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

by Monga, Celestin; Lin, Justin Yifu

• ISBN13: 9780198819714
• ISBN10: 0198819714
• Edition: Reprint
• Format: Paperback
• Copyright: 2018-04-15
• 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 Filiz Unsal
4. The Future of African Monetary Geography, Paul R. Masson, Catherine Pattillo, and Xavier Debrun
5. The CFA Franc Zone: A Biography, Jean-Claude Tchatchouang
6. African Monetary Unions: An Obituary, Celestin Monga
7. Challenges of Central Banking in Africa, Benno Ndulu and Joseph Leina Masawe
8. Fiscal Policy in Africa, Willi Leibfritz
9. African Debt and Debt Relief, Mark R. Thomas and Marcelo M. Giugale
10. Savings, Capital Flight, and African Development, Leonce Ndikumana
11. Regional Integration in Africa: Challenges and Prospects, Jaime de Melo and Yvonne Tsikata
12. Natural Resources: Utilizing the Precious Boon, Ibrahim Ahmed Elbadawi and Nadir Abdellatif Mohammed
13. Rediscovering Structural Change: Manufacturing, Natural Resources and Industrialization, John Page
14. Innovation Capabilities for Sustainable Development in Africa, Keun Lee, Calestous Juma, and John Mathews
Part II: Microeconomic and Sectoral Issues
15. Land Tenure and Agricultural Intensification in Sub-Saharan Africa, Keijiro Otsuka and Frank Place
16. Agriculture, Growth, and Development in Africa: Theory and Practice, Ousmane Badiane and Tsitsi Makombe
17. Capacity Development for Transformation, Frannie A. Leautier
18. Gold Mining and Economic and Social Change in West Africa, Michael Kevane
19. The Economic Impacts of New Technologies in Africa, Jenny C. Aker and Joshua E. Blumenstock
20. Infrastructure in Africa, Jean-Jacques Dethier
21. Financial Inclusion in Africa : Obstacles and Opportunities, Asli Demirguc-Kunt, Leora Klapper, and Peter van Oudheusden
22. Financial Markets Development in Africa: Reflections and the Way Forward, Kalu Ojah and Odongo Kodongo
23. Islamic Finance in North Africa, Wafik Grais
24. Regulatory Reform for Closing Africa's Competitiveness Gap, Ioannis N. Kessides
Part III: Institutional/Social Economics
25. School Enrollment, Attainment, and Returns to Education in Africa, Ruth Uwaifo Oyelere
26. Mobility, Human Capital, Remittances, and Economic Transformation, Yaw Nyarko
27. Health, Growth, and Development in Africa, Germano Mwabu
28. The Economics of Malaria in Africa, Jean-Claude Berthelemy and Josselin Thuilliez
29. An Empirical Analysis of the Economics of Marriage in Egypt, Morocco, and Tunisia, Ragui Assaad and Caroline Krafft
30. Economics, Women, and Gender: The African Story, Sophie Bessis
31. Gender, Economic Growth, and Development in Sub-Saharan Africa, Stephanie Seguino and Maureen Were
32. Gender Economics in North Africa, Mina Baliamoune-Lutz
33. The Economics of the African Media, Julia Cage
Part IV: Old and New Development Players
34. What Do Development NGOs Achieve?, Chris Elbers and Jan Willem Gunning
35. Trade Unions in South Africa, Haroon Bhorat, Karmen Naidoo, and Derek Yu
36. African Development Banks: Lessons for Development Economics, Ernest Aryeetey
37. The Political Economy of Aid in North Africa, Hamed El-Said
38. Aid to Africa: The Changing Context, Tony Addison, Saurabh Singhal, and Finn Tarp
39. Remittances to Africa and Economics, Christian Nsiah and Bichaka Fayisssa
40. Foreign Direct Investment in Africa: Lessons for Economics, John C. Anyanwu
41. International Capital Flows to Africa, Mwanza Nkusu and Malokele Nanivazo
42. The Three Phases/Faces of China in Independent Africa: Reconceptualizing China-Africa Engagement, Emmanuel Akyeampong and Liang Xu
43. Aid to Africa: Emerging Trends and Issues, Peter Quartey and Gloria Afful-Mensah
44. China-Africa Cooperation in Structural Transformation: Ideas, Opportunities, and Finances, Justin Yifu Lin and Yan Wang
Part V: Looking Forward
45. China's Rise and Structural Transformation in Africa: Ideas and Opportunities, Justin Yifu Lin
46. Economics and Policy: Some Lessons from Africa's Experience, Akbar Noman and Joseph Stiglitz
47. The Prospects for an Imminent Demographic Dividend in Africa: The Case for Cautious Optimism, Alaka M. Basu Kaushik Basu
48. Africa's Demographic Transition and Economic Prospects, Jeffrey D. Sachs