Development Economics and Finance in Africa

Households, Firms and Government
1. Auflage 2026
ISBN: 978-1-032-95962-7
Verlag: Taylor & Francis Ltd

Buch, Englisch, 378 Seiten, Format (B × H): 156 mm x 234 mm, Gewicht: 706 g

Reihe: Routledge Studies in Development Economics

Development economics deals with economic aspects of the development process in low- and middle-income countries, including promoting economic growth and structural change, as well as improving the potential for the mass of the population, whether through public or private channels. Development finance
focuses on structuring and reforming the financial system in ways that promote growth and development both at the macro and micro levels in developing and emerging economies. These two areas are very much related, as they focus on the paths of growth and development in developing and emerging economies.

This book offers an extensive examination of development economics and finance issues, with a specific focus on Africa. It highlights emerging trends, identifies gaps in knowledge, and explores opportunities to advance research in and on Africa and promote sustainable and inclusive development. It encompasses a wide range of subjects and focuses on state-of-the-art research on major development
issues to ensure a contribution to contemporary literature and development policy in Africa. The book showcases pioneering research and perspectives from leading international and local researchers, emphasising global viewpoints and comparative analysis. These areas are crucial to economic growth and development, have important policy implications for governments and other stakeholders
in Africa, and are relevant to developing economies more broadly.

This book offers practical guidance for policymakers, researchers, and other stakeholders involved in development issues, using case studies and reviews of empirical evidence. It serves as a valuable resource for anyone seeking to deepen their knowledge and understanding of development economics and development finance in today’s complex and rapidly changing global economy.

Joshua Yindenaba Abor is Financial Economist and Professor of Finance with expertise in development finance and economics research, as well as in senior level policy roles. He is a member of the Monetary Policy Committee of the Bank of Ghana.

Oliver Morrissey is Professor of Development Economics and Director of CREDIT, School of Economics, University of Nottingham, and a Managing Co-Editor of the Journal of Development Studies.

Abbi M. Kedir is Director of Research, African Economic Research Consortium (AERC), based in Nairobi, Kenya.

Zielgruppe

Postgraduate

Autoren/Hrsg.

Abor, Joshua Yindenaba

Morrissey, Oliver

Kedir, Abbi M.

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Entwicklungsökonomie & Emerging Markets
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Geowissenschaften Umweltwissenschaften Nachhaltigkeit

Inhaltsverzeichnis

1 Introduction to Development Economics and Finance in Africa

JOSHUA YINDENABA ABOR, ABBI M. KEDIR, AND OLIVER MORRISSEY

PART I
Households and Firms

2 Employment, Poverty, and Inequality in Africa

GLORIA AFFUL-MENSAH

3 Microfinance for Households

DANIEL OSARFO, LWANGA ELIZABETH NANZIRI, AND PETER QUARTEY

4 Finance and SME Development in Africa: New Approaches

GEORGE NANA AGYEKUM DONKOR, JOHN KWAKU DARKO OKRAH,
AND DIMY DORESCA

5 Between Global Frustrations and Continental Aspirations: Rethinking Regional Integration in Africa
ANDREW MOLD

6 Trade Costs and Performance of Firms

ABDOULAYE SECK AND FESTUS EBO TURKSON

PART II
Public Finance

7 Taxation and Government Spending in Sub-Saharan Africa

ABRAMS TAGEM AND OLIVER MORRISSEY

8 Tax Modelling and Distribution

ABDUL MALIK IDDRISU, MARTIN MIKLOŠ, DAVID PHILLIPS, AND EDWARD ABROKWAH

9 Tax Behaviour and Compliance

ADRIENNE LEES AND GIULIA MASCAGNI

10 Debt Sustainability and Management in Africa

JEPHTHAH OWUSU OSEI, RAYMOND BOUMBOUYA, AND FELIX OPPONG

PART III
Financing for Development

11 Reforms of Domestic Financial Systems

EBENEZER BUGRI ANARFO, ZAKARI MUMUNI, AND CHRISTOPHER J. GREEN

12 Digital Finance, Financial Inclusion, and Economic Development  AYSE DEMIR, JOSEPH MUNIU, AND PETER MURIU

13 Project and Infrastructure Finance for Development: Theory and Evidence

PAUL GBAHABO, GEORGE NANA AGYEKUM DONKOR, AND JOHN MACOMBER

14 Financing Sustainable Development in Africa

LORDINA AMOAH, STÉPHANIE GIAMPORCARO, AND XOLISA DHLAMINI

15 The Role of Development Finance Institutions in Climate Action

JOSHUA YINDENABA ABOR AND ABBI M. KEDIR

16 Emerging Issues in Development Banking in Africa
DANIEL OFORI-SASU, KANAYO AWANI, ANTHONY KYEREBOAH-COLEMAN,
AND MACDONALD GOANUE

17 Global Financial Architecture and Africa’s Economic
Development
DANIEL OFORI-SASU, JOSHUA YINDENABA ABOR, VICTOR MURINDE,
AND ABBI M. KEDIR

Index

Über Autor(innen)

Joshua Yindenaba Abor is Financial Economist and Professor of Finance with expertise in development finance and economics research, as well as in seniorlevel policy roles. He is a member of the Monetary Policy Committee of the

Bank of Ghana.

Oliver Morrissey is Professor of Development Economics and Director of CREDIT, School of Economics, University of Nottingham, and a Managing Co-Editor of the Journal of Development Studies.

Abbi M. Kedir is Director of Research, African Economic Research Consortium (AERC), based in Nairobi, Kenya.