Get Practical lessons for Africa from East Asia in industrial PDF

By Peter Harrold, Malathi Jayawickrama, Deepak Bhattasali

ISBN-10: 0821334840

ISBN-13: 9780821334843

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Extra info for Practical lessons for Africa from East Asia in industrial and trade policies, Parts 63-310

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8 See Lewis and McPherson, 1994, p. 132. 0 Source: Bank Economic and Social Data base (BESD), The World Bank. Page 11 Figure 3 Gross Domestic Saving as a Share of GDP, 196793 Source: Bank Economic and Social Data base (BESD), The World Bank. East Asia also built a secure bank-based financial system through strong prudential regulations and supervision. Banking was made more convenient to small and rural savers, and transactions costs were reduced through postal savings systems. Some of the more interventionist mechanisms used to encourage private savings in Asia include mandatory provident fund contributions, and high interest rates on loans for consumer items.

967 dc20 95-40113 CIP Page iii AFRICA TECHNICAL DEPARTMENT SERIES Technical Paper Series No. 122Dessing, Support for Microenterprises: Lessons for Sub-Saharan AfricaNo. 130Kiss, editor, Living with Wildlife: Wildlife Resource Management with Local Participation in AfricaNo. 132Murphy, Casley, and Curry, Farmers' Estimations as a Source of Production Data: Methodological Guidelines for Cereals in AfricaNo. 135Walshe, Grindle, Nell, and Bachmann, Dairy Development in Sub-Saharan Africa: A Study of Issues and OptionsNo.

While many of these have been tried in the past in Africa, this review suggests ways in which their design could be improved, or where necessary accompanying policies were missing. As African governments become more committed to development, and to developing the sort of long term-vision for their economies that was so crucial in East Asia, these sorts of policies could have a key role to play in Africa. Page xi ACKNOWLEDGMENTS This paper has been prepared with the assistance and collaboration of several people.

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Practical lessons for Africa from East Asia in industrial and trade policies, Parts 63-310 by Peter Harrold, Malathi Jayawickrama, Deepak Bhattasali


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