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

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Investment and Risk in Africa a third below that elsewhere.. Because the returns on capital were low there was little private investment. However, during the 1990s some African governments have reformed policies sufficiently that returns are now probably quite high: there is evidence that the return on FDI is now higher in Afri

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Rating Africa: The Economic and Political Content of Risk Indicatorsercial creditworthiness ratings have long been used for the measurement of corporate risk. More recently, country credit ratings compiled by commercial sources have attempted to estimate country-specific risks, particularly the probability that a country will default on its debt servicing obligation

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Risk and Private Investment: Africa Compared with Other Developing Areas private investment and foreign direct investment (FDI) in these countries with special focus on Sub-Saharan Africa. The next step is a brief review of recent developments in the theory of investment under uncertainty. We focus on country risk, a particular form of uncertainty. The paper discusses t

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The Courts as a Restraint: The Experience of Tanzania, Uganda and Botswanahe law. They may also attempt to stabilize the meaning of the law, by reconciling differences between statutes or interpreting ambiguous passages. Finally, in a very few cases, they may deem legislation that abrogates basic rights unconstitutional, although the power of courts to do so varies, as do

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Investment Codes as a Restraint: The Experience of Southern Africa countries possess valuable natural wealth and human resources, and so on, but they lack the capital skills and technology to exploit them for the general benefit of their peoples.. There is, therefore, a great need for these instruments to be imported from the rich and industrialized countries of E