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| economic development in africa: Economic Development in Africa Godfrey Mwakikagile, 1999 This new book provides analyses of capitalism versus socialism as well as case studies illuminating the latest economic developments in the shift taking place in Africa.--BOOK JACKET. |
| economic development in africa: African Economic Development Steven Langdon, Archibald R.M. Ritter, Yiagadeesen Samy, 2018-03-05 Sub-Saharan Africa is at a turning point. The barriers to economic growth seen in the 1980-2000 era are disappearing and new optimism is spreading. However, difficult goals of eliminating poverty, achieving equity and overcoming environmental threats continue. This much-needed and insightful textbook has been written to help us understand this combination of emerging improvements and significant challenges. Opening with an analysis of the main theories relating to development in Sub-Saharan Africa, the book explores all the key issues, including: Human development; Rapid urbanization; Structural and gender dimensions; Sustainable development and environmental issues; and Africa’s role in the world economy. The authors use economic tools and concepts throughout, in a way that makes them accessible to students without an economics background. Readers are also aided by a wide range of case studies, on-the-ground examples and statistical information, which provide a detailed analysis of each topic. This text is also accompanied by an e-resource, featuring additional sources for students and instructors. African Economic Development is a clear and comprehensive textbook suitable for courses on African economic development, development economics, African studies and development studies. |
| economic development in africa: African Economic Development Emmanuel Nnadozie, Afeikhena Jerome, 2019-05-08 In a sweeping survey of African economies, leading scholars offer the latest research into the biggest current influences on African growth and development, taking account of relevant institutional contexts as well as significant or unique problems that have slowed Africa’s progress. |
| economic development in africa: African Economic Development Christopher Cramer, John Sender, Arkebe Oqubay, 2020 This book challenges conventional wisdoms about economic performance and possible policies for economic development in African countries. Its starting point is the striking variation in African economic performance. Unevenness and inequalities form a central fact of African economic experiences. The authors highlight not only differences between countries, but also variations within countries, differences often organized around distinctions of gender, class, and ethnic identity. For example, neo-natal mortality and school dropout have been reduced, particularly for some classes of women in some areas of Africa. Horticultural and agribusiness exports have grown far more rapidly in some countries than in others. These variations (and many others) point to opportunities for changing performance, reducing inequalities, learning from other policy experiences, and escaping the ties of structure, and the legacies of a colonial past. The book rejects teleological illusions and Eurocentric prejudice, but it does pay close attention to the results of policy in more industrialized parts of the world. Seeing the contradictions of capitalism for what they are - fundamental and enduring - may help policy officials protect themselves against the misleading idea that development can be expected to be a smooth, linear process, or that it would be were certain impediments suddenly removed. The authors criticize a wide range of orthodox and heterodox economists, especially for their cavalier attitude to evidence. Drawing on their own decades of research and policy experience, they combine careful use of available evidence from a range of African countries with political economy insights (mainly derived from Kalecki, Kaldor and Hischman) to make the policy case for specific types of public sector investment-- |
| economic development in africa: African Economic Development Emmanuel Nnadozie, Afeikhena Jerome, 2019-05-08 In a sweeping survey of African economies, leading scholars offer the latest research into the biggest current influences on African growth and development, taking account of relevant institutional contexts as well as significant or unique problems that have slowed Africa’s progress. |
| economic development in africa: Enterprise and Economic Development in Africa Dina M. Nziku, John J. Struthers, 2021-06-11 Presenting a topical analysis of the challenges and achievements of enterprise, Enterprise and Economic Development in Africa examines contributions to economic development on the continent, as well as exploring implications for policy dimensions. |
| economic development in africa: The Service Sector and Economic Development in Africa Evelyn F. Wamboye, Peter J. Nyaronga, 2018-09-04 The service sector accounts for a huge proportion of global employment, and is the biggest driver of gross domestic product in developing nations. Yet there has been little research uncovering its scope, potential and implications on sustained and inclusive economic growth. This is especially true for Africa, which has seen a strong growth trajectory in recent years. This book presents a new frontier of research, offering insightful perspectives on the 21st-century realities of the service sector and its effect on economic development in Africa. The analysis presented here will be of relevance to academics and policymakers with an interest in Africa’s role in the global economy. |
