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Voxi Heinrich Amavilah examines the factors and forces that explain the unexpectedly good performance of Sub-Saharan African countries just before the 2008 global recession, including newer technologies, globalization, governance, and conventional determinants of economic performance.

Infrastructure and Poverty in Sub-Saharan Africa analyzes the extent to which, how, and how fast the infrastructure needs of the poor have been met in Sub-Saharan Africa (SSA). Author Antonio Estache: Antonio Estache is Professor of Economics at Université libre de Bruxelles, Belgium, and a researcher at the European Centre for Advanced Research in Economics and Statistics, Belgium, and at the Centre for Economic and Policy Research, UK. Author Quentin Wodon: Quentin Wodon is an Adviser and Coordinator in the Education Global Practice at the World Bank.

Demographic Effects of Economic Reversals in Sub-Saharan Africa -- Copyright -- Preface -- Contents -- Executive Summary -- DIVERSITY OF ECONOMIC EXPERIENCES -- DATA AND METHODOLOGY -- HYPOTHESES -- FINDINGS -- 1 Introduction -- 2 Economic and Demographic Overview of Sub-Saharan Africa and the Seven Countries Studied -- ECONOMIC CHANGE IN SUB-SAHARAN AFRICA -- ECONOMIC EXPERIENCE OF THE SEVEN STUDY COUNTRIES -- DEMOGRAPHIC CHANGE IN SUB-SAHARAN AFRICA AND THE SEVEN STUDY COUNTRIES -- 3 Conceptual Framework and Hypotheses -- TYPES OF FLUCTUATIONS -- EFFECTS OF FLUCTUATIONS ON HOUSEHOLD RESOURCES -- EFFECTS OF CHANGES IN HOUSEHOLD RESOURCES ON DEMOGRAPHIC EVENTS -- SHORT-TERM VARIATION IN PREINDUSTRIAL EUROPE -- MEASURING SHORT-TERM VARIATION IN OTHER POPULATIONS -- THE RELEVANCE FOR AFRICA OF RESULTS FROM OTHER STUDIES -- 4 Methodology -- TYPES OF MODELS -- ECONOMIC VARIABLES AND SECULAR TRENDS -- CONTROL VARIABLES -- MEHTODOLOGY FOR ANALYSIS OF MARRIAGE AND BIRTHS -- METHODOLOGY FOR ANALYSIS OF CHILD MORTALITY -- HYPOTHESIS TESTING AND INTERPRETATION OF RESULTS -- 5 Country Results -- BOTSWANA -- Economic Experience -- Demographic Outcomes -- GHANA -- Economic Experience -- Independence Through 1974 -- 1974 to 1983 -- 1983 to 1988 -- Demographic Outcomes -- KENYA -- Economic Experience -- 1963 to 1973 -- 1973 to 1980 -- 1978 On -- Demographic Outcomes -- NIGERIA -- Economic Experience -- Demographic Outcomes -- SENEGAL -- Economic Experience -- Demographic Outcomes -- TOGO -- Economic Experience -- Demographic Outcomes -- UGANDA -- Economic Experience -- Demographic Outcomes -- 6 Cross-National Comparisons -- INFANT AND CHILD MORTALITY -- MARRIAGE -- FIRST BIRTH -- SECOND BIRTH -- CONCLUSION -- 7 Caveats and Conclusions -- APPENDIXES -- A Economic Data -- COUNTRY DATA -- Data on Gross Domestic Product, Terms of Trade, and Export Quantities -- GDP.

This study assesses the viability of relations between the US and sub-Saharan Africa by examining the trends of their political and economic cooperation. Given the high number of member states involved in this partnership, a strong alliance could influence good governance practices beyond their continents. The gist of their relationship challenges lies in claims by sub-Saharan states that the partnership is one-sided in favour of the US, turning the enterprise into a zero-sum game. For instance, the US insist on their partners to meet thresholds of 'good governance practices' as determined by the US itself. However, governance breaches are revealed from both sides. Data for this study were gathered from secondary and primary sources. The study concludes that the relationship is lukewarm due to mistrust, and this has led to the unsuccessful US involvement in sub-Saharan Africa.

