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Governance for Development in Africa

It is now widely appreciated, both in academic and policy circles, that good governance matters for sustainable development outcomes. It is evident that good governance is vital for economic and social development with properly designed mechanisms to hold decision makers accountable – be they political elites or corporate executives. With respect to good governance in the political sphere, accountability will foster transparency in the management of public finances, and help curb ills, such as corruption.


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AERC Joint Facility for Electives Ends Successfully in Nairobi

The 2017 Collaborative Master’s Programme (CMAP) and Collaborative PhD (CPP) Joint Facility for Electives (JFE) has ended successfully at the Kenya School of Monetary Studies (KSMS) in Nairobi, Kenya. The venue was just about 15 kilometres from the Nairobi city centre. The programme was officially opened on July 4, 2017 by Prof. Lemma W. Senbet, AERC Executive Director, who reaffirmed the Organization’s commitment to equip Africa’s young economic researchers’ capacity for conducting independent, rigorous inquiry into the problems pertinent to the management of African economies.

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Vacancy Announcement: Executive Director-AERC

SRI Executive Search has been contracted by the African Economic Research Consortium (AERC) to assist with the search for an exceptional candidate to fill the position of Executive Director. 

African Economic Research Consortium, established in 1988, is a premier capacity building and knowledge institution in the advancement of research and training to inform economic policies in sub-Saharan Africa. It is one of the most active Research and Capacity Building Institutions (RCBIs) in the world, with a focus on Africa. 

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AERC joins a high level policy working group at the AU– EU Summit

African Economic Research Consortium (AERC) joined the preparatory summit of the 5th Africa – EU ahead of the next Africa-EU summit in November. The Konrad-Adenauer-Stiftung together with the European Commission and the German Development Institute (DIE) organized a seminar on the state of Africa-EU relations. The seminar took place in Italy recently and Prof. Lemma W. Senbet, AERC Executive Director was invited to take part in the discussions.

 In November 2017 European and African leaders will meet in Abidjan, Ivory Coast for the 5th Africa – EU summit. This meeting between representatives of the two continents will take place in an international context dominated by man-made crises, prolonged conflicts, extremist threats, as well as natural disasters accelerated by the effects of climate change.

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Articulating Some of AERC’s Achievements

In the past three decades, AERC has witnessed both short and long-term payoffs. AERC has built capacity of African economists through the research and training programmes. Through its Research Programme, AERC has mentored more than 3,900 African economists from 35 countries. In addition, AERC has contributed significantly to both knowledge generation and policy design in Africa. The quality of the research conducted through AERC programmes is not only highly regarded by a range of national and international bodies, but it has also attracted the interest of respected academic publishers.

Through its Training Programme, AERC runs collaborative programmes in both master’s and doctoral level studies in economics, and supports the improvement of the capacities of economics departments in public universities across the continent. The collaborative postgraduate training brings together over 38 network universities across sub-Saharan Africa covering Anglophone, Francophone and Lusophone countries, and has produced more than 4,540 master’s graduates, and supported over 400 PhD graduates. 

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Capital Flight from Africa: Causes, effects and Policy Issues

This edited collection provides the most comprehensive analysis of capital flight from Africa, covering economic and institutional aspects, as..


Institutions and Service Delivery in Africa

Collected in this book are framework papers prepared for the collaborative research project on Institutions and Service  Delivery in Africa..


The Macroeconomics of Africa’s Recent Growth

This volume is drawn from final research papers developed under the auspices and support of the Thematic Research Programme of the African ..