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African Economic Performance Journal of Economic Literature Tagged Articles
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3.4 References: Economic Report on Africa 2007
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Other African Economic Performance Journal of Economic Literature Related Articles
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Wanted: jobs for Africa’s youth - ‘Bad policy’
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| Since the mid-1990s, economic performance has improved significantly in many African countries, with average annual growth in gross domestic product (GDP) rising steadily from less than 3 per cent in 1998 to 5 per cent in 2005. In theory, according to many economists, this should have led to higher employment.
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4.0 Diversification trends in Africa: Economic Report on Africa 2007
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| The diversification of African economies is one way through which the recent economic
growth achievements could be sustained. Africa’s economic transformation
can be achieved through both horizontal and vertical diversification. In addition,
such diversification will help to build competitive economies that can productively
be integrated into the global economy. Diversification is therefore a pre-condition if
Africa is to register accelerated development. The scaling-up of current real growth
to desired levels and in a broad manner can also be sustained if there is deepening in
the diversification of African economies. |
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6.5 Financing research to increase TFP: Economic Report on Africa 2007
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| The other major area in which new economic policies for diversification are required
is in research. The majority of African countries, since the demise of diversification
gain resorted to relying on factor accumulation as the main source of economic
growth. |
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Conclusions - Promoting Growth in Sub-Saharan Africa: Learning What Works
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| Both domestic and external factors contributed to sub-Saharan Africa's poor overall economic performance in the 1980s and early 1990s. Key constraints to growth included inappropriate economic policies, inadequate human capital development, and low levels of private investment. But for the first time in a generation, there is evidence of economic progress in an increasing number of countries in the region. |
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Regional Economic Communities in Africa
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| Regional economic integration has a long history in Africa. The South African Customs
Union (SACU) was established in 1910 while the East African Community (EAC) was
set up in 1919. The East African Community collapsed in 1987 but is now being actively
revived. Currently there are 14 regional economic communities in Africa. |
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African Economic Performance in 2004: A Promise of Things to Come?
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| Against a backdrop of sustained global growth and high commodity prices, Africa has experienced its best
economic performance in many years. While recent economic performance is not merely driven by favourable
external factors, African economies still lack proper “shock-absorbers” to withstand internal (e.g. drought and
floods, political instability, HIV-Aids, etc.) and external (e.g. volatility of commodity prices and exchange rates)
shocks alike. They remain strongly vulnerable. In this context, creating the conditions for the development
of indigenous drivers of economic activity (starting with a thriving local private sector) is a top priority. |
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Introduction: Stock Market Development in Sub-Saharan Africa
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| This paper examines the economic importance and the future of African stock markets. It
seeks to shed light on the controversial link between stock market and economic growth—
from both corporate finance and macroeconomic perspectives. It also discusses policy
options for promoting the development of the stock market in Africa. |
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Training and Development in Economic Recessions
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| During economic downturns, companies typically choose to cut training budgets as they are often viewed as a luxury when times are prosperous. However, investments in training with a clear, concise plan as support during economic downturns actually work to maintain overall performance and lower costs, keeping the company competitive. |
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The African Market: Challenges for SMEs and Responses
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| In the presentation of WUSME World Union of SMEs on 20th May 2011 at the VI.African Summit, chaired by the former President of the Federal Republic of Nigeria H.E. Obasanjo, the market trends and opportunities for Micro- Small and Medium Enterpriseswere summarized as follows: Focusing on the economic development in the „Danger Zones” of the African Continent, the Sub Saharan Countries remain a challenge and urgently need to be addressed. These are the African Savanna and Sahel: Niger, Sierra Leone, Mali, Burkina Faso, Guinea-Bissau, Central African Republic, Chad, northern Uganda, Ethiopia and Somalia.
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Some Things Are Easier For Your Business in a Recession
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| If your business is feeling the impact of the economic downturn, think differently about how you could take advantage of the current economic circumstances. Some things are definitely more challenging, but others might actually be easier in these tough economic times. |
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