| economic development in africa: Economic Growth and Development in Africa Horman Chitonge, 2015-01-09 In recent years, Africa has undergone the longest period of sustained economic growth in the continent’s history, drawing the attention of the international media and academics alike. This book analyses the Africa Rising narrative from multidisciplinary perspectives, offering a critical assessment of the explanations given for the poor economic growth and development performance in Africa prior to the millennium and the dramatic shift towards the new Africa. Bringing in perspectives from African intellectuals and scholars, many of whom have previously been overlooked in this debate, the book examines the construction of Africa’s economic growth and development portraits over the years. It looks at two institutions that play a vital role in African development, providing a detailed explanation of how the World Bank and the IMF have interpreted and dealt with the African challenges and experiences. The insightful analysis reveals that if Africa is rising, only 20-30 per cent of Africans are aboard the rising ship, and the main challenge facing the continent today is to bring on board the majority of Africans who have been excluded from growth. This book makes the complex, and sometimes confusing debates on Africa’s economic growth experience more accessible to a wide range of readers interested in the Africa story. It is essential reading for students and researchers in African Studies, and will be of great interest to scholars in Development Studies, Political Economy, and Development Economics. |
| economic development in africa: Industrial Policy and Economic Transformation in Africa Akbar Noman, Joseph E. Stiglitz, 2015-09-15 The revival of economic growth in Sub-Saharan Africa is all the more welcome for having followed one of the worst economic disasters—a quarter century of economic malaise for most of the region—since the industrial revolution. Six of the world's fastest-growing economies in the first decade of this century were African. Yet only in Ethiopia and Rwanda was growth not based on resources and the rising price of oil. Deindustrialization has yet to be reversed, and progress toward creating a modern economy remains limited. This book explores the vital role that active government policies can play in transforming African economies. Such policies pertain not just to industry. They traverse all economic sectors, including finance, information technology, and agriculture. These packages of learning, industrial, and technology (LIT) policies aim to bring vigorous and lasting growth to the region. This collection features case studies of LIT policies in action in many parts of the world, examining their risks and rewards and what they mean for Sub-Saharan Africa. |
| economic development in africa: African Economic Outlook 2017 Entrepreneurship and Industrialisation African Development Bank, OECD, United Nations Development Programme, 2017-05-22 The African Economic Outlook 2017 presents the continent’s current state of affairs and forecasts its situation for the coming two years. |
| economic development in africa: Urbanization and Socio-Economic Development in Africa Steve Kayizzi-Mugerwa, Abebe Shimeles, Nadège Désirée Yaméogo, 2014-05-16 The main goal of this book is to put urbanization and its challenges squarely on Africa’s development agenda. Planned urbanization can improve living conditions for the majority, help in the expansion of the middle class, and create conditions for economic transformation. However, many African cities have developed haphazardly, resulting in the decline of public services, in slum proliferation, and increases in poverty. African cities thrive on activities characterized by easy entry and low productivity, generally referred to as the informal sector. Indeed, today some urban dwellers are poorer than their cousins in the countryside. In spite of reform attempts, many governments have not been able to create an enabling environment, with adequate infrastructure and institutions to sustain markets for easy exchange and production. This study argues that with careful policies and planning, the situation can be changed. If the recent natural resource-led economic boom that we have seen in many African countries is used for structural reforms and urban renewal, African cities could become centers of economic opportunity. The challenge for African policymakers is to ensure that urban development is orderly and that the process is inclusive and emphasizes the protection of the environment, hence green growth. |
| economic development in africa: Foreign Direct Investment and Economic Development in Africa Hugh Dang, Gaston Gohou, Hugues Kouadio, 2019-01-17 This book explores several aspects of foreign direct investment (FDI) and their linkages to African economies. It will appeal to policy makers, development agency professionals and researchers, based as it is on stylized facts and rigorous analytical studies. The reader will find state-of-the-art analyses on FDI-related topics throughout the chapters. Policy makers and development professionals will find in this book a useful guide to draw sound policies based on facts and rigorous analyses. |
