The African Economy
Policy, Institutions and the Future

This book outlines and dicusses the multiple economic challenges that Africa faces as it is entering the new millenium.

Dr Steve Kayizzi-Mugerwa is Associate Professor at Goteborg University, Sweden and has worked for the African Development Bank. His current research focuses on privatization and market development. Wilfred Aboum-Ongaro, United Nations Economic Commission for Africa, Addis Ababa, Ethiopia; Renato Aguilar, Gothenberg University, Sweden; Arne Bigsten, Gothenberg University, Swe

Notes on Contributors Preface 1. Introduction Steve Kayizzi-Mugerwa Part I: Policy 2. Looking for African
Tigers Arne Bigsten 3. Investment, Macroeconomic Policies and Growth Kupukile Mlambo and Temitope W. Oshikoya 4. Aid and Economic Reform Howard White 5. Aid-constrained Trade Reform in Kenya Jorgen Levin 6. Monetary Policy Effectiveness in Zambia Abraham Mwenda 7. Minimum Wages and Trade Regimes: CGE Results for Zimbabwe Ramos Mabugu and Margaret Chitiga Part II: Institutions 8. Financial Institutions and Mobilisation of Resources for Development Victor Murinde 9. Institutions and Rural Development in Uganda: Issues Arising
John Ddumba-Ssentamu 10. Building African Institutions: Learning From South Asia Mariam S. Pal 11. Market
Power and Productivity in Zimbabwean Manufacturing Kupukile Mlambo and Thomas Sterner 12. Regionalism in African Development Peter Kimuyu 13. Transforming Economic and Political Structures for Growth: The Zambian Experience Manenga Ndulo 14. The Other Africa: Economic Development in Lusophone Countries Renato Aguilar Part III: The Future 15. The New South Africa: Growth or Stagnation? Mats Lundahl 16. The Political Economy of the Horn of Africa Gote Hansson 17. Agriculture, Policy Impacts and the Road Ahead Wilfred Aboum-Lufumpa 19. Privatisation and Market Development Steve Kayizza-Mugerwa