. The GDP series represents annual real GDP in the prices of 2000. Annual series for IT and GDP were collected from the World Development Indicators of the World Bank database in 2015. Findings - The paper presents the concept and strategies of Sustainable Economic Development, discusses existing technologies in sustainable development, shows the role of technology in sustainable development, and presents the information and communication technology to promote economic development in Africa and the obstacles to set up policies for innovation technology in Africa. Novelty - The results have major implications. Firstly, the access to telecommunications services contributes towards economic growth. Secondly, an appropriate regulatory environment is necessary to realize the potential growth in telecommunications demand generated by increased income. Type of Paper - Empirical Keywords: Technology; Sustainable Economic Development; ICT in Africa.

Economic African Development in the Context of FinTech

2020 ◽  
pp. 273-289
Author(s):  
Youssra Ben Romdhane ◽  
Sahar Loukil ◽  
Souhaila Kammoun
Keyword(s):  
Economic Growth ◽  
World Bank ◽  
Least Square ◽  
National Accounts ◽  
African Countries ◽  
The World Bank ◽  
Digital Infrastructure ◽  
Wide Range ◽  
The World ◽  
Data Files

The purpose of this chapter is to analyze the effect of FinTech and political incertitude on economic growth through a multiple regression. Thus, the authors employ the method of generalized least square (GLS) with panel data. The sample concerns 21 African countries during (2001-2014-2017). The authors use a wide range of measures from Global Findex Database 2017, the World Bank platform, the World Bank national accounts data, and the OECD National Accounts data files base in the context of Africa. Empirical results show that FinTech is a driver of economic growth unless it is actively used in a developed digital infrastructure. In fact, the authors prove that, when financial technologies are used in both transactions (receive and made digital payment), they significantly contribute to the economic cycle. Passive use like simple consumption actions are not a significant lever for the economy. The principal contribution is to highlight that the active use of financial innovations and not passive one and the developed digital infrastructure do promote economic growth in African countries.

scholarly journals Food and Nutrition Policies of African Countries

2021 ◽  
Vol 2 (4) ◽  
pp. 1-8
Author(s):  
Thimba Lurch ◽  
Thabanu Rhushine ◽  
Nyoki Shimpiwe
Keyword(s):  
Food Security ◽  
Agricultural Sector ◽  
Food Prices ◽  
Small Farmers ◽  
Food Crisis ◽  
African Countries ◽  
Nutrition Policies ◽  
Food And Nutrition ◽  
The World ◽  
Research And Policy

The food crisis that is currently being faced by the world is very vulnerable to the survival of mankind. A food crisis usually begins with a shock to either supply or demand for food and often involves a sudden spike in food prices. Food security is a flexible concept that is reflected in many attempts at every definition used in research and policy. Empowerment of farmers in the African agricultural sector is the key to realizing African food security. The strategy of privatizing agricultural inputs by prohibiting the circulation of traditional seeds indirectly forces small farmers to buy private agricultural inputs

scholarly journals IMPACT OF AFRICAN FREE TRADE POLICY (AGREEMENT) ON THE SOCIO-ECONOMIC DEVELOPMENT OF NIGERIA

2021 ◽  
Vol 4 (4) ◽  
Author(s):  
Chika P. Imoagwu ◽  
Joan N. Ozoh ◽  
Chinwe M. Madueke ◽  
Chidinma C. Mbah
Keyword(s):  
Economic Development ◽  
Free Trade ◽  
Household Income ◽  
Access To Health Care ◽  
Free Trade Area ◽  
Growth Strategy ◽  
Poverty Level ◽  
African Countries ◽  
Trade Area ◽  
The World

