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Economic Report on Africa 2006

Capital Flows and Development Financing in Africa

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Capital flows to Africa in the form of aid, remittances and foreign direct investment have increased considerably over the past four years. However, they are unevenly distributed among countries. In addition, capital flows to Africa are highly volatile and unpredictable, increasing macroeconomic uncertainty and undermining government's ability to design and sustain long-term development plans. The 2006 edition of the Report places capital flows at the centre of the debate on development financing and examines how external capital can help countries accelerate growth and reduce poverty.

Details:

Agency/Department
UN/Economic Commission for Africa
Print ISBN
9789211251036
PDF ISBN
9789210598842
Print Publication Date
PDF Publication Date
Page Count
218
Print Sales Number
06.II.K.3
Series Title
Economic Report on Africa

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