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4.1 Case studies on export diversification for selected African countries: Economic Report on Africa 2007
So far, diversification trends in relation to African economies indicate that different countries have achieved varying results. The overall conclusion is that, in general, African economies have failed to make gains beyond their initial positions in the early 1980s. It has also been pointed out that they reacted defensively to the crises that beset them in the 1980s. Their macroeconomic stabilization policies did not create an environment conducive for dynamic response, as a good number of countries in Asia and Latin America were able to do. Their defensive response as seen in the oil factor, perpetuated the status quo and worsened it in some instances. Earlier gains in such countries as Gabon, Nigeria and Sudan were eroded.
4.1 Diversification trends at the regional level: Economic Report on Africa 2007
Figure 4.1 shows three different measures of diversification for African economies as a whole (see Ben Hammouda et al. (2006a) for detailed definition of the indices of diversification). Three concise comments on the general trend of Africa’s diversification experience can be made.
2.1 Growth performance VII: Economic Report on Africa 2007
Africa needs a new approach to growth policies

Other macroeconomic stabilization Related Articles

Overview I: Economic Report on Africa 2007
Moderate world growth and the threat of macroeconomic imbalances
1.3 World macroeconomic imbalances: Economic Report on Africa 2007
Macroeconomic imbalances still a major concern
2.1 Growth performance V: Economic Report on Africa 2007
Sustainability of macroeconomic balances remains a concern over the medium term
4.1 Case studies on export diversification for selected African countries: Economic Report on Africa 2007
So far, diversification trends in relation to African economies indicate that different countries have achieved varying results. The overall conclusion is that, in general, African economies have failed to make gains beyond their initial positions in the early 1980s. It has also been pointed out that they reacted defensively to the crises that beset them in the 1980s. Their macroeconomic stabilization policies did not create an environment conducive for dynamic response, as a good number of countries in Asia and Latin America were able to do. Their defensive response as seen in the oil factor, perpetuated the status quo and worsened it in some instances. Earlier gains in such countries as Gabon, Nigeria and Sudan were eroded.
5.1 Macroeconomic stance is crucial to diversification outcomes: Economic Report on Africa 2007
An important aspect of the diversification debate and of Africa’s experience has to do with the role that macroeconomic policy plays. This has also been investigated at the continental level in the results that are presented in table A5.1. Two important indicators of macroeconomic stability, depending on the macroeconomic policy in operation, are inflation and real effective exchange rates and these are found to be among the most critical determinants of diversification outcomes in Africa.
1.15 Building an employment agenda: Working Out of Poverty
Employment, and the promotion of enterprise that creates it, remains the most effective route to poverty eradication. The objective of full employment is essential – an issue on which the European Union has given political leadership. Most policy prescriptions, however, do not view job creation as an explicit objective of economic and social policies, but rather as a hopedfor result of sound macroeconomic policies. At the ILO, we believe that sound macroeconomic policies are essential for desired growth, but such growth must be employment-intensive to effectively reduce poverty. While the main challenge remains at the national level, development cooperation has a role to play. Donor countries and institutions, especially international financial institutions, should build this in as an integral part of their vision.
HUD adds another $1B to Stabilize Hard-Hit Neighborhoods bringing the total to $7B
State and local governments can use their neighborhood stabilization grants to acquire land and property; to demolish or rehabilitate abandoned homes; and to offer down payment and closing cost assistance to low- to moderate-income homebuyers. In addition, the grantees can create “land banks” to assemble, temporarily manage, and dispose of vacant properties.
Positivity and High Performance - Characteristics of High-Performing Business Teams
Enlightened leaders over the past two years became aware of the need for resilience, and restructuring their organizations for a period of survival and stabilization.

7 Tips for Collaborative Leadership – Connecting High Performance Teams
Collaborative leaders over the past two years became aware of the need for resilience, creativity and innovation restructuring their organizations for a period of survival and stabilization. Now leaders must rebound and take the next steps to thrive and create a sustainable future. They must refocus, inspire and continuously innovate with their teams to lead successfully and grow their business.
Cheap or Free dSLR Stabilization and Steadicam Tricks
dSLR cameras allow just about anybody with a couple grand to capture high-definition footage with big-budget looks such as depth-of-field, motion blur and deep, rich colors. One thing which dSLR shooters still struggle with is getting steady handheld or dolly tracking shots without investing in a pro stabilization system or building a cumbersome PVC track on which to roll their rig. Due to budget and time constraints, most of us just want to shoot and go.
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