Economic Recovery in Africa: The Paradox of Financial Flows (Hardcover) (ISBN-13: 9780333801550)

African countries have experienced modest economic recovery during the 1990s. But these countries are caught in a vicious circle in which the existing economic structure cannot generate enough savings and export earnings needed to finance their development and mount a sustained assault on widespread poverty. Yet foreign aid has been cut back sharply and the continent receives only a trickle of foreign investment flows. New policy regimes are now in place, creating the right environment for external financing to make a major difference. Development finance is one of the foremost challenges facing African countries and the international community in the new century.

Author: V. Makhan
ISBN-10: 0333801555
ISBN-13: 9780333801550
Publisher: Palgrave MacMillan
Language: English
Published: 05/17/2002
Pages: 261
Format: Hardcover
Weight: 1.19lbs
Size: 8.84h x 5.58w x 0.88d

Review Citation(s):
Choice 02/01/2003 pg. 1031