In this volume of the African Development Perspectives Yearbook
series, the Research Group on African Development Perspectives
investigates the impact of the Global Financial Crisis (GFC) on
economic reform processes in Africa. The analysis is structured in
such a way so as to reflect the opportunities and dangers of policy
reversals in the face of the GFC. The impact of the crisis on
different types and forms of governance in the region is
considered. The first question is therefore which macro-economic
policy instruments have to be applied in order to overcome the
crisis and to continue with sustainable development. The second
question is how the GFC has affected Africa's external economic
relations and if the path of opening up to the world markets is to
be continued. The third question raised is how the crisis has
affected social cohesion, impacted poverty alleviation strategies
and the achievement of Millennium Development Goals (MDGs). All
these questions are discussed in the various contributions which
comprise general studies and country case studies. The book also
looks into the role of international financial institutions during
and after the crisis. (Series: African Development Perspectives
Yearbook - Vol. 15)
General
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