scholarly journals The effect of illicit financial flows on time to reach the fourth Millennium Development Goal in Sub-Saharan Africa: a quantitative analysis

2013 ◽  
Vol 107 (4) ◽  
pp. 148-156 ◽  
Author(s):  
Bernadette O'Hare ◽  
Innocent Makuta ◽  
Naor Bar-Zeev ◽  
Levison Chiwaula ◽  
Alex Cobham

Subject Illicit flows from sub-Saharan Africa. Significance Illicit financial flows (IFFs) from sub-Saharan Africa (SSA) are estimated to be worth up to 50 billion annually, according to a recent UN report. The transfer of illicit flows through international financial systems has created opportunities for governments in European destination countries to recover plundered funds and prosecute those involved. These efforts set new legal precedents, but the rulings will be difficult to implement where governments are worried about the effect on investor sentiment. Impacts New and important African trading partners, from China to Dubai, will create new networks of illicit financial flows. Questions of financial transparency will arise, though irrespective of where the 'destination' negotiating partner is from. China's extra-territorial anti-bribery legislation shows efforts to comply with 'responsible' business, but so far lacks implementation.


Author(s):  
James Sumberg ◽  
Carolina Szyp ◽  
Thomas Yeboah ◽  
Marjoke Oosterom ◽  
Barbara Crossouard ◽  
...  

Abstract The research presented in this book uses qualitative and quantitative analysis to address the dominant narratives and 'conventional wisdom' about youth and the rural economy in sub-Saharan Africa. This final chapter synthesizes the empirical findings described in the previous chapters and sets out their discursive and practical implications for policy relating to youth, agricultural and rural development.


2010 ◽  
Vol 21 (1) ◽  
pp. e64-e69 ◽  
Author(s):  
André R Maddison ◽  
Walter F Schlech

The United Nations millennium development goal of providing universal access to antiretroviral therapy (ART) for patients living with HIV/AIDS by 2010 is unachievable. Currently, four million people are receiving ART, of an estimated 13.7 million who need it. A major challenge to achieving this goal is the shortage of health care workers in low-income and low-resource areas of the world. Sub-Saharan African countries have 68% of the world’s burden of illness from AIDS, yet have only 3% of health care workers worldwide. The shortage of health care providers is primarily caused by a national and international ‘brain drain,’ poor distribution of health care workers within countries, and health care worker burnout.Even though the millennium development goal to provide universal access to ART will not be met by 2010, it is imperative to continue to build on the momentum created by these humanitarian goals. The present literature review was written with the purpose of attracting research and policy attention toward evidence from small-scale projects in sub-Saharan Africa, which have been successful at increasing access to ART. Specifically, a primary-care model of ART delivery, which focuses on decentralization of services, task shifting and community involvement will be discussed. To improve the health care worker shortage in sub-Saharan Africa, the conventional model of health care delivery must be replaced with an innovative model that utilizes doctors, nurses and community members more effectively.


Author(s):  
Conor M. O’Toole

AbstractThis paper considers the effect of financial liberalisation on access to investment finance using firm level data covering 48 developing and transition countries. An index is presented which measures financial market liberalisation along the following policy dimensions: directed lending, credit controls and reserve requirements, state control of banking, openness of international financial flows, banking market entry, prudential regulation and supervision and securities market development. Categorising firms as financially constrained across four measures, the results indicate that financial liberalisation is robustly associated with a reduction in the probability of being credit constrained, with the effect strongest for young, domestic private small and medium sized enterprises. For Sub-Saharan Africa, the results indicate that financial liberalisation actually increases financing constraints for firms. This may help explain the stylised fact that despite a commitment to financial reform, the predicted growth benefits have not been realised in this region.


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