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As Africa enters the 21st century, it faces mounting challenges as
well as new opportunities. Unlike in the 1980s and the 1990s,
however, the conditions for Africa 's sustained growth and
development are more favorable today than ever before. As a result
of economic reforms the overall growth has been in excess of 4.5
percent annually since the mid-1990s. There is greater consensus
among Africans now than at any previous time on what needs to be
done to accelerate growth, reduce poverty and promote sustainable
development. The positive response of Africa 's international
partners enhances the prospects for sustaining the progress. Africa
is also benefiting from a commodity boom and increased investment
in infrastructure and the extractive industry sector. But many
questions remain unanswered. The most pressing question is how
Africa can best benefit from the rise of the Asian giants, China
and India.
How can African countries escape from marginalization, deepening
impoverishment and state disintegration in the new era of
globalization? The author of this book explores a way beyond the
simple state-led versus market-driven approaches to Africa's
development. He argues that the international financial
institutions must stop their own development and that African
countries must work within the reality of globalization to renew
democracy and improve governance; invest in education; revitalize
agriculture, manage their cities, strengthen regional economic
integration, and prevent yet more deadly conflicts. Cheru contends
how these options would require commonsense and non-dogmatic
approaches; a new generation committed to a new kind of politics;
and to synergy between the opportunities of the global economy and
rebuilding Africa's economies.
The subject of food security and land issues in Africa has become
one of increased importance and contention over recent years. In
particular, the focus has shifted to the role new Global South
donors - in particular India, China and Brazil - are playing in
shaping African agriculture through their increased involvement and
investment in the continent. Approaching the topic through the
framework of South-South co-operation (SSC), this highly original
volume presents a critical analysis of the ways in which Chinese,
Indian and Brazilian engagements in African agriculture are
structured and implemented. Do these investments have the potential
to create new opportunities to improve local living standards,
transfer new technology and know-how to African producers, and
reverse the persistent productivity decline in African agriculture?
Or will they simply aggravate the problem of food insecurity by
accelerating the process of land alienation and displacement of
local people from their land?Topical and comprehensive,
Agricultural Development and Food Security in Africa offers fresh
insight into a set of relationships that will shape both Africa and
the world over the coming decades.
In recent years, China and India have become the most important
economic partners of Africa and their footprints are growing by
leaps and bounds, transforming Africa's international relations in
a dramatic way. Although the overall impact of China and India's
engagement in Africa has been positive in the short-term, partly as
a result of higher returns from commodity exports fuelled by
excessive demands from both countries, little research exists on
the actual impact of China and India's growing involvement on
Africa's economic transformation. This book examines in detail the
opportunities and challenges posed by the increasing presence of
China and India in Africa, and proposes critical interventions that
African governments must undertake in order to negotiate with China
and India from a stronger and more informed platform.
In recent years, China and India have become the most important
economic partners of Africa and their footprints are growing by
leaps and bounds, transforming Africa's international relations in
a dramatic way. Although the overall impact of China and India's
engagement in Africa has been positive in the short-term, partly as
a result of higher returns from commodity exports fuelled by
excessive demands from both countries, little research exists on
the actual impact of China and India's growing involvement on
Africa's economic transformation. This book examines in detail the
opportunities and challenges posed by the increasing presence of
China and India in Africa, and proposes critical interventions that
African governments must undertake in order to negotiate with China
and India from a stronger and more informed platform.
This volume provides an up-to-date and detailed tour d'horizon of
the exciting diversity of new proposals and mechanisms currently
being discussed in order to raise the necessary financial resources
to make the achievement of the Millennium Development Goals a
reality by 2015. If the MDGs to halve global poverty and
significantly improve the conditions of life of the world's poor
are to be met on schedule, putting in place the requisite funding
is an essential component. The economists in this volume from
WIDER, UNDP, and other leading institutions have contributed their
analyses as part of the Helsinki Process on Globalisation and
Democracy - a high-level multi-stakeholder initiative to develop
new approaches to global problem-solving, a global economic agenda
and human security. Key resource flows examined include ODA,
foreign direct investment, remittances by migrants, commodity
export prices, and new ideas to secure sustainable debt relief,
including SDRs, debt cancellation, revaluation of IMF gold
reserves, debt arbitration, and other proposals. The statistically
rich analyses are presented in the context of the complicated
trends in global inequality, the incidence of poverty, and the
impacts of globalisation. The editors conclude with a
thought-provoking set of ideas about the political requirements for
effective global economic governance aimed at achieving the MDGs
that the world community set itself at the start of the new
millennium. The empirical data in this volume and survey of key new
ideas for resource mobilisation will be invaluable to all those
concerned with global economic governance, including scholars,
diplomats, NGO lobbyists, and students studying development
economics.
How can African countries escape from marginalization, deepening
impoverishment and state disintegration in the new era of
globalization? Fantu Cheru draws on his experience of many
different countries to argue for a way beyond the simple state-led
versus market-driven approaches to Africa's development. The
international financial institutions must stop their heavy handed
interventions and let countries decide their own development paths.
African countries must work within the reality of globalization to
renew democracy and improve governance; invest in education;
revitalize agriculture, manage their cities, strengthen regional
economic integration, and prevent yet more deadly conflicts. These
require commonsense and non-dogmatic approaches, learning from
local successes, entrepreneurship, and a new generation committed
to a new kind of politics.
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