In the face of the global economic crisis, what are the options and realities facing policymakers in Africa? The Development Policy Forum (DPF) discussed the role of African policymakers and the international community in sustaining recent success in African development amidst declining growth, falling commodity prices, and emerging economic pressures.
Following introductory remarks by Antoinette M. Sayeh, Director of the Africa Department of the International Monetary Fund (IMF), the panel highlighted the importance of concentrating foreign development aid such that, in the words of Peter Gakunu, Former Executive Director for Anglophone Africa at the IMF, “the outcome […] be one where Africa finds a way to seriously develop financial sectors with aid from the international community”. |