Improving governance is recognized as a priority concern of all societies. It is more the case today because of heigh - tened economic competition and increased risks posed by the mismanagement of government revenues. A focus on governance includes government authorities, as well as those outside...

Policies to move African economies from growth to transformation are urgently needed, but are they feasible, given typical political-economic constraints? Drawing on a multidisciplinary literature, this paper warns against the twin errors of ignoring such constraints and treating them as...

Institutions and governance capabilities are important determinants of the path and pace of development. Institutions are rules that describe how resources are allocated or choices and decisions are made, while governance capabilities describe how power and authority are used to enforce or ensure...

The theme of this issue is “The High 5s – Tourism as a Pathway to Industrialization, Integration, Quality of Life, Agriculture, and Powering Up Africa”. The wide range of topics examined in this issue include subjects such as hotel pipeline developments and investments, balancing wildlife...

The development of infrastructure in Africa is critical for fostering economic growth and improving the living standards of Africans. It contributes significantly to human development, poverty reduction, and the attainment of the Sustainable Development Goals (SDGs). Investment in infrastructure...

The African Development Bank Group is the continent’s foremost multilateral development finance institution. It was established in 1964 to fight poverty and promote sustainable economic growth and social progress in Africa. By the end of 2018, it had cumulatively approved 5,869 investments worth...

Ce rapport intitulé « Dimensions de la pauvreté et du genre aux Comores » a été préparé conjointement par le Département des Statistiques (ECST), le Bureau de la Coordination, de la Gouvernance et la Gestion Financière Publique (ECGF) et le Département du Genre, des Femmes et de la...

Theories of economic development should be based on a general understanding of how communities have been organized in traditional societies. For such a foundation, we consider some insightful observations about traditional autonomous villages and feudal manors by Henry Sumner Maine, a 19thcentury...

Most recessions are a result of some shock to the economic system, typically amplified by financial accelerators, and leading to large balance sheet effects of households and firms, which result in the effects persisting. But, over time, the balance sheets get restored. Even banks recover. But...