| economic development in africa: Africa’s Development Dynamics 2021 Digital Transformation for Quality Jobs African Union Commission, OECD, 2021-01-19 Africa’s Development Dynamics uses lessons learned in the continent’s five regions – Central, East, North, Southern and West Africa – to develop policy recommendations and share good practices. Drawing on the most recent statistics, this analysis of development dynamics attempts to help African leaders reach the targets of the African Union’s Agenda 2063 at all levels: continental, regional, national and local. |
| economic development in africa: Africa's Development in Historical Perspective Emmanuel Akyeampong, Robert H. Bates, Nathan Nunn, James Robinson, 2014-08-11 Why has Africa remained persistently poor over its recorded history? Has Africa always been poor? What has been the nature of Africa's poverty and how do we explain its origins? This volume takes a necessary interdisciplinary approach to these questions by bringing together perspectives from archaeology, linguistics, history, anthropology, political science, and economics. Several contributors note that Africa's development was at par with many areas of Europe in the first millennium of the Common Era. Why Africa fell behind is a key theme in this volume, with insights that should inform Africa's developmental strategies. |
| economic development in africa: Trade Liberalisation and Economic Development in Africa Gift Mugano, 2021-09-30 This book provides a thorough and rigorous discussion on the impact of trade liberalisation on economic development with a special focus on the African continent. The author presents the rationale for trade liberalisation, trade liberalisation frameworks, the trade liberalisation economic development nexus, impediments to trade, and contemporary issues of international trade. In this book, notwithstanding the benefits from trade liberalisation, the author shows that African trade as a share of global trade has remained flat at 3% as in 1975, while the continent’s exports have remained raw materials and its intra-regional trade at less than 15% of total trade, which is the lowest in the world (UNCTAD, 2020). With respect to key economic development indicators such as economic growth, poverty levels, and employment levels, this book shows that, ironically and in direct contrast with the conventional views that trade liberalisation alleviates poverty, trade liberalisation in Africa has resulted in high levels of unemployment and low economic growth which ultimately lead to increased poverty. In addition, this book provides a detailed analysis of why trade liberalisation has failed to yield meaningful benefits to Africa. The binding constraints and blockages which prevent positive spin-offs on trade liberalisation in Africa are discussed in detail in this book. In the same vein, the author provides practical strategies which must be adopted by African countries in order to gain from trade liberalisation, making this work a must-read for African governments, academia, trade experts, regional trading blocs, the World Trade Organization, and development partners. In view of this, and as part of the disruptive and structural transformation policies, the author discusses case studies and international experience contextualised to Africa as well as strategies for addressing the trade-related infrastructure gap, production capacities, export promotion, and aid for trade. |
| economic development in africa: African Economic Development , 2020 This book challenges conventional wisdoms both about economic performance and about policies for economic development in African countries. Its starting point is the striking variation in economic performance: unevenness and inequalities form a central fact. The authors highlight not only differences between African countries but also variations within countries, differences often organized around distinctions of gender, class, and ethnic identity. For example, school dropout and neonatal mortality have been reduced, particularly for some classes of women in some areas. Horticultural and agribusiness exports have grown far more rapidly in some countries than others. These variations (and many others) point to opportunities for changing performance, reducing inequalities, learning from other African policy experiences, and escaping the ties of structure and legacies of a colonial past. The book rejects teleological illusions and Eurocentric prejudice, but does pay close attention to the results of policy in more industrialized parts of the world. Seeing the contradictions of capitalism for what they are-fundamental and enduring-may help policy officials protect themselves against the misleading idea that development is likely to be a smooth, linear process, or that it would be were certain impediments removed. The authors criticize a wide range of orthodox and heterodox economists, especially for their cavalier attitude to statistical sources. Drawing on decades of research and policy experience, they combine careful use of available evidence from a range of African countries with heterodox political economy insights (mainly derived from Kalecki, Kaldor, and Hirschman) to make the policy case for specific types of public sector investment. |
