Innovative Financing for Development: Opportunities and Policy Options for Africa.




Nombre de page : 0

Date de publication : 30-11--0001

Edition : Non défini

Auteur : ired.org

Type : Ouvrages

Theme :


"The central role finance plays in development is well-known in the development literature. So too are the challenges African countries face in mobilizing internal and external financial resources to transform the structure of their economies, unleash high and sustained levels of economic growth, create jobs and achieve their development potential. Indeed, mobilizing domestic and external finance is critical to Africa's investment needs. Hence, the need for African countries to raise sufficient financial resources to accelerate and sustain growth and achieve their development goals, including the Millennium Development Goals (MDGs), has been widely acknowledged in various circles. However, over the years, the existing traditional sources of finance both domestic and external -have proved inadequate in satisfying these financial requirements. For example, the 2010 World Bank Africa Infrastructure Country Diagnostics Report estimates Africa needs more than $90 billion annually to develop its infrastructure, but has managed to raise only about half of that mostly from domestic sources........"\r\n\r\n"International Development-Innovative Financing for Development"\r\n\r\ndd

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