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Growth and Development

2016

African development bank

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Full-Text Articles in Political Science

The State Of African Economy And A Way Forward, Florian Cyril Mshanga Oct 2016

The State Of African Economy And A Way Forward, Florian Cyril Mshanga

Young African Leaders Journal of Development

The current emerging market downturn in economic powerhouses like China, has already negatively affected African economic growth. For resource-rich countries, it is a chance to improve their public investment management (PIM) system, which could help boost growth; although from experience drawn, Sub-Saharan oil resourced countries on average score lower in PIM, reflecting weak administrative capacity and low transparency in the use of public resources, especially at the project appraisal and evaluation stages of the PIM process. Countries that have successfully diversified their economies will suffer less than those that have not and they will enjoy less stress than countries depending ...