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The world economy has changed significantly in recent times. With greater financial globalisation, there emerged a mistaken perception that 'fathomless' capital was a pattern of this 'new world'. It soon became apparent that the recent financial c…
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Africa’s economic, social, and political history largely determines its current economic development. The externally imposed structural adjustment programs and reform initiatives of the 1980s and 1990s failed to promote productivity, employment, a…
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African countries are now implementing the Agenda 2063 and Agenda 2030 (also known as Sustainable Development Goals – SDGs), both requiring huge financial resources. Globally, large amounts of investable resources, mostly private, are available in a…
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This paper looks at the challenges facing Africa and investigates the role played by capacity development, giving particular attention to higher education systems. Key in the consideration of policies reviewed in the paper is the role of tertiary ed…
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A hallmark of the new globalization, the adoption of ICT — computers, mobile phones and broadband connectivity — is now a key determinant of international competitiveness, prosperity and living standards. Earlier apprehension has given way to optimi…
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Animal spirits in modern economics has a specific meaning; it refers to the restless and inconsistent element in the economy as well as the peculiar relationship people have with ambiguity and uncertainty, which tends to lead to paralysis or incre…
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This case study of the African Peer Review Mechanism (APRM) seeks to examine the lessons it holds about South–South knowledge exchange, South–South co-operation(SSC), capacity development and development effectiveness. This case study outlines the…
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"Countries emerging from conflict are typically confronted with a wide range of urgent demands to build and sustain peace. They need institutions that are sustainable, as well as responsive and accountable to their citizens. Yet, these countries are…
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This first African Financial Governance Outlook provides a better understanding of the state of public financial governance reforms in Africa and how policies and institutional arrangements could be improved over time, offering benefits on various…
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This year's Report, the third in a series, focuses on an issue of great importance to Africa: natural resource management. The Report is holistic, yet focused on what African countries need to do individually and collectively to achieve effective …
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A core message in the 2012 ACI Report is that improving the productivity and the economic returns of agriculture has immediate effects on poverty and hunger in at least three important ways: a) it increases the productivity and incomes of the majori…
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The last few decades have seen food insecurity as an emerging crisis that has bedeviled many African countries. While many post-colonial African governments have widely recognized the role of agriculture in national development and capacity develo…
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This Compendium brings together the lessons and experiences of selected capacity building interventions by ACBF in the following areas: Building capacity in economic policy management: lessons from regional training programs; Public sector managemen…
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