The New International Financial Architecture and Africa
33 Pages Posted: 2 Feb 2006
Date Written: September 2001
Abstract
The new international financial architecture can help African countries benefit from globalization, while minimizing the risks, and foster an environment conducive to increased domestic investment and higher sustained growth. This paper highlights the progress that African countries have made in several areas of the new architecture, but it also underscores the considerable way that these countries must go to meet the requirements of the new architecture.
Keywords: Africa, globalization, international financial architecture
JEL Classification: F02, F3
Suggested Citation: Suggested Citation
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