Financing Development in Africa: Trends, Issues and Challenges

Patrick N. Osakwe and Hakim Ben Hammouda ()

MPRA Paper from University Library of Munich, Germany

Abstract: Access to finance is critical to successful development in Africa. This paper presents recent trends in various aspects of development finance and provides a critical assessment of the costs of meeting the Millennium Development Goals in the region. It also examines recent proposals for financing the MDGs. Furthermore, it examines the key international commitments made to Africa as well as the extent to which donors have fulfilled these commitments. Finally, it examines issues and challenges arising from recent initiatives on aid and debt.

Keywords: Development; Finance; MDGs; Africa; Trends (search for similar items in EconPapers)
JEL-codes: O1 (search for similar items in EconPapers)
Date: 2006-12
New Economics Papers: this item is included in nep-afr and nep-dev
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:1815

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