Positive & negative developments that have influenced the security of sub-Saharan nations are examined. Whereas the spread of HIV/AIDS & inadequate food resources have impeded some sub-Saharan countries economic & social development, it is demonstrated that political violence has ravished the development of other countries throughout the region, eg, the Ivory Coast & Nigeria. Even though the Comprehensive Peace Agreement has temporarily stifled internecine conflict in Sudan's Darfur region, it is stressed that peace negotiations in Darfur are shaky & that multiple cross-border disputes further threaten regional security. Improvements to the South African National Defense Forces capabilities are noted, & the economic impact of sub-Saharan countries defense expenditures is pondered. Moreover, detailed information regarding two aspects of sub-Saharan nations defense capabilities -- the service organizations & their deployment -- is provided. Tables. J. W. Parker

It has often been argued that Africa in general, and Sub-Saharan Africa (SSA) in particular, is 'different' and that it therefore requires 'exceptional' solutions to its development problems. In contrast, in this paper we argue that strong internal heterogeneity combined with general trends similar to those experienced elsewhere in the world make local economic development (LED) as likely to succeed in SSA as in other low- and middle-income countries. The likelihood of success depends mostly on place-specific conditions. Many of the most prosperous parts of the continent already have the basic enabling conditions for the design and implementation of LED strategies in place. Less favourable resource endowments, poor accessibility, and relatively weak civil societies can undermine the viability of LED outside the wealthier and most prosperous areas. In smaller urban areas and intermediate regions and city-regions, which lack only a few of the basic preconditions for LED, further capacity building may still enable the success of the approach. In contrast, LED may not be relevant for the poorest and most remote parts of SSA, where existing conditions do not provide a strong enough base on which to build LED strategies.

AbstractThis study assesses the competitive environment and the determinants of the Sub-Saharan Africa commercial banking sectors. We used the Lerner index that is generally acknowledged as the best at estimating the bank level competition and the Generalised Method of Moments (GMM) to study 440 commercial banks for the period 2006 to 2015. We found a monopolistic competitive banking market. We also observed that competition is driven by the level of bank capital including some bank specific variables. Hence, we concluded that the banking market of the SSA region is contestable and competitive. As such, we recommend, among other things, that policy makers should device measures to ensure an ongoing competitive banking environment while stimulating other economic variables to complement this feat.

Low-income countries in sub-Saharan Africa present unique monetary policy challenges, from the high share of volatile food in consumption to underdeveloped financial markets. This title draws on the International Monetary Fund's research and practice to uncover how monetary policy in this region currently operates, and what changes should be made.

Cover -- Half Title -- Title Page -- Copyright Page -- Table of Contents -- List of tables -- About the author -- Foreword -- Acknowledgements -- Map of Sub-Saharan Africa -- 1. Introduction and recent economic developments -- 2. External trends -- Trade, regional co-operation and south-south linkages -- Aid, foreign debt and investment -- 3. Internal trends -- Governance, parastatal organizations, the business environment and the informal sector -- Civil strife -- Health, population and education -- The natural environment and climate change -- Physical infrastructure, the structure of the economies and employment -- Agriculture, food security and the urban bias -- 4. The way forward: A transformation? -- Appendix -- Bibliography -- Index.

Cover -- Contents -- Abbreviations -- Acknowledgments -- Executive Summary -- 1. Slow Recovery amid Growing Challenges -- Macroeconomic Developments -- Challenges and Risks -- Policies -- References -- 2. Domestic Revenue Mobilization in Sub-Saharan Africa: What Are the Possibilities? -- Trends in Revenue Mobilization in Sub-Saharan Africa -- Structural Factors Affecting Tax Effort and Potential -- Lessons from Successful Revenue Mobilization Episodes -- Conclusions and Policy Implications -- References -- 3. Private Investment to Rejuvenate Growth -- Private Investment Trends -- Determinants of Private Investment Ratios -- Alleviating Constraints to Private Investment -- Conclusions and Policy Recommendations -- References -- Statistical Appendix -- Publications of the IMF African Department, 2012-18 -- Boxes -- 1.1. Grappling with Rising Insecurities in the Sahel Region -- 1.2. Regional Spillovers: A Steady Strengthening of Diverse Linkages -- 1.3. African Continental Free-Trade Area (AfCFTA) Agreement: What to Expect -- 1.4. CEMAC: Implementation of the Regional Economic Strategy and Road Ahead -- 1.5. Protecting Social Spending in IMF-supported Programs -- 2.1. Looking ahead: Digital Revenue Mobilization -- 2.2. Modeling the Economic Impacts of Revenue Mobilization in Resource-Rich Sub-Saharan African Countries -- 3.1. Policy Reform and Private Investment Growth -- 3.2. Public Investment Efficiency in Sub-Saharan Africa -- 3.3. Developing Domestic Debt Markets in Sub-Saharan Africa -- 3.4. Fintech in Sub-Saharan Africa -- Tables -- 2.1. Sub-Saharan African Revenue Mobilization Episodes: Background Information -- 2.2. Sub-Saharan African Revenue Mobilization Episodes: Timeline of Tax Policy and Administrative Reforms