Renowned Financial Economist, Qualified Accountant, Professor of Finance with several years expertise, mainly in Development Finance and Economics Research, and Former Dean of the University of Ghana Business School, Professor Joshua Y. Abor, has co-edited a book themed Contemporary Issues in Development Finance. He edited this book along with Professor Charles Adjasi, Professor of Development Finance and Economics at University of Stellenbosch Business School (USB), and Professor Robert Lensink, Professor of Finance at the Faculty of Economics and Business (FEB) at the University of Groningen.
The Special Leader’s Angle Event Book was officially launched online via Zoom on Thursday, 11th February, 2021 with Professor Mark Smith as the Moderator. Professor Victor Murinde, the AXA Chair in Global Finance at SOAS University of London was the Special Guest Speaker. The forum had two sessions: The Book Launch, which focused on particular aspects of the book and a panel discussion. Professionals for the panel discussion at the forum included Dr. Hanna Fromell, Assistant Professor at Aarhus University and part-time researcher at the University of Groningen, and Dr. Pieter Opperman, Acting Manager; Teaching and Learning at USB. Also present was Dr. Nthabiseng Moleko of the University of Stellenbosch Business School.
Professor Joshua Abor, speaking at the launch, touched on Chapter 7 of the book which focused on Global Financial Architecture. He indicated that this involves a collective governance arrangement at the global level, for safeguarding the effective functioning and stability of the Global Financial System. He cited that they covered the composition of Global Financial Architecture, by looking at the World Trade Organisation, Bank for International Settlement, and many others. The chapter also broadly discusses in detail the origin, history, and challenges of international financial institutions (IMF, World Bank Group, Regional Development Banks). Another important issue touched on was the dynamics of financial globalisation and its impact on Africa, and Africa’s integration with the rest of the world and how globalisation is impacting on national crisis.
Professor Joshua Abor stated that the chapter discussed in detail the challenges in infrastructure development, the opportunities that exist and various financing schemes which could be considered in supporting infrastructure finance to drive growth and development. He specified that private partnership was one of the areas they focused on since its one of the ways to finance infrastructure. The book “Contemporary Issues in Development Finance” seeks to provide comprehensive and up-to-date coverage of theoretical and policy-related issues in development finance, from both domestic and external finance perspectives. The publication puts together great editors from all over the world and places great emphasis on addressing the significant gaps in financial markets, particularly in Africa.
Professor Joshua Yindenaba Abor holds a PhD in Finance from the University of Stellenbosch in Cape Town, South Africa after completing the PhD coursework (Financial Economics) at the Department of Economics, Harvard University, US. He is a Fellow of the Association of Chartered Certified Accountants (FCCA), UK. Professor Abor has a consistent track record in capacity building and continuous professional development. He is an Adjunct Professor of Development Finance at the University of Stellenbosch Business School and a Researcher with the African Economic Research Consortium. He is an External Fellow at the Centre for Global Finance, SOAS University of London and a Fellow of the Ghana Academy of Arts and Sciences. He has held Visiting Scholar positions at the International Monetary Fund (IMF), Washington DC, US.
He has over 95 articles in refereed international journals, 15 refereed book chapters, and 6 books and edited books to his credit. He serves on the boards of some companies, including SAS Finance Group and chairs the boards of Best Western Premier Hotel and Macro Shipping Ltd. He also chaired the board of SIC Life Company Ltd and he is a member of the Bank of Ghana Monetary Policy Committee.
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