Economic Report on Africa 2008: Africa and the Monterrey by United Nations

By United Nations

We're now halfway among the adoption of the MDGs and the 2015 goal date and to be had facts exhibits that African nations won't meet the ambitions if present financing developments proceed. accordingly, the foreign neighborhood has now concentrated awareness on find out how to scale up financing for the continent. it's been said that the implementation of the commitments within the Monterrey Consensus is important to attaining this target. therefore the subject of Africa and the Monterrey Consensus: monitoring functionality and development used to be selected for monetary record on Africa 2008, that is the second one document produced in collaboration among the United international locations financial fee for Africa and the African Union fee.

Show description

Read Online or Download Economic Report on Africa 2008: Africa and the Monterrey Consensus - Tracking Performance and Progress PDF

Similar encyclopedias & subject guides books

The Law in Plain English for Crafts

• the full source for craftspeople who're additionally enterprise humans• specialist suggestion from a pioneer in artwork legislation this is the definitive advisor for craftspeople who are looking to effectively take on the company and criminal concerns they face on a daily basis. motives of recent legislation plus a dialogue of recent company varieties this type of s restricted legal responsibility businesses carry this crucial quantity brand new.

Towards Coherent Policy Frameworks: Understanding Trade and Investment Linkages

As monetary integration maintains, the excellence among family and foreign matters turns into extra tenuous. bettering coordination and coherence between overseas alternate, funding and family regulations is of accelerating value for constructing nations of the Asia-pacific zone to compete successfully and take advantage of globalization.

Revenue Statistics 2008: Special feature: Taxing Power of Sub-central Governments

###############################################################################################################################################################################################################################################################

Extra info for Economic Report on Africa 2008: Africa and the Monterrey Consensus - Tracking Performance and Progress

Example text

Key constraints to growth include the massive global macroeconomic imbalances as well as record high oil prices that undermine growth in both developed and developing countries, through high production costs. Some positive developments in the world economy are likely to sustain growth in African countries, especially through the high demand for African export commodities and the relatively low costs of external borrowing. Rising inflows of foreign direct investment (FDI) are still dominated by resource extraction but they have started to diversify.

These FDI flows are mostly in the Developments in the World Economy and Implications for Africa 31 China has stepped up its aid mostly in the form of technical assistance, including training in Chinese institutions natural resource and services sectors. In North Africa, Egypt has the largest outward investment. In 2004, ten South African firms were among the world’s top 100 nonfinancial transnational companies from developing countries. Their operations range from mining to chemicals, metals and paper to retail, telecoms, media and transportation.

The share of Asia declined slightly in 2006 for the first time since 2000. Net inward FDI to China also declined for the first time by 4 per cent in 2006, due to a large increase in outflows. FDI to Africa increased by 20 per cent in 2006, which is in line with the increase for developing countries on average, leaving its share in world investment almost unchanged. ) A recent development with important implications for Africa is the large increase in FDI originating from the South A recent development with important implications for Africa is the large increase in FDI originating from the South, which increased from just 5 per cent of world outward flows in 1990 to 17 per cent of the total in 2005.

Download PDF sample

Rated 4.59 of 5 – based on 10 votes