Finance & Development, December 2011

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Finance & Development, December 2011
- From the Editor: Africa: Changing the Narrative
- People in Economics: Second Time Around
- Africa’s New Engine: Africa looks to its middle-class consumers to drive prosperity
- What Ails South Africa: Plagued by high unemployment and closely tied to Europe, South Africa struggles
- Straight Talk: The Quality of Growth: Poor households are benefiting from sub-Saharan Africa’s high growth and wider global reach
- Building an African infrastructure: Key political decisions are needed to build critical rail networks for a continent well suited to them
- Point of View: Preventing Famine: The ongoing drought and famine in the Horn of Africa make a case for using global risk management to achieve food security
- Picture This: Africa—A Look into the Future: What will the continent be like in 50 years’ time?
- Role Reversal: Emerging economies are less dependent on debt, less vulnerable to volatile investment sentiment, and are rethinking the role of capital flows
- Land for Sale: Clues to whether easy credit causes booms and busts in asset prices can be found in U.S. farmland prices a century ago
- To Sell or Not: The author of Zombie Economics, looks at the pros and cons of privatization
- Back to Basics: What Is Econometrics?: Taking a theory and quantifying it
- Fixing the Flaws in EMU: The euro area’s long-term survival requires a fundamental transformation of policymaking
- A Cushion for the Poor: Commodity-exporting governments can reduce debt and still protect their least well off citizens
- Less Volatile than Meets the Eye: Contrary to popular wisdom, commodity prices can be more stable than those of manufactured products
- Are the Critics Right?: A new study finds that public education and health spending get a boost when low-income countries receive IMF financial support
- Book Reviews
- Data Spotlight: Trade in East Africa: Increased intraregional trade and lower tariffs are paving the way for faster growth
- Index of Articles for 2011