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

Author/Editor: Funke, Norbert | Nsouli, Saleh M.
Authorized for Distribution: April 1, 2003
Electronic Access: Free Full Text (PDF file size is 1,266KB)
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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.
 
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Series: Working Paper No. 03/69
Subject(s): Africa | Development | Poverty reduction | Capital flows
Author's keyword(s): NEPAD | Africa | Integration
 
English  
    Published:   April 1, 2003        
    ISBN/ISSN:   1934-7073   Format:   Paper
    Stock No:   WPIEA0692003   Pages:   34
    Price:   US$15.00 (Academic Rate: US$15.00 )
       
     
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