Africa at a turning point? : growth, aid, and external shocks / edited by Delfin S. Go, John Page.

Includes bibliographical references and index.

Is Africa's economy at a turning point? / Jorge Arbache, Delfin S. Go, and John Page -- Patterns of long-term growth in Sub-Saharan Africa / Jorge Saba Arbache and John Page -- Assessing the macroeconomic framework for scaling up foreign aid / Delfin S. Go ... [and others] -- More and better aid : how are donors doing? / Punam Chuhan-Pole and Brendan Fitzpatrick -- The macroeconomic dynamics of scaling up foreign aid / Shantayanan Devarajan ... [and others] -- Foreign aid, taxes, and government productivity : alternative scenarios for Ethiopia's millennium development goal strategy / Hans Lofgren and Carolina Diaz-Bonilla -- Beyond aid : new sources and innovative mechanisms for financing development in Sub-Saharan Africa / Dilip Ratha, Sanket Mohapatra, and Sonia Plaza -- Have external shocks become more important for output fluctuations in African countries? / Claudio Raddatz -- Harnessing oil windfalls for growth in the Africa region / Julia Devlin, Michael Lewin, and Thilakaratna Ranaweera -- Managing oil revenue volatility in Nigeria : the role of fiscal policy / Nina Budina and Sweder van Wijnbergen -- Evaluation of the welfare impact of higher energy prices in Madagascar / Noro Andriamihaja and Giovanni Vecchi -- Economywide and distributional impact of an oil price shock on the South African economy / B. Essama-Nssah... [and others].

Includes bibliographical references and index.

"Africa at a Turning Point? is a collection of essays that analyzes three interrelated aspects of Africa's recent revival. The first set of essays examines Africa's recent growth in the context of its history of growth accelerations and collapses. It seeks to answer such questions as. Is Africa at a turning point? Are the economic fundamentals finally pointing toward more sustainable growth? The second set of essays looks at donor flows, which play a large role in Africa's growth. These essays focus on such issues as the management and delivery of increased aid, and the history and volatility of donor flows to Africa. The third set of essays considers the recent impact of one persistent threat to sustained growth in Africa: commodity price shocks, particularly those resulting from fluctuations in oil prices."--Jacket.