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Content Tagged with africa + economics

[from amaah] Regional Economic Outlook: Sub-Saharan Africa, October 2008

the IMF's view of the prospects for the region: Growth in the region is projected to dip to 6 percent in 2008 and 2009. The fall is due mainly to the global food and fuel price shock, which has weighed particularly on growth in oil-importing countries, and to the global financial market turmoil, which has slowed global growth and demand for Africa's exports.

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[from amaah] From Boom to Bust in Nigeria

short piece about the effects of insecurity in Port Harcourt and the rest of the Niger delta region... the militarization is worrying

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[from amaah] In Kenya, Some Fear That Fissures Remain

I'm most curious about the displaced people nine months on; the politics that most seem to focus on will matter little if the wounds, social, physical and economic are not addressed... revisit for piece on internally displaced

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[from amaah] In Africa, a New Middle-Income Consumerism

on the Ugandan middle-class as exemplars of newfound upward mobility and pressure groups for social change... true, things are moving but more evidence is required, we're not over the hump yet... via Sean Jacobs

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[from amaah] Angola's Political and Economic Development

Strictly by the numbers... growing at 16 percent annually, now the largest oil producer, high inequality, large foreign investment (China, US) but skewed towards oil and energy.. very little trickle down to assuage civil war wounds. very young population

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[from amaah] Susu collectors call for formal recognition

informal sector actors and their intersection with banking... Note that "they had put in place software to monitor members so that the public would continue to trust their operations" - also note competition with communication centres and barbers' saloon

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[from amaah] 'At least these mosquitoes don't give you malaria'

on immigrants from French-speaking African countries, who live in Montreal but come to cut brush in northern Quebec's boreal forest in the summer.

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[from amaah] Hey, Here's a Tip: Try Africa.

what happens when the conventional wisdom (aka the Washington Post's view) is to invest in Africa? Big Capital always seeks new frontiers, pity though, the Chinese have a head start

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[from amaah] Microfinance Gateway: Highlight on Savings: Good for Clients, Good for Business?

In many developing countries, poor people are willing to pay to save. Roving deposit collectors in many African countries, for example, charge a fee—typically 6 percent of the average monthly balance—to relieve clients of extra cash. Susu

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[from amaah] Food crisis may be a boon for small farmers in Africa

international donors, the World Bank and most African governments for decades have largely ignored the needs of farmers, despite the fact that agriculture is the continent's largest economic sector and biggest employer. Not Ghana though!

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[from amaah] Food, fuel shock can "wreck the exchequer" in Africa

the usual handwringing about rising energy and food prices and the demand for subsidies. There is an obvious effect on growth rates but in Africa at least, where energy consumption is quite low one wonders how much things will slow down

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[from amaah] As Global Wealth Spreads, the IMF Recedes

Ghana for one has almost escaped the sometimes unbearable clutches of the IMF. Perhaps we are now "mature enough" to actually invest in infrastructure without the paternalistic attitudes and rhetoric

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[from amaah] The Case For Indigenous West African Food Culture (pdf)

Eat locally, think globally... worth revisiting 13 years later especially as western palates seek release from manufactured homogeneity. worth also considering the evolution of local tastes and the expediency of modern fast foods

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[from amaah] Is it Africa's Turn?

Muddled essay on the recent progress, economic and otherwise, in Africa but perhaps it is fitting: development is a messy business. By the numbers: Kenya, Botswana, improved telecom, Chinese attention, democracy in parts, fewer civil wars etc

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[from amaah] The dying state of Ghana's poultry

Ghana now accounts for as much as 30 percent of all poultry products imported into West Africa sub region from the EU. These imports of live birds, frozen chicken parts and full chicken are posing serious threats to the local poultry industry. According t

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[from amaah] The Coming Revolution in Africa

On agriculture in Africa... typical Wilson Quarterly backgrounder, not to mention the wild-eyed optimism of the title... baby steps, baby steps.

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[from amaah] Europe Takes Africa's Fish, and Boatloads of Migrants Follow

Simplistic. Correlation is not causation. Depleted fishing grounds vrs teeming masses swarming European beaches.

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[from amaah] Rebuilding Agriculture from Scratch

On efforts to put Liberia's agricultural economy back after almost 2 decades of civil war.

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[from amaah] Shopping For A Ghana Christmas: Matters Arising

Funny that I won't be going through this this year... It is a golden rule of travelling home ( and a fact of life) that you can never satisfy everybody's needs.

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[from amaah] Ghana reflects progress in Africa

7 years of quiet seem to be helping things... rebranding the country... a reasonable country profile highlighting some entrepreneurial successes.

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[from amaah] Ending Famine, Simply by Ignoring the Experts

Fancy that, a country subsidizes its farmers (fertilizer controls), improves food security and now exports. Whither free trade and World Bank prescriptions. I suppose Europe and the US don't provide agricultural subsidies to their farmers, right?

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[from amaah] How Malawi went from a nation of famine to a nation of feast

Malawi has broken with an orthodoxy long advocated by Western donor nations: The impoverished country has gone back to subsidizing poor farmers.The subsidies have been a raging success.

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[from amaah] A surprising side of slums

First–time visitors to slums are often shocked by their economic vibrancy. Outsiders expect helplessness, but what they find is promise. To understand this, we need only look at why people came to slums in the first place.

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[from amaah] Ghana's Growth And Poverty Reduction Story

Major infrastructure gaps need to be addressed, particularly in energy, water, information and communications technology (ICT), and some areas of transport. The annual funding gap in infrastructure is about $350-430 million. Quoth the world bank

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[from amaah] Congo by Rail: Filthy, Crowded and Dangerous

Built by the Belgians in 1902 to bring minerals like copper to the Atlantic, the once efficient railways have deteriorated to the point that derailments and brake failures are regular occurrences. "The railway network is large, expensive, underinvested,

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[from amaah] Financing Africa's Future Growth and Development: (pdf)

Ernest Aryeetey on internal versus external financing for development. Africa's overall share in world exports fell from 3.7 % in 1970 to 2% in 1998, and has risen only marginally since then. Also a look at the soft options, reducing transaction cost

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[from amaah] Globalization, employment and poverty in Ghana (pdf)

Ernest Aryeetey's 2005 paper... compare with Elizabeth Asiedu's research on foreign direct investment. Also link to internal determinants and financing... informal sector and adjacencies.. lack of vertical integration etc..

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[from amaah] Elizabeth Asiedu's Economics Research

Perhaps the premier Ghanaian economist in academia from what I can tell, albeit working from without... lots of good papers and modeling... need to brush up on the mathematics

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[from amaah] Senegal: Finding Opportunities Through Cheap Chinese Goods

The organization is lobbying the Senegalese government to obtain "reciprocity" from China. In short,they want Senegalese traders to be able to open shops, settle and do business in China as easily as their Chinese counterparts do in Senegal.

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[from amaah] Everyday Kenyans Taking Stock In a Growing African Economy

Stock market fever is sweeping Kenya and other sub-Saharan African countries such as Tanzania, Uganda, Nigeria and Zambia, where stock exchanges, along with national economies, have shown steady gains in recent years as people who have traditionally inves

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[from amaah] Change from within / Africa needs modern skills and a cultural shift - not cash handouts - to help it flourish

the peace corps view. Time, in particular, is still measured according to the needs of traditional agriculture, set to the rhythms of the crops and the seasons, not by the clock. We would call a meeting and people would come - but only after the chores we

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