The Oxford Handbook of Africa and Economics Volume 2: Policies and Practices

by Monga, Celestin; Lin, Justin Yifu

• ISBN13: 9780191767005
• ISBN10: 019176700X
• Format: eBook
• Copyright: 2015-09-10
• Publisher: Oxford University Press

Author Biography

Celestin Monga is Chief Economist and Vice President of Economic Governance and Knowledge Management at the African Development Bank (AfDB), and Managing Director at the United Nations Industrial Development Organization (UNIDO). He previously worked as Senior Advisor for Structural Transformation at the World Bank and has held various board and senior positions in academia and financial services, including as a pro bono member of the advisory boards at the MIT's Sloan School of Management, the Quantam Global Group, and the Official Monetary and Fianancial Institutions Forum (OMFIF). Dr Monga was the Economics editor for the 5-volume New Encyclopedia of Africa (Charles Scribner's, 2007). His published works have been translated into multiple languages.


Justin Yifu Lin is Councillor of the State Council and Professor and Honorary Dean of the National School of Development at Peking University. He was the Senior Vice President and Chief Economist of the World Bank, 2008-2012. Prior to this, Professor Lin served for 15 years as Founding Director and Professor of the China Centre for Economic Research (CCER) at Peking University. He is a member of the Standing Committee, Chinese People's Political Consultation Conference, and Vice Chairman of the All-China Federation of Industry and Commerce. He is a Corresponding Fellow of the British Academy and a Fellow of the Academy of Sciences for Developing World.

Table of Contents

Introduction: Africa's Evolving Policy Frameworks, Celestin Monga and Justin Yifu Lin
Part I: The Macroeconomics of Growth and Structural Transformation
1. African Growth Strategies: The Past, Present and Future, Augustin Kwasi Fosu and Eric Kehinde Ogunleye
2. Africa's Quiet Revolution, Margaret McMillan and Kenneth Harttgen
3. Monetary Policy Issues in Sub-Saharan Africa, Andrew Berg, Stephen O'Connell, Catherine Pattillo, Rafael Portillo, and D. Filiz Unsal
4. The Future of African Monetary Geography, Paul Masson, Xavier Debrun, and Catherine Pattillo
5. The CFA Franc: A Biography, Jean-Claude Tchatchouang
6. Challenges of Central Banking in Africa, Benno Ndulu and Joseph Leina Masawe
7. Fiscal Policy in Africa, Willi Leibfritz
8. African Debt and Debt Relief, Marcelo Giugale and Mark Roland Thomas
9. Savings, Capital Flight, and African Development, Leonce Ndikumana
10. Regional Integration in Africa, Jaime de Melo and Yvonne Tsikata
11. Natural Resources: Utilizing the Precious Boon, Ibrahim Elbadawi and Nadir Mohammed
12. Rediscovering Structural Change: Manufacturing, Natural Resources and Industrialization, John Page
13. Innovation Capabilities for Sustainable Development in Africa, Keun Lee and Calestous Juma
Part II: Microeconomic and Sectoral Issues
14. Land Tenure and Agricultural Intensification in Sub-Saharan Africa, Keijiro Otsuka and Frank Place
15. Agriculture, Growth, and Development in Africa: Theory and Practice, Ousmane Badiane and Tsitsi Makombe
16. Capacity Development for Transformation, Frannie A. Leautier
17. Gold Mining and Economic and Social Change in West Africa, Michael Kevane
18. The Economic Impacts of New Technologies in Africa, Jenny Aker and Joshua Blumenstock
19. Infrastructure in Africa, Jean-Jacques Dethier
20. Financial Inclusion in Africa : Obstacles and Opportunities, Asli Demirguc-Kunt, Leora Klapper, and Peter Van Oudheusden
21. Financial Markets Development in Africa, Kalu Ojah and Odongo Kodongo
22. Islamic Finance in North Africa, Wafik Grais
23. Regulatory Reform for Closing Africa's Competitiveness Gap, Ioannis Kessides
Part III: Institutional and Social Economics
24. School Enrolment, Attainment, and Returns to Education in Africa, Ruth Uwaifo Oyelere
25. Mobility, Human Capital, Remittances, and Economic Transformation, Yaw Nyarko
26. Health, Growth, and Development in Africa, Germano Mwabu
27. The Economics of Malaria, Jean-Claude Berthelemy and Josselin Thuilliez
28. An Empirical Analysis of the Economics of Marriage in Egypt, Morocco, and Tunisia, Ragui Assaad, and Caroline Krafft
29. Economics, Women, and Gender: The African Story, Sophie Bessis
30. Gender, Economic Growth, and Development in Sub-Saharan Africa, Stephanie Seguino and Maureen Were
31. Gender Economics in North Africa, Mina Baliamoune
32. The Economics of the African Media, Julia Cage
Part IV: Old and New Development Players
33. What Do Development NGOs Achieve?, Chris Elbers and Jan Willem Gunning
34. Trade Unions in South Africa, Haroon Bhorat, Karmen Naidoo, and Derek Yu
35. African Development Banks: Lessons for Development Economics, Ernest Aryeetey
36. The Political Economy of Aid in North Africa, Hamed El-Said
37. Aid to Africa: The Changing Context, Finn Tarp, Tony Addison, and Saurabh Singhal
38. Remittances to Africa and Economics, Christian Nsiah-Baldwin Wallace University and Bichaka Fayisssa
39. Foreign Direct Investment in Africa: Lessons for Economics, John Anyanwu
40. International Capital Flows to Africa, Mwanza Nkusu and Malokele Nanivazo
41. The Three Phases/Faces of China in Independent Africa, Emmanuel Akyeampong and Liang Xu
42. Aid to Africa: merging Trends and Issues, Peter Quartey and Gloria Afful-Mensah
43. China-Africa Cooperation in Structural Transformation, Justin Yifu Lin and Yan Wang
Part V: Looking Forward
44. China's Rise and Structural Transformation in Africa: Ideas and Opportunities, Justin Yifu Lin
45. Economics and Policy: Some Lessons from Africa's Experience, Akbar Noman and Joseph Stiglitz
46. The Prospects for an Imminent Demographic Dividend in Africa: The Case for Cautious Optimism, Kaushik Basu and Alaka Basu
47. Africa's Demographic Transition and Economic Prospects, Jeffrey Sachs