© 2000

Investment and Risk in Africa

  • Paul Collier
  • Catherine Pattillo

Part of the Studies on the African economies book series (SAES)

Table of contents

  1. Front Matter
    Pages i-ix
  2. Introduction

    1. Front Matter
      Pages 1-1
    2. Paul Collier, Catherine Pattillo
      Pages 3-30
  3. Risk in Africa: Its Causes and its Effects on Investment

    1. Front Matter
      Pages 31-31
    2. Nadeem Ul Haque, Nelson Mark, Donald J. Mathieson
      Pages 33-70
    3. Frederick Z. Jaspersen, Anthony H. Aylward, A. David Knox
      Pages 71-95
    4. Claude B. Erb, Campbell R. Harvey, Tadas E. Viskanta
      Pages 122-150
  4. Reducing Risk through Domestic Agencies of Restraint

    1. Front Matter
      Pages 167-167
    2. Louis A. Kasekende, Iftikhar Hussain
      Pages 169-184
    3. Christopher S. Adam, David L. Bevan
      Pages 185-218
  5. Reducing Risk through External Agencies of Restraint

    1. Front Matter
      Pages 273-273
    2. David Stasavage
      Pages 275-307
    3. Ravi Kanbur
      Pages 308-322
    4. Gerald T. West
      Pages 323-337
    5. Paul Collier, Jan Willem Gunning
      Pages 338-351

About this book


This book brings together academics in the fields of economics, political science, and law, with business practitioners in the fields of risk assessment and portfolio management. Their contributions are sequenced to tell a story. Africa is perceived as being a highly risky continent. As a result, investment is discouraged. These risks are partly exaggerated. However, to the extent that they reflect genuine problems, they are capable of being mitigated by insurance and reduced by political restraints such as central banks, investment charters, and international agreements.


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Editors and affiliations

  • Paul Collier
    • 1
  • Catherine Pattillo
    • 2
  1. 1.Policy Research GroupThe World BankUSA
  2. 2.Research DepartmentInternational Monetary FundUSA

About the editors

CHRISTOPHER ADAM Lecturer, Oxford University DAVID AILOLA Associate Professor of Political Science, University of Michigan ANTONY AYLWARD Economist, International Finance Corporation DAVID BEVAN Lecturer, Oxford University JOE DEMBY Regent Fund Management, London CLAUDE ERB First Chicago NBD Investment Management Company KAREN FERREE Doctoral Student, Harvard University JAN WILLEM GUNNEN Director, Centre for the Study of African Economies NADEEM UL HAQUE Adviser, Research Department, International Monetary Fund CAMPBELL HARVEY Professor, Duke University AFIKAR HUSSAIN Economist, Research Department, Bank of Uganda FREDERICK JASPERSEN Economist, International Finance Corporation RAVI KANBUR Lee Professor of Development, Cornell University LOUIS KASAKENDE Executive Director, Research Department, Bank of Uganda DAVID KNOX former Vice President of the World Bank MALCOLM MACPHERSON Fellow, Harvard Institute for International Development NELSON MARK Professor of Economics, Ohio State University DONALD MATHIESON Division Chief, Research Department, International Monetary Fund STEPHEN O'CONNELL Professor of Economics, Swarthmore College LEMMA SENBET William E. Meyer Professor of Finance, University of Maryland SMITA SINGH Doctoral Student, Harvard University DAVID STASAVAGE Research Officer, Centre for the Study of African Economies, Oxford University TADAS VISKANTA First Chicago Bank NBD Investment Management Company MARK WARNER Assistant Director, Center for International and Comparative Law, University of Baltimore School of Law GERALD WEST Multilateral Investment Guarantee Corporation JENNIFER WIDNER Associate Professor of Political Science, University of Michigan

Bibliographic information

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