Coverart for item
The Resource Finance and trade in Africa : macroeconomic response in the world economy context, Alemayehu Geda, (electronic book)

Finance and trade in Africa : macroeconomic response in the world economy context, Alemayehu Geda, (electronic book)

Label
Finance and trade in Africa : macroeconomic response in the world economy context
Title
Finance and trade in Africa
Title remainder
macroeconomic response in the world economy context
Statement of responsibility
Alemayehu Geda
Creator
Subject
Language
eng
Summary
  • 'In this book, Alemayehu Geda provides the basis for a textbook for advanced African students of economics that would take them beyond the one-country technical and dependency political perspectives...He builds a simulation model of the region, which is a tour de force, not only in technical terms, but also as an alternative interpretation of reality.' - Valpy FitzGerald, University of Oxford, QEH 'Finance and Trade in Africa is a milestone in the debate over that continent's underdevelopment, and what should be the strategy to overcome that underdevelopment. Perhaps nowhere else has the link between debilitating external factors and Africa's poverty been made so rigorously and clearly. This book offers a powerful challenge to he neoclassical orthodoxy'. - John Weeks, University of London, School of Oriental and African Studies 'While recognizing the importance of domestic factor in influencing the rather dismal economic performance of African countries generally, Alemayehu Geda emphasizes the role of external trade and finance in this record. Yes, governance must be improved, according to the popular paradigm of today; but no, let us not forget the importance of the international dimension either, thanks to Alemayehu Geda's excellent account.' - A.K. Fosu, Director of Research, African Economic Research Consortium, Nairobi 'Better understanding of globalization requires a rigorous analysis of world trade and financial linkages. It could be argued that Africa in many senses is a small player in global markets, yet it seems important enough to be considered a 'missing link' in the typical world economic models. This book makes up for that omission and, through highly realistic modelling; Alemayehu Geda reveals both the obvious relevance to the global economy to Africa's economic development and the less obvious relevance of Africa to the understanding of global economic interactions.' - Rob Vos, Institute of Social Studies, The Hague
  • What constraints do history and the global economy place upon Africa's economic development? To answer this question, Alemayehu Geda offers a new study of international finance and trade in Africa using a global macro model focused on the region. A unique study of the African continent, this book offers development economists and policymakers an innovative alternative to the IMF and World Bank's framework for national development strategy
Member of
Cataloging source
UK-WkNB
http://library.link/vocab/creatorName
Geda, Alemayehu
Index
no index present
Literary form
non fiction
Series statement
International finance and development series
http://library.link/vocab/subjectName
  • International finance
  • International finance
  • International trade
  • Economic policy
  • Africa
  • Africa
  • Africa
Summary expansion
What constraints do history and the global economy place upon Africa's economic development? To answer this question, Alemayehu Geda offers a new study of international finance and trade in Africa using a global macro model focused on the region. A unique study of the African continent, this book offers development economists and policymakers an innovative alternative to the IMF and World Bank's framework for national development strategy
Label
Finance and trade in Africa : macroeconomic response in the world economy context, Alemayehu Geda, (electronic book)
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Contents
1. Introduction. Background to African Debt and Macro Policy Debates. The Historical Origin of Africa's Economic Linkage with the North -- 2. Trade, Finance and Development in a Global Context. Finance Theories, North-South Modelling and the African Context. International Trade Theories and their Relevance in Modelling Africa -- 3. The Macroeconomics of Africa: Import Compression and External Finance. A Cursory Look at Some Macro Models of Africa. Some Basic Issues in African Macroeconomics -- 4. Determinants of Foreign Exchange Supply. Determinants of Financial Flows to Africa: Econometric Results. Determinants of African Export Supply. African Exports in a Global Context -- 5. External Finance and the African Economy: A Macro Approach. The Fiscal Response to External Finance. Aid and the 'Dutch Disease' in Africa. Private Investment and Import Compression: Econometric Results -- 6. Modelling Africa Within a Global Economic Framework. Basic Theoretical Models. Standard North-South Linkages. Summing Up. Africa within a North-South Framework: A Neostructuralist Global Econometric Model (AFRIMOD) -- 7. The Effect on Africa of External Shocks Generated in Developed Countries. World Accounting Matrices (WAM) as Database for AFRIMOD. Model Solution Algorithm and Stability Conditions. Analysis of External Shocks and Policy Simulations Using AFRIMOD -- 8. Concluding Remarks
Control code
9780230502543
Extent
1 online resource (xv, 427 p.)
Form of item
electronic
Governing access note
Users can print and/or download individual articles/chapters and other individual items from Palgrave Connect ebooks, limited to no more than one chapter per title per authorised user
Isbn
9780230502543
Other physical details
ill.
Specific material designation
unspecified
Type of computer file
PDF.
Label
Finance and trade in Africa : macroeconomic response in the world economy context, Alemayehu Geda, (electronic book)
Publication
Bibliography note
Includes bibliographical references and index
Contents
1. Introduction. Background to African Debt and Macro Policy Debates. The Historical Origin of Africa's Economic Linkage with the North -- 2. Trade, Finance and Development in a Global Context. Finance Theories, North-South Modelling and the African Context. International Trade Theories and their Relevance in Modelling Africa -- 3. The Macroeconomics of Africa: Import Compression and External Finance. A Cursory Look at Some Macro Models of Africa. Some Basic Issues in African Macroeconomics -- 4. Determinants of Foreign Exchange Supply. Determinants of Financial Flows to Africa: Econometric Results. Determinants of African Export Supply. African Exports in a Global Context -- 5. External Finance and the African Economy: A Macro Approach. The Fiscal Response to External Finance. Aid and the 'Dutch Disease' in Africa. Private Investment and Import Compression: Econometric Results -- 6. Modelling Africa Within a Global Economic Framework. Basic Theoretical Models. Standard North-South Linkages. Summing Up. Africa within a North-South Framework: A Neostructuralist Global Econometric Model (AFRIMOD) -- 7. The Effect on Africa of External Shocks Generated in Developed Countries. World Accounting Matrices (WAM) as Database for AFRIMOD. Model Solution Algorithm and Stability Conditions. Analysis of External Shocks and Policy Simulations Using AFRIMOD -- 8. Concluding Remarks
Control code
9780230502543
Extent
1 online resource (xv, 427 p.)
Form of item
electronic
Governing access note
Users can print and/or download individual articles/chapters and other individual items from Palgrave Connect ebooks, limited to no more than one chapter per title per authorised user
Isbn
9780230502543
Other physical details
ill.
Specific material designation
unspecified
Type of computer file
PDF.

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