Making finance work for Africa

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Thorsten_book_page_2_2  Next week in Nairobi the Bank will launch a new report on financial systems in African countries. For early birds you can get this report now at the World Bank's Infoshop. Called "Making Finance Work for Africa", the report has lots of useful data and practical policy advice. The main authors, one of whom is my colleague and a new blogger Thorsten Beck, argue that the advice in this report is a much better fit with on the ground realities in African countries. They repudiate some of the past mechanical transplanting of advice given to African countries. Looking at Africa's distinctive needs:

The report asks what policy response can help guarantee that modern technology, organizational innovation, and internationalization are exploited to the maximum.


Bob Cull

Lead Economist, DEC

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