Reducing the Risk of Investment in Africa

New Resources

Can rural public works affect agricultural wages? Evidence from India, CSAE working paper
The Determinants of Earnings Inequalities: Panel data evidence from South Africa, CSAE working paper
CSAE Research Summary 2012
Financial Architecture and the Monetary Transmission Mechanism in Tanzania, CSAE working paper
Media Freedom and Democracy: Complements or Substitutes in the Fight against Corruption?, CSAE working paper
Market Integration and Border Effects in Eastern Africa, CSAE working paper
How to improve knowledge and take-up of public services by the poor: The case of the RSBY National Health Insurance in India, iiG Briefing Paper 20

by Paul Collier and Catherine Pattillo

Basingstoke: Macmillan, January 2000, ISBN: 0333777530, Hardback £60.00

Part I: Introduction

Chapter 1

Risk and investment in Africa
by Paul Collier and Catherine Pattillo

Part II: Risk in Africa: its causes and its effects on investment

Chapter 2	Rating Africa: the economic and political content of risk indicators by Hadeem Ul Haque, Nelson Mark and Donald J. Mathieson
Chapter 3	Risk and private investment: Africa compared with other developing areas by Frederick Z. Jaspersen, Anthony H. Aylward and A. David Knox
Chapter 4	Risk and equipment investment in Ghana: a firm-level analysis by Catherine Pattillo Discussion: Jan Willem Gunning
Chapter 5	The risk and expected returns of African equity investment by Claude B. Erb, Cambell R. Harvey and Tadas E. Viskanta Discussion: Lemma W. Senbet
Chapter 6	Risk and portfolio investment into Africa: a practitioner's approach by Joe Demby

Part III: Reducing risk through domestic agents of restraint

Chapter 7	The Central Bank as a restraint: the experience of Uganda by Louis Kasekende and Iftikhar Hussain Discussion: Stephen A. O'Connell
Chapter 8	The cash budget as a restraint: the experience of Zambia by Christopher Adam and David Bevan Discussion: Malcolm McPherson
Chapter 9	The courts as a restraint: the experience of Tanzania, Uganda and Botswana by Jennifer Widner Discussion: Karen Ferree
Chapter 10	Investment codes as a restraint: the experience of Southern Africa by David Ailola

Part IV: Reducing risk through external agencies of restraint

Chapter 11	The Franc Zone as a restraint by David Stasavage Discussion: Smita Singh
Chapter 12	Aid and debt conditionality as restraints by Ravi Kanbur Discussion: Stephen A. O'Connell
Chapter 13	Investment insurance in Africa by Gerald West
Chapter 14	The potential for restraint through international trade agreements by Paul Collier and Jan Willem Gunning
Chapter 15	The potential for restraint through an international charter for FDI Mark Warner

Part V: Conclusion

Chapter 16

So what have we learnt?
by Robert Bates