[PDF] The Effect Of Infrastructure Development On African Economics eBook

Author : Hoda Alameddine
Publisher :
Page : 0 pages
File Size : 22,5 MB
Release : 2023
Category :
ISBN :

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Infrastructure development is crucial to achieving growth, poverty reduction, and larger development goals. Academics and policymakers have long seen an appropriate supply of infrastructure services as a critical component of economic growth.Sub-Saharan Africa typically ranks towards the bottom of all emerging areas in terms of infrastructure performance, and a growing number of analysts see inadequate infrastructure as a key impediment to regional progress and poverty reduction.This paper reviews the literature on the relationship between infrastructure investment and economic development, analyzes the significance of infrastructure in participating in global value chains and enabling economic improvements, identifies the issues that LDCs confront, and makes policy suggestions. with a particular emphasis on Sub-Saharan Africa.The study utilizes a comparative cross-regional approach to situate Africa's experience within the world framework.It implies that eliminating infrastructure constraints is an essential prerequisite for providing a window of opportunity for an economy to flourish based on its comparative advantage. With the correct conditions, effective infrastructure may help an economy, especially a developing country, enjoy the advantages of global value chains and update its economic structure. The estimates demonstrate the potential contribution of infrastructure development to African growth and equity.

Author : Mr.Dhaneshwar Ghura
Publisher : International Monetary Fund
Page : 32 pages
File Size : 40,99 MB
Release : 1995-12-01
Category : Business & Economics
ISBN : 1451855753

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The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies.

Author : Afeikhena Jerome
Publisher : UN-HABITAT
Page : 108 pages
File Size : 20,73 MB
Release : 2011
Category : Africa
ISBN : 9211322936

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Evaluates the role of infrastructure in promoting economic growth and poverty reduction in Africa. Examines complementary physical infrastructure: telecommunications, power, transport (roads, railways, ports and airports) and water supply. Explores Africa's infrastructure endowment and financing options.

Author : Ncube, Mthuli
Publisher : Policy Press
Page : 720 pages
File Size : 41,6 MB
Release : 2017-03-31
Category : Political Science
ISBN : 1447326679

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Good infrastructure is essential for socio-economic growth and sustainable development. Safe and accessible water supplies, reliable energy, good transport networks and communications technology are all vital to a region’s development agenda. This book presents a comprehensive exploration of the state of infrastructure in Africa and provides an integrated analysis of the challenges the sector faces, based on extensive fieldwork across the continent. Contributors with a wide range of expertise challenge current policy, practice and thinking on issues including the politics of infrastructure development, social inclusion, domestic resource mobilisation and infrastructure financing. The book will be an important resource for academic researchers, students and early career development professionals as well as policymakers and NGOs engaged in dialoguing the infrastructure development options for Africa.

Author :
Publisher : UN-HABITAT
Page : 32 pages
File Size : 22,31 MB
Release : 2011
Category :
ISBN : 9211320275

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Evaluates the role of infrastructure in promoting economic growth and poverty reduction in Africa. Examines complementary physical infrastructure: telecommunications, power, transport (roads, railways, ports and airports) and water supply. Explores Africa's infrastructure endowment and financing options.

Author : Michael Mitchell Omoruyi Ehizuelen
Publisher : GRIN Verlag
Page : 18 pages
File Size : 35,88 MB
Release : 2013-10-09
Category : Business & Economics
ISBN : 3656514348

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Scientific Essay from the year 2013 in the subject Economics - Case Scenarios, , language: English, abstract: This work X-rays the multidimensional relationship that occurs between infrastructure and economic development, evidence from Nigeria. The work develops an intuitive theory with a framework which examines this relationship by recognizing various channels through which infrastructure possibly affects development: as a factor of production, as a complementary significant factor of production, a stimulus to factor buildup, a stimulus to aggregate demand and an instrument to industrial policy. A framework is developed for evaluating and analyzing the theory of this relationship, which explores the implications of diverse definitions and measures of infrastructure on economic development. Empirical literature is then evaluated against this framework.

Author : Desta Mebratu
Publisher : AFRICAN SUN MeDIA
Page : 333 pages
File Size : 26,5 MB
Release : 2019-11-08
Category : Business & Economics
ISBN : 1928480403

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African countries face unprecedented challenges of defining a future development pathway in a resource- and carbon-constrained world. This book addresses this challenge, with special reference to the set of infrastructure that most African countries require to meet the sustainable development goals and fulfil the aspirations of Agenda 2063. Infrastructure is a key factor that determines how resource and energy flow and transform through socio-economic systems. Decisions made today by African countries on their infrastructural configuration will determine the inclusivity, resource intensity and climate resilience of their development pathways for decades to come. This book is a product of a two‑year research conducted by a group of African scholars who have an extensive academic and practical experience on the development of key infrastructure sectors in Africa.

Author : Christine Kessides
Publisher : World Bank Publications
Page : 66 pages
File Size : 40,56 MB
Release : 1993-01-01
Category : Business & Economics
ISBN : 9780821326282

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This paper reviews the linkages between infrastructure and economic development based on both formal empirical research and informal case studies. The main thesis is that economic benefits result from investments in infrastructure only to the extent that they generate a sustainable flow of services valued by consumers. Thus, an analysis of infrastructures' contributions to growth must look at the impacts of services as actually perceived, not at indirect indicators that measure only aggregate provision of infrastructure capital. The paper notes that macro and industry level research , although having its limitations, suggest a positive and statistically significant relationship between infrastructure and economic output. However the conclusions derived from this research (most of which derives from developed countries) provide little specific guidance for policy. To gain more practical insights about how infrastructure contributes to economic growth and to improved quality of life, and to understand the welfare costs of inadequate or unreliable infrastructure, it is necessary to look at microeconomic evidence. Particularly interesting illustrations of these relationships are to be found in developing countries where there is wide variance in the availability and quality of infrastructure.

Author : Pierre-Richard Agénor
Publisher : World Bank Publications
Page : 59 pages
File Size : 31,8 MB
Release : 2006
Category : Children
ISBN :

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Abstract: This paper provides an overview of the various channels through which public infrastructure may affect growth. In addition to the conventional productivity, complementarity, and crowding-out effects typically emphasized in the literature, the impact of infrastructure on investment adjustment costs, the durability of private capital, and the production of health and education services are also highlighted. Effects on health and education are well documented in a number of microeconomic studies, but macroeconomists have only recently begun to study their implications for growth. Links between health, infrastructure, and growth are illustrated in an endogenous growth model with transitional dynamics, and the optimal allocation of public expenditure is discussed. The concluding section draws implications of the analysis for the design of strategies aimed at promoting growth and reducing poverty.

Author : Diery Seck
Publisher : Springer Nature
Page : 251 pages
File Size : 27,81 MB
Release : 2020-06-24
Category : Business & Economics
ISBN : 3030464822

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This book examines the impact of financing on Africa’s economic development. By exploring various financial instruments including the role of alternative sources of funding like migrant remittances and illicit flows, it analyses the role of financing for Africa’s macroeconomic development and other development indicators such as infrastructure, transport, global trade, industrialisation, social services, external indebtedness and governance. By presenting and examining case studies on various African countries and regions, the respective contributions investigate the capacity of institutions to facilitate and structure the economy’s funding activities, and to strengthen the ties between finance and development. Furthermore, they discuss various regional aspects, such as the integration of infrastructure, harmonization of fiscal policy, integration of financial markets, and the facilitation of intra-regional trade and movement of capital. Given its scope, the book will appeal to scholars of economics and development studies with an interest in the economic development of Africa.