Author: Kasey Mosby

Local Economic Development in Sub-Saharan Africa – Kasey Mosby

Due to the recognition of possible exploitation of the Sub-Saharan African (SSA) region, there have been measures put in place to protect the economies and workers within the region. The goal of the 1977 Foreign Corrupt Practices Act (FCPA) is to lower the chance of bribery and corruption in Africa. However, officials in Africa are still being bribed by foreign… Read more →

China’s Direct Investment in Sub-Saharan African Infrastructure – Kasey Mosby

Poor infrastructure in Sub-Saharan African (SSA) is an inhibitor to economic development in the region. The infrastructure in many SSA countries are lacking in terms of quantity, quality, and access. Inadequate infrastructure increases production costs of exports, which lowers the competiveness of the region’s exported products. In a 2010 study, researchers used a large data set to predict the impact… Read more →

World Bank’s Involvement in Sub-Saharan African (SSA)- Kasey Mosby

One organization that has political and economic involvement in the SSA region is The World Bank. The World Bank is a group that provides financial loans to support developing countries, including countries in the SSA region. The organization is a network of 189 member countries that aim to support education, health, financial/private sector, and more. The World Banks’ plan is… Read more →

Foreign Direct Investment in Sub-Saharan Africa – Kasey Mosby

  In October 2019, 1.2 billion people in the region of Sub-Saharan Africa (SSA) experienced living in the world’s largest free trade area, yet the economic growth rates of the 46 countries within the region did not reflect prosperity (“Overview”). In 2017, the average economic growth rate in SSA was 2.5%, and it was accurately predicted to barely rise to… Read more →