Description
Book SynopsisAfrica is home to many of the world''s fastest-growing economies. This powerful book traces new continental institutions for development and their capacity to affect economic growth, regional integration, and international cooperation in Africa. It also assesses Africa''s ability to achieve the Sustainable Development Goals and the African Union''s Agenda 2063. As the continent''s most ambitious development initiative since independence, the African Union Development Agency (or AUDA, previously known as the New Partnership for Africa''s Development or NEPAD) provides an excellent case study for examining how an African-based, continent-wide development institution emerged. Inspired by the ideas of Pan-Africanism and the African renaissance, NEPAD was created to bring Africa into the globalizing world, to close the gap between developing and developed countries, to enhance economic growth, and to eradicate poverty. Almost two decades after NEPAD''s creation and given its transformation
Trade Review'… a book for policymakers that would also be helpful to students and scholars with a working knowledge of the African Union.' Ben Jones, African Studies Review
Table of ContentsIntroduction: the African Union Development Agency and Africa's transformation in the twenty-first century: innovation or continuity?; 1. An analytical framework to explain the origin, development, and effects of AUDA; 2. The foundations and first generations of structural adjustment programs; 3. Partial reorientation of the International Monetary Fund and World Bank discourse and the creation of AUDA; 4. AUDA and international financial institutions: change or continuity?; 5. AUDA in the twenty-first century: evolution, implementation of key programs, institutional development, and inter-state coperation; 6. Financing Africa's development in the twenty-first century: assessment and perspectives of AUDA's resource mobilization strategy; 7. The way forward to transforming Africa by 2030/2063: resource mobilization, financing, and capacity-building strategies for effective delivery of the sustainable development goals and the African Union Agenda 2063; Conclusion: continental development fifteen years after the creation of AUDA: theoretical and practical implications.
