Southern Africa suffers from disproportionately expensive capital which denies the region its full growth potential. This book presents ideas and proposals for reducing the cost of capital in the region.

South Africa experienced a momentous change of government from the Apartheid regime to its first democratic government in 1994. This book provides an up-to-date and comprehensive assessment of South Africa's economic policies and performance under democracy. The book includes a stand-alone introduction and economic overview, as well as chapters on growth, monetary and exchange rate policy and fiscal policy, on capital flows and trade policy, on investment and industrial and competition policy, on the effect of AIDs in the macroeconomy, and on unemployment, education and inequality and poverty. Each chapter, and the overview chapter in particular, also addresses prospects for the future.

The Global Financial Crisis of 2007-2009 has highlighted the resilience of the financial markets and economies from the developing world. This title investigates and assesses the impact and response to the crisis from an emerging markets perspective including asset pricing, contagion, financial intermediation, market structure and regulation.

By analysing investment flows and examining the role of foreign direct investment in key industries, this book examines why Southern Africa has not become a magnet for FDI and what it needs to do to attract more investment.

"Since 1994, South Africa firms have emerged as some of the largest investors in the rest of Africa. Present in a wide range of sectors across the continent, they have been involved in changing not only Africa's cityscapes and societies, but also, significantly, the conduct of business in the region. This volume draws together authors from different parts of the world who are keenly interested in the development of Africa's private sector. Based in part on the research that the South African Institute of International Affairs (SAIIA) has conducted on the experiences of South African companies in 9 countries across the continent, the volume takes as its standpoint the view that sustainable development in Africa can only be achieved if the private sector is allowed to flourish. Highlighting the importance of public-private partnership in achieving this vision, it offers recommendations on how to strengthen the private sector in Africa for policy-makers interested in the continent's development."--P. [4] of cover.

The OECD’s relations with Africa have been strengthened since the launching of NEPAD and the contacts organised in May 2002 between the Ministers of OECD Member countries and their colleagues on the African Union/NEPAD Steering Committee. As a ...