1st Edition

The African Economy Policy, Institutions and the Future

Edited By Steve Kayizzi-Mugerwa Copyright 1999

    This book offers an in-depth analysis of the current state of the African economy and makes constructive suggestions about its future direction. The contributors argue that despite enduring challenges such as food security and employment creation, Africa faces a brighter future in sustainable growth provided that governance and policy- making are effectively employed to maintain peace, achieve greater regional collaboration and encourage private sector competitiveness.

    Notes on Contributors Preface 1. Introduction Steve Kayizzi-Mugerwa Part I: Policy 2. Looking for African Tigers Arne Bigsten 3. Investment, Macroeconomic Policies and Growth Kupukile Mlambo and Temitope W. Oshikoya 4. Aid and Economic Reform Howard White 5. Aid-constrained Trade Reform in Kenya Jorgen Levin 6. Monetary Policy Effectiveness in Zambia Abraham Mwenda 7. Minimum Wages and Trade Regimes: CGE Results for Zimbabwe Ramos Mabugu and Margaret Chitiga Part II: Institutions 8. Financial Institutions and Mobilisation of Resources for Development Victor Murinde 9. Institutions and Rural Development in Uganda: Issues Arising John Ddumba-Ssentamu 10. Building African Institutions: Learning From South Asia Mariam S. Pal 11. Market Power and Productivity in Zimbabwean Manufacturing Kupukile Mlambo and Thomas Sterner 12. Regionalism in African Development Peter Kimuyu 13. Transforming Economic and Political Structures for Growth: The Zambian Experience Manenga Ndulo 14. The Other Africa: Economic Development in Lusophone Countries Renato Aguilar Part III: The Future 15. The New South Africa: Growth or Stagnation? Mats Lundahl 16. The Political Economy of the Horn of Africa Gote Hansson 17. Agriculture, Policy Impacts and the Road Ahead Wilfred Aboum-Lufumpa 19. Privatisation and Market Development Steve Kayizza-Mugerwa


    Steve Kayizzi-Mugerwa

    '...breadth of subject matter and diversity of styles of analysis...provides a useful compendium of how a more modest breed of economists are grappling with Africa's economic predicament.' - Modern African Studies