The Political Economy of South Africa's Relations with the International Monetary Fund and the World Bank
Author: Anthony Leysens
Publisher:
Published: 1994
Total Pages: 166
ISBN-13:
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Author: Anthony Leysens
Publisher:
Published: 1994
Total Pages: 166
ISBN-13:
DOWNLOAD EBOOKAuthor: Mzukisi Qobo
Publisher: Springer Nature
Published: 2021-11-03
Total Pages: 258
ISBN-13: 3030864103
DOWNLOAD EBOOKThis book offers a rich perspective on Africa’s agency in the changing global order marked by intense geopolitical contestations. It discusses ways in which the African continent has been on the margins of the global economic system because of the actions of major powers and Africa’s own leaders, and how this legacy can be overcome. The book covers an uncharted ground in analyzing the intersection between geopolitical rivalry, digital futures, and Africa’s place in the world. This text makes a clarion call for African leaders and citizens to define better development pathways for the continent through insisting on ethical and transformation leadership as well as building credible institutions that are inclusive. This, according to the author, will ensure a sounder basis for Africa’s positive agency. Further, the book makes a strong case for structural transformation that is innovation-led, and that African decision-makers should leverage US-China rivalries to achieve Africa’s own development interests.
Author: Patrick Bond
Publisher: Palgrave Macmillan
Published: 2003
Total Pages: 356
ISBN-13: 9781842773932
DOWNLOAD EBOOKIn 'Against Global Apartheid', Patrick Bond reveals the extent of the economic and human damage caused by policies implemented by World Bank and the IMF in developing countries, particularly South Africa, and argues that there is another way to more socially just economic development.
Author: Tukumbi Lumumba-Kasongo
Publisher: Bloomsbury Publishing USA
Published: 1999-01-30
Total Pages: 145
ISBN-13: 0313370605
DOWNLOAD EBOOKInternational relations at large and Africa's in particular are shaped by the actors' historical location, by what they offer economically and culturally, and by who they are socially. In international relations nations tend to deal with objective conditions as they are or as they are perceived. However, Lumumba-Kasongo demonstrates through case-studies of Liberia and Zaire/Congo that what the objective conditions are may not necessarily be what they ought to be in the national development process. The international struggle for power between the West and the East and their supportive brutal and oppressive states in the South, especially in Africa, created the extremely weak conditions that redefined international relations as the tools of domination, rather than the tools of understanding and cooperation. As Lumumba-Kasongo clarifies, Africa did not gain economically or developmentally from this struggle. An important work for scholars and researchers of contemporary Africa and international relations in general.
Author: Jonathan Michie
Publisher: Cengage Learning
Published: 1997
Total Pages: 276
ISBN-13:
DOWNLOAD EBOOKThe Political Economy of South Africa's Transition provides the basis for a critical examination of the recent history and politics of the process of economic policy formulation in South Africa.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Published: 2020-01-30
Total Pages: 38
ISBN-13: 1513528513
DOWNLOAD EBOOKThis Selected Issues paper studies the growth-inflation trade-off of monetary policy in South Africa. The combination of low growth and stubbornly high inflation expectations for a protracted period has complicated monetary policy decisions. The IMF staff analysis contributes to the ongoing growth-inflation trade-off discussion in South Africa, concluding that there is limited growth trade-off of monetary policy efforts to anchor inflation expectations at a lower level at present. The findings in this note suggest that the South African Reserve Bank should continue its efforts of anchoring inflation and inflation expectations at a lower level because monetary policy lends limited support to growth dampened by structural issues. During the 2010s, domestic demand growth responded little to monetary policy action. The environment of weak growth, low interest rates, and relatively moderate inflation (expectations) could have muted monetary policy transmission. Ultimately, the constraints to economic growth need to be removed. Meanwhile, inflation expectations continue to respond to monetary policy action albeit to a lesser extent. Monetary policy transmission through demand has weakened––demand growth does not systematically respond to monetary policy action nor does core inflation––but the exchange rate and credibility channels appear to remain operational.
Author: Stephen Wright
Publisher: Routledge
Published: 2018-02-22
Total Pages: 243
ISBN-13: 0429982151
DOWNLOAD EBOOKThis volume of thirteen original essays provides a timely analysis of African foreign policies in a post–Cold War environment where African marginalization from the global economy appears to be increasing. Three thematic essays give an overview of critical changes occurring in African foreign policies, and ten country-by-country case studies provide specific analyses of decisionmaking, intraregional relations, and the struggles over policy with external agencies, including the World Bank and the International Monetary Fund. African Foreign Policies offers explanations for how African states are adapting to the international challenges of the late twentieth century.
Author: Toivo Miljan
Publisher: Peterborough, Ont. : Broadview Press
Published: 1987
Total Pages: 726
ISBN-13:
DOWNLOAD EBOOKAuthor: Ngaire Woods
Publisher: Cornell University Press
Published: 2014-10-03
Total Pages: 266
ISBN-13: 0801456029
DOWNLOAD EBOOK"The IMF and the World Bank have integrated a large number of countries into the world economy by requiring governments to open up to global trade, investment, and capital. They have not done this out of pure economic zeal. Politics and their own rules and habits explain much of why they have presented globalization as a solution to challenges they have faced in the world economy."—from the Introduction The greatest success of the International Monetary Fund and the World Bank has been as globalizers. But at whose cost? Would borrowing countries be better off without the IMF and World Bank? This book takes readers inside these institutions and the governments they work with. Ngaire Woods brilliantly decodes what they do and why they do it, using original research, extensive interviews carried out across many countries and institutions, and scholarship from the fields of economics, law, and politics. The Globalizers focuses on both the political context of IMF and World Bank actions and their impact on the countries in which they intervene. After describing the important debates between U.S. planners and the Allies in the 1944 foundation at Bretton Woods, she analyzes understandings of their missions over the last quarter century. She traces the impact of the Bank and the Fund in the recent economic history of Mexico, of post-Soviet Russia, and in the independent states of Africa. Woods concludes by proposing a range of reforms that would make the World Bank and the IMF more effective, equitable, and just.
Author: Ben Fine
Publisher: Routledge
Published: 2018-02-12
Total Pages: 288
ISBN-13: 0429964552
DOWNLOAD EBOOKDemocratization in South Africa has been accompanied by continuing and even deepening economic inequalities. Rather than proposing a blueprint for a more equable economic system, this book presents the results and implications of wide-ranging research on the history and current dynamics of the South African economy over the past fifty years. The authors analyze a range of strategic economic trajectories, linking these to the shifting balance of economic and political power, and they set the parameters within which the economic and political debates are conducted. }The acclaim with which democratization in South Africa has been greeted has been tempered by the recognition that there are at the same time continuing and even deepening economic inequalities. This is more disturbing given the extreme economic disparity experienced by much of the black population, the retreat from commitments to public ownership enshrined in the Freedom Charter, the unambiguous safeguarding of private capital, and the obstacles placed in the way of progressive economic policies by business interests and the entrenched apartheid-era bureaucracy. Rather than proposing a blueprint for a more equable economic system, this book presents the results and implications of detailed and wide-ranging research on both the history and current dynamics of the South African economy, from the Second World War to the present. The authors analyze a range of strategic economic trajectories, linking these to the shifting balance of economic and political power in South Africa. But their approach is not prescriptive; instead they set the parameters within which the economic and political debates are conducted. They also discuss the theoretical arguments involved in the propositions that they and others have put forward. The books value is enhanced by the comprehensiveness of the data presented, and each chapter is self-contained so that particular topics can be studied separately.