The signing of the agreement that established the African Continental Free Trade Area (AfCFTA) in the year 2019 is believed to be an African-based growth strategy that is self-reliant and is expected to be the world’s largest free trade area after the World Trade Organization (WTO). The agreement is an attestation to the fact that African countries cannot continue to rely solely on the global trading system and global economy of the world economic powers, probably because they are increasingly becoming unpredictable. However, there is an assumption that the aggregate consumer and business spending on the continent could rise if AfCFTA is implemented successfully. This assumption therefore calls for a research like this to evaluate the likely economic impacts of the free trade agreement on different African countries particularly Nigeria which is the giant of Africa and the focus of this study. To achieve the objectives of the study, descriptive statistical approach was utilized to examine how the AfCFTA could contribute particularly on poverty reduction and Nigeria has been struggling for many decades to reduce poverty. These variables were considered: household income, illiteracy level, unemployment level and access to health care. The results of the analyses revealed that the AfCFTA could be slightly beneficial to Nigeria as it would improve the efficiency of the factors of production and product markets thereby enhancing household income generation, reducing the level of illiteracy, unemployment and increasing access to good health, efficient resource allocation and improved industry competitiveness which was expected to help Nigeria record significant reduction in poverty level and increase in economic development. In the light of these findings, the study recommends that government should then design proactive strategies that would reap the full benefits of AfCFTA such as engaging the private sector in identifying receptive and risk surrounding their sectors and paying more attention to the development of the service sector etc. The study has potential limitations such as unavailability of recent data. To tackle this limitation, the study adopted the 2019 survey data on pillars of measuring human development index by World Bank to address the quality of the findings, and research question. JEL: F10, H13, O10 <p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/edu_01/0779/a.php" alt="Hit counter" /></p>

Nongovernmental Organizations: Bread for the World, Inc.

2018 ◽  
Author(s):  
Erica Ashbaugh ◽  
Gary A. Goreham
Keyword(s):  
Foreign Aid ◽  
The United States ◽  
Coalition Building ◽  
African Countries ◽  
Assistance Program ◽  
Faith Based ◽  
Wide Range ◽  
The World ◽  
Food For Peace ◽  
Nutrition Assistance

Bread for the World, Inc. is a 501(c)4 faith-based organization whose purpose is to advocate policymakers to end hunger and poverty. The organization began in the early 1970s, founded by Arthur Simon, who became its first president. Simon’s 1975 book, Bread for the World, outlined the vision and scope of the organization, not as a service-delivery entity but as an education, coalition-building, and advocacy organization. David Beckmann, author of Exodus from Hunger: We Are Called to Change the Politics of Hunger, is the organization’s president as of 1991. The organization is supported by individuals, local congregations, denominations, and other organizations. Two related affiliates were created to assist in the hunger-ending goal. First, Bread for the World Institute, a 501(c)3 organization, conducts research on domestic and global hunger issues and disseminates reports to those advocating for hunger-ending policy with its Annual Hunger Report. Second, the Alliance to End Hunger, a 501(c)3 organization, brings together a wide range of both faith-based and secular organizations in the fight against hunger. Bread for the World has a noteworthy history of advocacy and collaboration. They actively advocated in 2000 for Jubilee 2000, a debt relief and forgiveness program for over 40 countries. They promoted the African Growth and Opportunity Act of 2000 to promote quality of life, human rights, and equitable trade relationships between the United States and African countries. Bread for the World advocated for the Food for Peace Acts and the 2016 Foreign Aid Transparency and Accountability Act to extend foreign aid more quickly and efficiently. They worked with legislators regarding the Head Start programs and the Supplemental Nutrition Assistance program. Bread for the World used a Feed Our Children letter-writing campaign for individuals to put pressure on legislators to place priority on children’s food programs. As winner of the World Food Prize in 2010, David Beckmann stated, “We must talk to real people in power, about concrete issues, and not about big dreams.” Bread for the World’s goal is the UN’s Sustainability Development Goal to eliminate hunger by 2030.

