Africa

15 Items

Book - University of Michigan Press

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

| Mar. 07, 2022

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.

Book Chapter - VoxEU

How did Egypt soften the impact of Covid-19?

| Feb. 23, 2021

The Covid-19 pandemic has drastically disrupted people’s lives, livelihoods, and economic conditions around the world. The global shock has resulted in a tourism standstill (Djankov 2020), significant capital flight (Djankov and Panizza 2020), and a slowdown in remittances (Nonvide 2020), resulting in an urgent balance-of-payments need. Egypt responded to the crisis with a comprehensive package aimed at tackling the health emergency and supporting economic activity. The Ministry of Finance acted swiftly to allocate resources to the health sector, provide targeted support to the most severely impacted sectors, and expand social safety net programmes to protect the most vulnerable. Similarly, the Central Bank of Egypt adopted a broad set of measures, including lowering the policy rate and postponing repayments of existing credit facilities. The next section highlights the experience of firms in Egypt following these policies.

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

University of Michigan Press

Book - University of Michigan Press

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

| July 2019

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.

Solar panel field and wind turbines

PIXNIO / hpgruesen

Book - Edward Elgar Publishing, Inc.

Handbook of the International Political Economy of Energy and Natural Resources

| 2018

This Handbook offers a comprehensive overview of the latest research from leading scholars on the international political economy of energy and resources. Highlighting the important conceptual and empirical themes, the chapters study all levels of governance, from global to local, and explore the wide range of issues emerging in a changing political and economic environment.

Book Chapter

Entrepreneurship

| January 2011

The creation of agricultural enterprises represents one of the most effective ways to stimulate rural development. This chapter will review the efficacy of the policy tools used to promote agricultural enterprises, with a particular focus on the positive, transformative role that can be played by the private sector. Inspired by such examples, this chapter will end by exploring ways in which African countries, subregional, and regional bodies can create incentives that stimulate entrepreneurship in the agricultural sector. The chapter will take into account new tools such as information and communication technologies and the extent to which they can be harnessed to promote entrepreneurship.

Book Chapter

Governing Innovation

| January 2011

African countries are increasingly focusing on promoting regional economic integration as a way to stimulate economic growth and expand local markets. Considerable progress has been made in expanding regional trade through regional bodies such as the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC). There are six other such Regional Economic Communities (RECs) that are recognized by the African Union as building blocks for pan-African economic integration. So far, regional cooperation in agriculture is in its infancy and major challenges lie ahead. This chapter will explore the prospects of using regional bodies as agents of agricultural innovation through measures such as regional specialization. The chapter will examine ways to strengthen the role of the RECs in promoting innovation. It adopts the view that effective regional integration is a learning process that involves continuous institutional adaptation.

Book Chapter

The New Harvest: Introduction

| January 2011

"This book argues that sustaining African economic prosperity will require significant efforts to modernize the continent's economy through the application of science and technology in agriculture. In other words, agriculture needs to be viewed as a knowledge-based entrepreneurial activity. The argument is based on the premise that smart investments in agriculture will have multiplier effects in many sectors of the economy and help spread prosperity. More specifically, the book focuses on the importance of boosting support for agricultural research as part of a larger agenda to promote innovation, invest in enabling infrastructure, build human capacity, stimulate entrepreneurship and improve the governance of innovation."

Book - Oxford University Press

The New Harvest: Agricultural Innovation in Africa

| January 2011

African agriculture is currently at a crossroads, at which persistent food shortages are compounded by threats from climate change. But, as this book argues, Africa faces three major opportunities that can transform its agriculture into a force for economic growth: advances in science and technology; the creation of regional markets; and the emergence of a new crop of entrepreneurial leaders dedicated to the continent's economic improvement.

Book - Brookings Institution Press and World Peace Foundation

China into Africa: Trade, Aid, and Influence

| October 2008

“Two myths have been concocted by the West on Africa: that the Western impact on Africa has been benign while China’s record in Africa has only been negative. The truth in both areas is more complex. This volume, China into Africa, brings out the complexity of the China story in Africa and illustrates why more balanced assessments are needed on Africa’s relations with the world”

            --Kishore Mahbubani

Dean, the Lee Kuan Yew School of Public Policy at the National University of Singapore

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Book - Harvard University Press

Starved for Science: How Biotechnology is Being Kept Out of Africa

| March 2008

Heading upcountry in Africa to visit small farms is absolutely exhilarating given the dramatic beauty of big skies, red soil, and arid vistas, but eventually the two-lane tarmac narrows to rutted dirt, and the journey must continue on foot. The farmers you eventually meet are mostly women, hardworking but visibly poor. They have no improved seeds, no chemical fertilizers, no irrigation, and with their meager crops they earn less than a dollar a day. Many are malnourished.

Nearly two-thirds of Africans are employed in agriculture, yet on a per-capita basis they produce roughly 20 percent less than they did in 1970. Although modern agricultural science was the key to reducing rural poverty in Asia, modern farm science—including biotechnology—has recently been kept out of Africa.