| economic development in africa: An Economic History of Development in sub-Saharan Africa Ellen Hillbom, Erik Green, 2019-06-19 ‘This is a desperately needed book. It not only surveys the field of African economic history at the level of undergraduate students, but provides several fresh perspectives, drawing on insights from the latest research on the evolution of African societies and their economic prosperity. This valuable source of teaching material will be the premier text on African economic history for at least the next decade.’ —Johan Fourie, Stellenbosch University, South Africa This upper level textbook offers a historical understanding of sub-Saharan Africa. By looking at the economic history of the African region from before the arrival of European territorial control all the way through to Africa’s integration in the current era of globalisation, readers can understand the development paths for African countries today. Organisation of production, social structures, trade, and governance are key factors in the discussion about African success stories and failures. Suitable reading for upper level undergraduates, MSc and postgraduate students, in addition to policy makers and development practitioners looking for a comprehensive overview of Africa from an economic and social perspective. Hillbom and Green also provide a starting point for the study of African economic history for those who would like to continue their own research in this area. |
| economic development in africa: Economic Development in the Twenty-first Century Matthew Kofi Ocran, 2019-04-27 This book uses lessons from history to help African countries take charge of their own economic development agenda. History is an important part of Africa’s economic development narrative, and Ocran investigates how the development outcomes between Africa and Western Europe became so divergent when in the early medieval period average income levels and economic development in the two regions differed only marginally. The sixteenth century marked a turning point, with the emergence of Western European mercantilism and capitalism and their associated exploitation of other countries. In understanding Africa’s economic development, it is crucial to recognise that Africa has not always been poor. Examining 400 years of enslavement and colonisation, this book takes us to present day Africa and economic issues affecting the continent. With selected case studies from Hong Kong, Taiwan, and Singapore to South Korea and China, Ocran proposes ways to break out of the economic development quandary Africa currently faces. |
| economic development in africa: Africa's Development Dynamics, 2018 African Union Commission, OECD, 2018 This first edition explores the dynamics of growth, jobs, and inequalities. It proposes ten decisive actions to promote sustainable economic and social development and to strengthen institutions in Africa. |
| economic development in africa: Unlocking Africa's Business Potential Landry Signe, 2020-04-07 Africa welcomes business investment and offers some of the world's highest returns and impacts Africa has tremendous economic potential and offers rewarding opportunities for global businesses looking for new markets and long-term investments with favorable returns. Africa has been one of the world's fastest-growing regions over the past decade, and by 2030 will be home to nearly 1.7 billion people and an estimated $6.7 trillion worth of consumer and business spending. Increased political stability in recent years and improving regional integration are making market access easier, and business expansion will generate jobs for women and youth, who represent the vast majority of the population. Current economic growth and poverty-alleviation efforts mean that more than 43 percent of the continent's people will reach middle- or upper-class status by 2030. Unlocking Africa's Business Potential examines business opportunities in the eight sectors with the highest potential returns on private investment—the same sectors that will foster economic growth and diversification, job creation, and improved general welfare. These sectors include: consumer markets, agriculture and agriprocessing, information and communication technology, manufacturing, oil and gas, tourism, banking, and infrastructure and construction. The book's analysis of these sectors is based on case studies that identify specific opportunities for investment and growth, along with long-term market projections to inform decision-making. The book identifies potential risks to business and offers mitigation strategies. It also provides policymakers with solutions to attract new business investments, including how to remove barriers to business and accelerate development of the private sector. |
| economic development in africa: State-Business Relations and Economic Development in Africa and India Kunal Sen, 2013-05-07 When the state and business interact effectively they can promote a more efficient allocation of scarce resources, appropriate industrial policy and a more effective and prioritised removal of key obstacles to growth, than when the two sides fail to co-operate or engage in harmful collusion. This book, based on original empirical research undertaken in Africa and India, addresses what constitutes the effectiveness of state-business relations, what explains their formation and evolution over time and whether effective state-business relations matter for economic performance. Analysing the effects of state-business relations on economic performance at both the macro and micro levels, the book concludes that where effective state-business relations are established – either through formal or informal institutional patterns and relationships – the growth effects are generally positive. Establishing, sustaining and renewing effective state-business relations are political processes. The better organized the business community and the government are for purposes of such relations, the more effective state-business relations will be in negotiating growth enhancing policies. The book is of interest to researchers in the fields of development studies, management, economics and political science. |
