The New Partnership for Africa's Development (NEPAD) Opportunities and Challenges

April 1, 2003

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Format: Chicago

Saleh M. Nsouli, and Norbert Funke. The New Partnership for Africa's Development (NEPAD) Opportunities and Challenges, (USA: International Monetary Fund, 2003) accessed September 20, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper reviews major issues involved in achieving the objectives of the New Partnership for Africa's Development (NEPAD). Using a simple framework for evaluation, the analysis highlights considerations relevant to policymakers in the areas of poverty reduction, macroeconomic policies, trade promotion, attracting capital flows, and governance and institutional reforms. The analysis also identifies risks involved in achieving NEPAD's objectives. To minimize these risks, it will be important to make some goals more operational, to further broaden and deepen stakeholder participation, to establish a sound basis for monitoring progress, to prepare contingency plans, and to harmonize the role of regional institutions with NEPAD initiatives.

Subject: Environment, Poverty, Poverty reduction, Poverty reduction and development, Poverty reduction strategy

Keywords: Africa, African country, Integration, International community, NEPAD, NEPAD communication centers, NEPAD document, NEPAD framework document, NEPAD heads of state, NEPAD implementation process, NEPAD initiative, NEPAD secretariat, NEPAD structures, Poverty reduction, Poverty reduction and development, Poverty reduction strategy, Sub-Saharan Africa, The NEPAD secretariat, WP

Publication Details

Pages:

35
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2003/069
Stock No:

WPIEA0692003
ISBN:

9781451849080
ISSN:

1018-5941

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