Financing Human Development in Africa, Asia and the Middle East

image of Financing Human Development in Africa, Asia and the Middle East
This book assesses feasible financing strategies for policymakers to follow in pursuance of human development, taking as reference the United Nations' Millennium Development Goals (MDGs) and their achievement by 2015. These strategies are analyzed in the context of broader concerns of economic development with special reference to nine countries from Africa, Asia and the Middle East; that is, how to make macroeconomic policies support more effectively sustained growth while reducing widespread poverty and inequalities and other human development gaps in low- and middle-income countries, especially in times of global economic crises or external shocks. In this sense, this book adds new evidence regarding the social deficits in these countries and suggests policy options to overcome them.




The Ugandan economy underwent major structural change over the past two decades. Growth of income per capita began to accelerate in the late 1980s and has since outpaced that of most countries in Africa. Uganda’s post-war macroeconomic reform programme exceeded all expectations in supporting economic growth and poverty reduction, as compared with other post-conflict recoveries. These reforms have reduced barriers to trade and liberalised prices and markets previously subject to state control. Improved management of monetary and fiscal policy helped achieve macroeconomic stability and paved the way for debt relief under the Heavily Indebted Poor Country (HIPC) initiative.


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error