| economic development in africa: New Direction for Economic Development in Africa Emanuel A. Okwuosa, 1976 Monograph presenting a new approach to economic development in Africa - advocates the acquisition of technical knowhow (technology transfer), the promotion of production capacity and the indigenization of inherited capitalist economic concepts, etc., and discusses the application of such objectives and modified concepts to agricultural development, regional cooperation and development aid. References and statistical tables. |
| economic development in africa: Determinants of Economic Growth in Africa Almas Heshmati, 2018-05-16 This volume is a collection of selected empirical studies on determinants of economic growth in Africa. Grouped into three parts, chapters examine the influence of financial sources and economic growth; sources of productivity growth; and prices, exchange rates and trade relationships with growth in regions in Africa or the continent as a whole. This edited book is authored by African experts in the field who employ diverse up-to-date data and methods to provide robust empirical results based on representative firms, household surveys and secondary country level data covering individuals or multiple countries on the continent. It contains a wealth of empirical evidence, deep analyses and sound recommendations for policymakers and researchers for designing and implementing effective social and national policies and strategies to prevent and to reduce poverty and its negative effects on poor households and in poor regions. The volume will be a useful resource for policymakers and researchers involved in promoting economic growth and fighting poverty. It will also appeal to a broader audience interested in economic development, resource economics, policies, economic welfare and inclusive growth. |
| economic development in africa: Our Continent, Our Future P. Thandika Mkandawire, Charles Chukwuma Soludo, 2014-05-14 Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda. |
| economic development in africa: Regional Development in Africa Norbert Edomah, 2020-08-19 Regional development is a broad term but can be seen as a general effort to reduce regional disparities by supporting (employment and wealth-generating) economic activities in regions. In the past, regional development policy tended to try to achieve these objectives by means of large-scale infrastructure development and by attracting inward investment” (OECD, 2014).A territorial and regional approach to development is crucial in addressing regional challenges, regional economic competitiveness, and reducing socio-economic discrepancies. This book provides a forum to articulate and discuss Africa’s regional development issues in view of the rising opportunities within the African region. This volume contains 14 chapters and is organized in four sections: Introduction; Industry, Trade and Investment in Africa; Agricultural Services and the Water-energy-food Nexus in Africa; and Environmental and Cultural Dimensions to Africa’s Regional Development. |
| economic development in africa: Beyond Market Access for Economic Development Gerrit Faber, Jan Orbie, 2009-06-17 Starting from the observation that the establishment of free trade as such will substantially impact upon economic development, the different contributions focus on the potential contribution of non-traditional aspects of EPAs. |
| economic development in africa: African Economic Development Steven Langdon, Archibald R.M. Ritter, Yiagadeesen Samy, 2018-03-05 Sub-Saharan Africa is at a turning point. The barriers to economic growth seen in the 1980-2000 era are disappearing and new optimism is spreading. However, difficult goals of eliminating poverty, achieving equity and overcoming environmental threats continue. This much-needed and insightful textbook has been written to help us understand this combination of emerging improvements and significant challenges. Opening with an analysis of the main theories relating to development in Sub-Saharan Africa, the book explores all the key issues, including: Human development; Rapid urbanization; Structural and gender dimensions; Sustainable development and environmental issues; and Africa’s role in the world economy. The authors use economic tools and concepts throughout, in a way that makes them accessible to students without an economics background. Readers are also aided by a wide range of case studies, on-the-ground examples and statistical information, which provide a detailed analysis of each topic. This text is also accompanied by an e-resource, featuring additional sources for students and instructors. African Economic Development is a clear and comprehensive textbook suitable for courses on African economic development, development economics, African studies and development studies. |
