The challenge of increasing savings and boostine productive investment
- Author: United Nations Conference on Trade and Development
- Main Title: Economic Development in Africa 2007 , pp 33-56
- Publication Date: October 2007
- DOI: https://doi.org/10.18356/7be77f99-en
- Language: English
Achieving high and sustainable levels of investment needed for Africa’s development will require a more balanced combination of foreign and domestic resources than has been the case until now. It is expected that more reliance on domestic resources will give countries more policy space to implement strategies that reflect their development priorities, unlike past strategies, which were donor driven. After all, African leaders are answerable to Africans, albeit imperfectly, but donors are not. The resulting increase in ownership of the development agenda should boost the efficiency of development strategies if they focus on those sectors where investment is most productive.
© United Nations
ISBN (PDF):
9789211560657
Book DOI:
https://doi.org/10.18356/fcb9b895-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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