The challenge of African development Book

As Africa enters the 21st century, it is facing perhaps the most daunting development challenge of any region in the world. For most African countries, the post-independence period has been marked by far-reaching political, social and economic change and, in many instances, by severe political and social turbulence. While there have been encouraging cases of success, the overall development record of the continent is disappointing - nearly half the continent's population live in absolute poverty and that number is rising. This book examines these issues by addressing major themes such as poverty reduction, economic reform, regional integration, globalization, private sector development, good governance, rural transformation, NEPAD, debt and debt reduction, the role of the African Development Bank in the development of regional member countries and the efforts of the Bank in enhancing the development effectiveness of its operations.