Showing papers in "AfricaGrowth Agenda in 2008"
Journal Article•
TL;DR: The speed at which the xenophobic attacks took place, starting in Alexander Township, took "everyone including the government by surprise" as discussed by the authors, and the question is whether we, as South Africans, were surprised that a section of our communities turned on other Africans and in a number of cases killed them for nothing other than the reason that the victims were foreigners in our country.
Abstract: In May and June this year xenophobia, which has been raising its ugly head in South Africa immediately after the 1994 elections finally, violently, took centre stage. The pictures of African immigrants, horrifically, killed in xenophobic attacks were splashed across the world's media. The speed at which the xenophobic attacks took place, starting in Alexander Township, took "everyone including the government by surprise". The question is whether we, as South Africans, were surprised that a section of our communities turned on other Africans and in a number of cases killed them for nothing other than the reason that the victims were foreigners in our country.
5 citations
Journal Article•
TL;DR: In this article, the authors describe the approach used by the W.K. Kellogg Foundation (WKKF) to build the capacity of rural communities in Southern Africa to develop healthy and viable livelihoods.
Abstract: This paper describes the approach used by the W.K. Kellogg Foundation (WKKF) to build the capacity of rural communities in Southern Africa to develop healthy and viable livelihoods. It emphasizes the Foundation's approach to wealth creation in rural areas, centered on the beneficiation and commercialization of agricultural commodities, arts and craft products, eco-tourism and other economic drivers at the disposal of entrepreneurs and rural communities in Southern Africa.
3 citations
Journal Article•
TL;DR: In this paper, an analysis of government policies shows that many governments adopt policies that are not always beneficial for the majority of the population but for specific smaller groups of people within the economy.
Abstract: Agriculture and food policies in all world economies are presumed to be adopted with the aim of improving people's livelihoods as well as access to and utilization of food and agricultural products. An analysis of government policies shows that many governments adopt policies that are not always beneficial for the majority of the population but for specific smaller groups of people within the economy. The policy environment in any economy is characterised by divergent interests that are not always in favour of the marginalized or the majority of the people resulting in non proficient policy outcomes (Cabral et al, 2006). Hence policy outcomes are often determined by the ability of specific groups of the population to lobby for their own interests.
3 citations
Journal Article•
TL;DR: A sound, stable and efficient financial sector is necessary for the attainment of the main macroeconomic objectives, including sustainable output and employment growth as discussed by the authors, and thus expedites the process of physical capital accumulation.
Abstract: A sound, stable and efficient financial sector is necessary for the attainment of the main macroeconomic objectives, including sustainable output and employment growth. An efficient financial sector improves the demand for money and thus expedites the process of physical capital accumulation.
2 citations
Journal Article•
TL;DR: In this article, the link between microeconomic policy and small business and enterprise development is discussed as a critical matter of political economy in the search for market systems that work for small entrepreneurial players.
Abstract: This article is about the link between microeconomic policy and small business and enterprise development as a critical matter of political economy in the search for market systems that work for small entrepreneurial players.
2 citations
Journal Article•
TL;DR: Cross-border M&As are a part of economic life in a liberalizing and globalizing world (UNCTAD, 2000). They are an important means through which MNCs create a global presence.
Abstract: Cross border MA Greenfield investments and cross border mergers and acquisitions (M&As). With Greenfield investments, a foreign investor establishes a new venture in the host country. Cross border M&As occur when a foreign investor purchases or acquires an existing enterprise in the host country. Acquisitions are dominant forming about 97% of cross border M&A activity. Cross-border M&As are a part of economic life in a liberalizing and globalizing world (UNCTAD, 2000). They are an important means through which MNCs create a global presence. Most of the growth in international production in recent times has taken place through cross border M&A activity.
1 citations
Journal Article•
TL;DR: The relationship between exports and output growth and productivity has been an issue of great economic concern as discussed by the authors and the relationship that is purported to exist between export and economic growth has further necessitated the shift in trade policy towards export expansion.
Abstract: The relationship between exports and output growth and productivity has been an issue of great economic concern. More importantly, the relationship that is purported to exist between exports and economic growth has further necessitated the shift in trade policy towards export expansion. Against this backdrop most developing countries including sub-Saharan Africa have adopted outward orientation as part of the widely embarked upon policy of SAP (Structural Adjustment Programme). Studies in Ghana (Baah-Nuakoh et. al. 1996; Jebuni et. al. 1992) on the export sector have revealed enthusiasm in the sector and shown tremendous growth in exporting activities.
1 citations
Journal Article•
TL;DR: Since the re-invention of the financial liberalisation concept in the 1970s, many developing countries have made attempts to liberalise their financial sectors by deregulating interest rates, eliminating or reducing credit controls, allowing free entry into the banking sector, giving autonomy to commercial banks, permitting private ownership of banks and liberalising international capital flows as discussed by the authors.
Abstract: Since the re-invention of the financial liberalisation concept in the 1970s, many developing countries have made attempts to liberalise their financial sectors by deregulating interest rates, eliminating or reducing credit controls, allowing free entry into the banking sector, giving autonomy to commercial banks, permitting private ownership of banks and liberalising international capital flows.
1 citations
Journal Article•
TL;DR: In this paper, the authors pointed out that seven years to the set deadline for achievement of the MDGs, Africa needs not just to double but triple its efforts if it will indeed beat the 2015 deadline.
Abstract: Poverty, disease, child mortality, illiteracy, bad governance; these are some of the ails derailing the African continent from achieving the millennium development goals (MDGs). Seven years to the set deadline for achievement of the MDGs, Africa needs not just to double but triple its efforts if it will indeed beat the 2015 deadline. Africa being host to some of the poorest countries in the world is in a unique position which has now been complicated by the rising food and fuel prices. The rising cost of the two threaten to reverse the gains made in fighting poverty as some of the world's poor cannot afford to feed themselves. So what path should Africa take as it pursues development?
1 citations