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New Partnership for Africa's Development
			: Macroeconomics, Institutions, and Poverty

New Partnership for Africa's Development : Macroeconomics, Institutions, and Poverty »

Series: Seminar Volumes

Author(s): Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2004

DOI: http://dx.doi.org/10.5089/9781589062627.072

ISBN: 9781589062627

Keywords: regional integration, fdi, corporate governance, direct investment, foreign direct investment

Adopted in 2001, the New Partnership for Africa's Development (NEPAD) represents a new vision to place African countries on a path toward poverty reduction, sustainable growth, and full integration in the world eco...

1 Introduction: NEPAD—A New Vision

1 Introduction: NEPAD—A New Vision »

Source: New Partnership for Africa's Development : Macroeconomics, Institutions, and Poverty

Series: Seminar Volumes

Author(s): Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2004

ISBN: 9781589062627

Keywords: regional integration, fdi, corporate governance, direct investment, foreign direct investment

What will determine the success of the New Partnership for Africa’s Development (NEPAD)? Which policies and measures envisaged under NEPAD need to receive highest priority? Who should be responsible for whic...

2 Opening Remarks

2 Opening Remarks »

Source: New Partnership for Africa's Development : Macroeconomics, Institutions, and Poverty

Series: Seminar Volumes

Author(s): Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2004

ISBN: 9781589062627

Keywords: regional integration, fdi, corporate governance, direct investment, foreign direct investment

Welcoming Address, Saleh M. Nsouli On behalf of the International Monetary Fund, it is a great pleasure to welcome you to this high-level seminar on the New Partnership for Africa’s...

3 Keynote Address

3 Keynote Address »

Source: New Partnership for Africa's Development : Macroeconomics, Institutions, and Poverty

Series: Seminar Volumes

Author(s): Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2004

ISBN: 9781589062627

Keywords: regional integration, fdi, corporate governance, direct investment, foreign direct investment

This high-level seminar on the New Partnership for Africa’s Development (NEPAD) deals with an especially topical issue at a time when the courageous people of Africa are making enormous sacrifices to free th...

4 The New Partnership for Africa’s Development: Opportunities and Challenges

4 The New Partnership for Africa’s Development: Opportunities and Challenges »

Source: New Partnership for Africa's Development : Macroeconomics, Institutions, and Poverty

Series: Seminar Volumes

Author(s): Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2004

ISBN: 9781589062627

Keywords: regional integration, fdi, corporate governance, direct investment, foreign direct investment

The New Partnership for Africa’s Development (NEPAD), adopted in 2001, is a pledge by African leaders to eliminate poverty and to achieve a sustainable path of growth and development on the continent. Althou...

5 Poverty and Its Eradication

5 Poverty and Its Eradication »

Source: New Partnership for Africa's Development : Macroeconomics, Institutions, and Poverty

Series: Seminar Volumes

Author(s): Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2004

ISBN: 9781589062627

Keywords: regional integration, fdi, corporate governance, direct investment, foreign direct investment

Eradication of absolute poverty was the overarching objective of policymakers in most of the developing countries that achieved political independence after the Second World War. They were determined to corr...

6 Promoting Trade: Regional Integration and the Global Economy

6 Promoting Trade: Regional Integration and the Global Economy »

Source: New Partnership for Africa's Development : Macroeconomics, Institutions, and Poverty

Series: Seminar Volumes

Author(s): Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2004

ISBN: 9781589062627

Keywords: regional integration, fdi, corporate governance, direct investment, foreign direct investment

One of the important characteristics of evolving globalization is the marked increase in world output and trade. Rapid global integration has led to significant economic expansion, notably in industrialized...

7 Policy Reform and Foreign Direct Investment in Africa: Absolute Progress but Relative Decline

7 Policy Reform and Foreign Direct Investment in Africa: Absolute Progress but Relative Decline »

Source: New Partnership for Africa's Development : Macroeconomics, Institutions, and Poverty

Series: Seminar Volumes

Author(s): Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2004

ISBN: 9781589062627

Keywords: regional integration, fdi, corporate governance, direct investment, foreign direct investment

Foreign direct investment (FDI) in Sub-Saharan Africa increased substantially in the 1990s. However, the rate of increase was meager compared with that in other regions. As shown in Table 7.1, for example, b...

8 The NEPAD Economic and Corporate Governance Initiative: Building Institutions for Sustainable Development

8 The NEPAD Economic and Corporate Governance Initiative: Building Institutions for Sustainable Development »

Source: New Partnership for Africa's Development : Macroeconomics, Institutions, and Poverty

Series: Seminar Volumes

Author(s): Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2004

ISBN: 9781589062627

Keywords: regional integration, fdi, corporate governance, direct investment, foreign direct investment

At the summit of the Organization for African Unity held in Lusaka, Zambia, in July 2001, the African heads of state and of government adopted the New Africa Initiative, a merger of the previous Millennium P...

9 The Role of Regional Institutions in Achieving NEPAD’s Goals

9 The Role of Regional Institutions in Achieving NEPAD’s Goals »

Source: New Partnership for Africa's Development : Macroeconomics, Institutions, and Poverty

Series: Seminar Volumes

Author(s): Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2004

ISBN: 9781589062627

Keywords: regional integration, fdi, corporate governance, direct investment, foreign direct investment

Let me start by touching upon a number of salient features of NEPAD, which the African authorities have identified as crucial for jointly addressing the growing underdevelopment of Africa. Next, I want to sh...