The Oxford Handbook of Africa and Economics: Volume 2: Policies and Practices

ISBN : 9780198819714

Celestin Monga; Justin Yifu Lin
992 Pages
171 x 246 mm
Pub date
Feb 2018
Oxford Handbooks
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This volume-the second of the lOxford Handbook of Africa and Economics-reassesses the economic policies and practices observed across the continent since independence. It offers a collection of analyses by some of the leading economists and development thinkers of our time, and reflects a wide range of perspectives and viewpoints. Africa's emergence as a potential economic powerhouse in the years and decades ahead amply justifies the scope and ambition of the book.


Celestin Monga and Justin Yifu Lin: Introduction: Africa's Evolving Policy Frameworks; Part I: The Macroeconomics of Growth and Structural Transformation; 1 Augustin Kwasi Fosu and Eric Kehinde Ogunleye: African Growth Strategies: The Past, Present, and Future; 2 Margaret McMillan and Kenneth Harttgen: Africa's Quiet Revolution; 3 Andrew Berg, Stephen O'Connell, Catherine Pattillo, Rafael Portillo, and Filiz Unsal: Monetary Policy Issues in Sub-Saharan Africa; 4 Paul R. Masson, Catherine Pattillo, and Xavier Debrun: The Future of African Monetary Geography; 5 Jean-Claude Tchatchouang: The CFA Franc Zone: A Biography; 6 Celestin Monga: African Monetary Unions: An Obituary; 7 Benno Ndulu and Joseph Leina Masawe: Challenges of Central Banking in Africa; 8 Willi Leibfritz: Fiscal Policy in Africa; 9 Mark R. Thomas and Marcelo M. Giugale: African Debt and Debt Relief; 10 Leonce Ndikumana: Savings, Capital Flight, and African Development; 11 Jaime de Melo and Yvonne Tsikata: Regional Integration in Africa: Challenges and Prospects; 12 Ibrahim Ahmed Elbadawi and Nadir Abdellatif Mohammed: Natural Resources: Utilizing the Precious Boon; 13 John Page: Rediscovering Structural Change: Manufacturing, Natural Resources and Industrialization; 14 Keun Lee, Calestous Juma, and John Mathews: Innovation Capabilities for Sustainable Development in Africa; Part II: Microeconomic and Sectoral Issues; 15 Keijiro Otsuka and Frank Place: Land Tenure and Agricultural Intensification in Sub-Saharan Africa; 16 Ousmane Badiane and Tsitsi Makombe: Agriculture, Growth, and Development in Africa: Theory and Practice; 17 Frannie A. Leautier: Capacity Development for Transformation; 18 Michael Kevane: Gold Mining and Economic and Social Change in West Africa; 19 Jenny C. Aker and Joshua E. Blumenstock: The Economic Impacts of New Technologies in Africa; 20 Jean-Jacques Dethier: Infrastructure in Africa; 21 Asli Demirguc-Kunt, Leora Klapper, and Peter van Oudheusden: Financial Inclusion in Africa : Obstacles and Opportunities; 22 Kalu Ojah and Odongo Kodongo: Financial Markets Development in Africa: Reflections and the Way Forward; 23 Wafik Grais: Islamic Finance in North Africa; 24 Ioannis N. Kessides: Regulatory Reform for Closing Africa's Competitiveness Gap; Part III: Institutional/Social Economics; 25 Ruth Uwaifo Oyelere: School Enrollment, Attainment, and Returns to Education in Africa; 26 Yaw Nyarko: Mobility, Human Capital, Remittances, and Economic Transformation; 27 Germano Mwabu: Health, Growth, and Development in Africa; 28 Jean-Claude Berthelemy and Josselin Thuilliez: The Economics of Malaria in Africa; 29 Ragui Assaad and Caroline Krafft: An Empirical Analysis of the Economics of Marriage in Egypt, Morocco, and Tunisia; 30 Sophie Bessis: Economics, Women, and Gender: The African Story; 31 Stephanie Seguino and Maureen Were: Gender, Economic Growth, and Development in Sub-Saharan Africa; 32 Mina Baliamoune-Lutz: Gender Economics in North Africa; 33 Julia Cage: The Economics of the African Media; Part IV: Old and New Development Players; 34 Chris Elbers and Jan Willem Gunning: What Do Development NGOs Achieve?; 35 Haroon Bhorat, Karmen Naidoo, and Derek Yu: Trade Unions in South Africa; 36 Ernest Aryeetey: African Development Banks: Lessons for Development Economics; 37 Hamed El-Said: The Political Economy of Aid in North Africa; 38 Tony Addison, Saurabh Singhal, and Finn Tarp: Aid to Africa: The Changing Context; 39 Christian Nsiah and Bichaka Fayisssa: Remittances to Africa and Economics; 40 John C. Anyanwu: Foreign Direct Investment in Africa: Lessons for Economics; 41 Mwanza Nkusu and Malokele Nanivazo: International Capital Flows to Africa; 42 Emmanuel Akyeampong and Liang Xu: The Three Phases/Faces of China in Independent Africa: Reconceptualizing China-Africa Engagement; 43 Peter Quartey and Gloria Afful-Mensah: Aid to Africa: Emerging Trends and Issues; 44 Justin Yifu Lin and Yan Wang: China-Africa Cooperation in Structural Transformation: Ideas, Opportunities, and Finances; Part V: Looking Forward; 45 Justin Yifu Lin: China's Rise and Structural Transformation in Africa: Ideas and Opportunities; 46 Akbar Noman and Joseph Stiglitz: Economics and Policy: Some Lessons from Africa's Experience; 47 Alaka M. Basu Kaushik Basu: The Prospects for an Imminent Demographic Dividend in Africa: The Case for Cautious Optimism; 48 Jeffrey D. Sachs: Africa's Demographic Transition and Economic Prospects

About the author: 

Celestin Monga is Vice-President and Chief Economist of the African Development Bank Group. He previously served as Managing Director at the United Nations Industrial Development Organization (UNIDO), and Senior Economic Adviser-Director at the World Bank. He is also a Visiting Professor of Economics at the University of Paris 1 Pantheon-Sorbonne and Peking University. Dr. Monga has published extensively on various dimensions of economic and political development. His books have been translated into several languages and are widely used as teaching tools in academic institutions around the world. His most recent works include Beating the Odds: Jump-Starting Developing Countries (Princeton University Press, 2017), with Justin Yifu Lin; and Nihilism and Negritude: Ways of Living in Africa (Harvard University Press, 2016). Dr. Monga holds graduate degrees from MIT, Harvard University, the Universities of Paris and Pau.; Justin Yifu Lin is Councillor of the State Council and Professor and Honorary Dean of the National School of Development at Peking University. He was the Senior Vice President and Chief Economist of the World Bank, 2008-2012. Prior to this, Professor Lin served for 15 years as Founding Director and Professor of the China Centre for Economic Research (CCER) at Peking University. He is a member of the Standing Committee, Chinese People's Political Consultation Conference, and Vice Chairman of the All-China Federation of Industry and Commerce. He is a Corresponding Fellow of the British Academy and a Fellow of the Academy of Sciences for Developing World.

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