Financing Africa’s Development

Diery Seck's volume looks at how different forms of finance shape the economic progress of African nations. Alongside conventional funding, it considers money that moves through migrant remittances and illicit flows, and asks how each contributes to the continent's development. The chapters trace how these financial channels affect broad macroeconomic performance as well as infrastructure, transport, international trade, industrial growth, social services, the burden of external debt and the quality of governance.

Drawing on case studies of individual African countries and wider regions, the contributors assess how well institutions can organise and direct the flow of funding through an economy, and how firmly finance can be tied to development outcomes. Regional questions also receive attention, including the joining up of infrastructure networks, the alignment of fiscal policies, the integration of financial markets, and measures that make trade between neighbouring countries and the movement of capital easier.

The book is aimed at economists and development specialists who study the economic development of Africa.