African Successes, Volume III : Modernization and Development.

Print version record.

Machine generated contents note: I. Finance and Capital Allocation -- 1. Resolving the African Financial Development Gap: Cross-Country Comparisons and a Within-Country Study of Kenya / Patricio Valenzuela -- 2. Challenges in Banking the Rural Poor: Evidence from Kenya's Western Province / Jonathan Robinson -- 3. Financial Sector in Burundi: An Investigation of Its Efficiency in Resource Mobilization and Allocation / Prime Nyamoya -- 4. Were the Nigerian Banking Reforms of 2005 a Success ... and for the Poor? / Lisa D. Cook -- 5. Misallocation, Property Rights, and Access to Finance: Evidence from within and across Africa / Bent E. Sørensen -- II. Mobile Phones -- 6. New Cellular Networks in Malawi: Correlates of Service Rollout and Network Performance / Deric Zanera -- 7. Mobile Banking: The Impact of M-Pesa in Kenya / David N. Weil -- III. International Trade -- 8. African Export Successes: Surprises, Stylized Facts, and Explanations / Ariell Reshef -- 9. AGOA Rules: The Intended and Unintended Consequences of Special Fabric Provisions / Robert Z. Lawrence.

Studies of African economic development frequently focus on the daunting challenges the continent faces. From recurrent crises to ethnic conflicts and long-standing corruption, a raft of deep-rooted problems has led many to regard the continent as facing many hurdles to raise living standards. Yet Africa has made considerable progress in the past decade, with a GDP growth rate exceeding five percent in some regions. The African Successes series looks at recent improvements in living standards and other measures of development in many African countries with an eye toward identifying what shaped them and the extent to which lessons learned are transferable and can guide policy in other nations and at the international level. The third volume in the series, African Successes: Modernization and Development looks at the rise in private production in spite of difficult institutional and physical environments. The volume emphasizes the ways that technologies, including mobile phones, have made growth in some areas especially dynamic.

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