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Titlebook: Investment and Risk in Africa; Paul Collier (Director),Catherine Pattillo Book 2000 Palgrave Macmillan, a division of Macmillan Publishers

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书目名称Investment and Risk in Africa
编辑Paul Collier (Director),Catherine Pattillo
视频video
丛书名称Studies on the African Economies Series
图书封面Titlebook: Investment and Risk in Africa;  Paul Collier (Director),Catherine Pattillo Book 2000 Palgrave Macmillan, a division of Macmillan Publishers
描述This book brings together academics in the fields of economics, political science, and law, with business practitioners in the fields of risk assessment and portfolio management. Their contributions are sequenced to tell a story. Africa is perceived as being a highly risky continent. As a result, investment is discouraged. These risks are partly exaggerated. However, to the extent that they reflect genuine problems, they are capable of being mitigated by insurance and reduced by political restraints such as central banks, investment charters, and international agreements.
出版日期Book 2000
关键词Investment; Portfolio; Portfolio Management; Rating; investments and securities
版次1
doihttps://doi.org/10.1007/978-1-349-15068-7
isbn_ebook978-1-349-15068-7Series ISSN 2947-0617 Series E-ISSN 2947-0625
issn_series 2947-0617
copyrightPalgrave Macmillan, a division of Macmillan Publishers Limited 2000
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Aid and Debt Conditionality as Restraintszing that the explanations are all interrelated, and that the evidence lends some support to all four explanations, he nevertheless concludes that ‘the foremost explanation would appear to be the high risk environment, in particular the risk of policy reversal.’
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Investment and Risk in Africaca than in other developing areas.. Despite these improved returns, private investment has remained low. Whereas in other developing areas it is currently averaging 18 per cent of GDP, in Africa even by 1994 it was only 10 per cent, little changed from the 1980s. (World Bank, 1996).
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Rating Africa: The Economic and Political Content of Risk Indicatorss. This default risk is measured using country-specific information about political and economic developments that have been identified in theoretical analyses as influencing the ability and willingness to service external debt obligation.
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The Potential for Restraint through an International Charter for FDIn provide for predictability and certainty of transactions. As an economist, however, I am more chastened by the knowledge that in the long term, FDI flows are probably more likely to be determined by the size and growth of markets, and other macroeconomic fundamentals.
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