Africa—The Time of Choice

1969 ◽  
Vol 7 (1) ◽  
pp. 35-46
Author(s):  
V. C. Vigand
Keyword(s):  
Economic Development ◽  
Economic Systems ◽  
Private Ownership ◽  
African Countries ◽  
Political Independence ◽  
The World ◽  
Objective Fact ◽  
The Many ◽  
First Time ◽  
Means Of Production

The great achievements of the liberation movement in Africa in the late 1950s and early 1960s led to the winning of political independence by the majority of African countries. For the first time in their history they were able to determine for themselves their path to economic development. This happened at a period when the world was split into two socio-economic systems: socialism and capitalism. The broad distinction between them may be defined by the objective fact of the ownership of the means of production: a socialist society has decided to take in its hands all capital goods and to govern collectively the economic development of the country; a capitalist society still sticks to the principle of private ownership, thinking that individual interests may guarantee the prosperity of the whole society, but forgetting that only the socialisation of the means of production can stop the exploitation of the many by the few.

scholarly journals THE TRIUNITY OF LANGUAGES IN KAZAKHSTAN

2021 ◽  
Vol 6 (3(53)) ◽  
pp. 61-63
Author(s):  
J.E. Dyusenby ◽  
Meruert Ginayatovna Nazarova
Keyword(s):  
Economic Development ◽  
Language Policy ◽  
Social Economic ◽  
World Science ◽  
Close Attention ◽  
The People ◽  
The World ◽  
Socio Economic Development ◽  
The Republic ◽  
Day By Day

Today people all over the world live in a multilingual environment. Our country did not stay away from this global process. One of the priorities of the socio-economic development of the Republic of Kazakhstan is the possession of three languages ​​by the people of Kazakhstan. Since independence, we have focused on establishment of political, social, economic and cultural ties with many countries of the world. The importance of language for the effectiveness of these relations and the development of the unity of the country and people is growing day by day. Multilingualism is one of the most important needs of today, allowing the younger generation fly freely in the educational space, explore the secrets of world science and show your ability. Therefore, the role, prestige and scale of the three languages ​​in the implementation of the trilingual policy in the country require close attention. Otherwise, there may be confusion in the positioning of each language. This is confirmed by the fact that criticisms are already being introduced into the implementation of this language policy. Multilingualism has emerged in accordance with modern requirements for teaching and working in English.

scholarly journals DEA-Analysis Of The Effectiveness Of The Country’s Information Security System

2020 ◽  
Vol 4 (3) ◽  
pp. 142-153
Author(s):  
Hanna Yarovenko ◽  
Olha Kuzmenko ◽  
Mario Stumpo
Keyword(s):  
Information Technology ◽  
Economic Development ◽  
Information Security ◽  
Legal Regulation ◽  
Security System ◽  
Security Threat ◽  
Starting Point ◽  
The World ◽  
Socio Economic Development ◽  
Threat Index

The consequences of the fourth industrial revolution caused an increase in the level of computerization and digitalization of society, which led to problems related to the protection of information of individual users, companies and the state as a whole. The aim of this paper is to analyze the effectiveness of the information security system of countries in terms of its ability to counter information threats. Two groups of input indicators were used for this purpose. The first group was formed by 12 indicators of the country’s world development, which were selected from the World Bank database and based on the results of correlation analysis. The second group includes 5 information technology indicators that characterize certain areas of information security: information technology development, digitalization of the country, countries’ commitment to cybersecurity, readiness to counter cyber threats and use the latest information and communication technologies. The country’s information security threat index is used as a starting point. Data from 159 countries of the world for 2018 were taken for the analysis, as for this number of countries and period there is a complete set of data on selected indicators. Country data were considered based on clusters, which allowed the use of 7 groups. The analysis was performed using the analytical tool Frontier Analyst. The study built CRR and BCC models, among which CRR was preferred, which allowed a more critical assessment of the potential of countries. The paper analyzes the structural effectiveness of socio-economic development indicators and information security indicators of countries, considering the current level of the information security threat index. As a result, the following were identified: an increase in government security spending for zero-cluster countries; the need to transform the information technology component for the countries of the first and second clusters; increasing personal protection, strengthening corruption control and legal regulation for third cluster countries; the need for economic growth and higher social standards for the fourth, fifth and sixth clusters. The obtained models allowed us to estimate the maximum level of growth of the information security threat index with the available resource potential of the country. As a result, it was found that the largest increase in the information security threat index is possible due to the existing potential of the countries of the zero and fifth clusters, which will increase the effectiveness of their response to information threats. Keywords: BBC-model, CCR-model, Data Envelopment Analysis, socio-economic development, information, threat, security.

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