| economic development in africa: Development Policies and Policy Processes in Africa Christian Henning, Ousmane Badiane, Eva Krampe, 2017-10-05 This book is open access under a CC BY 4.0 license. The book examines the methodological challenges in analyzing the effectiveness of development policies. It presents a selection of tools and methodologies that can help tackle the complexities of which policies work best and why, and how they can be implemented effectively given the political and economic framework conditions of a country. The contributions in this book offer a continuation of the ongoing evidence-based debate on the role of agriculture and participatory policy processes in reducing poverty. They develop and apply quantitative political economy approaches by integrating quantitative models of political decision-making into existing economic modeling tools, allowing a more comprehensive growth-poverty analysis. The book addresses not only scholars who use quantitative policy modeling and evaluation techniques in their empirical or theoretical research, but also technical experts, including policy makers and analysts from stakeholder organizations, involved in formulating and implementing policies to reduce poverty and to increase economic and social well-being in African countries. |
| economic development in africa: Democracy and Development in Africa Claude Ake, 2001-09-19 Despite three decades of preoccupation with development in Africa, the economies of most African nations are still stagnating or regressing. For most Africans, incomes are lower than they were two decades ago, health prospects are poorer, malnourishment is widespread, and infrastructures and social institutions are breaking down. An array of factors have been offered to explain the apparent failure of development in Africa, including the colonial legacy, social pluralism, corruption, poor planning and incompetent management, limited in-flow of foreign capital, and low levels of saving and investment. Alone or in combination, these factors are serious impediments to development, but Claude Ake contends that the problem is not that development has failed, but that it was never really on the agenda. He maintains that political conditions in Africa are the greatest impediment to development. In this book, Ake traces the evolution and failure of development policies, including the IMF stabilization programs that have dominated international efforts. He identifies the root causes of the problem in the authoritarian political structure of the African states derived from the previous colonial entities. Ake sketches the alternatives that are struggling to emerge from calamitous failure--economic development based on traditional agriculture, political development based on the decentralization of power, and reliance on indigenous communities that have been providing some measure of refuge from the coercive power of the central state. Ake's argument may become a new paradigm for development in Africa. |
| economic development in africa: The Economic Development Process in the Middle East and North Africa Alessandro Romagnoli, Luisa Mengoni, 2013-11-12 Offering a comprehensive analysis of the development of economies in the Middle East and North Africa over the past half century, this book charts the progress of these countries through an examination of an Islamic model of economic development, reform processes, and economic integration. Far from being a simple process, economic development in the Middle East and North Africa is dependent on the interaction of a set of changing systems including; international relations, the political regime, economy, and society. By analysing these interdependent factors, The Economic Development Process in MENA seeks to provide answers to the most pressing issues facing the economies in this area. Providing an interpretation of regional development in light of dialectics between state and society, this book will be of value to students and scholars with an interest in the Middle East, Economics, and International Relations. |
| economic development in africa: African Economic Development Christopher Cramer, John Sender, Arkebe Oqubay, 2020-06-10 This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Unevenness and inequalities form a central fact of African economic experiences. This book challenges conventional wisdoms about economic performance and possible policies for economic development in African countries, using the striking variation in economic performance as a starting point. African Economic Development: Evidence, Theory, and Policy highlights not only difference between countries, but also variation within countries. It focuses on issues relating to gender, class, and ethnic identity, such as neo-natal mortality, school dropout, and horticultural and agribusiness exports. Variations in these areas point to opportunities for changing perfomance, reducing reducing inequalities, learning from other policy experiences, and escaping the ties of structure and the legacies of a colonial past. African Economic Development rejects teleological illusions and Eurocentric prejudice, criticizing a range of orthodox and heterodox economists for their cavalier attitude to evidence. Instead, it shows that seeing the contradictions of capitalism for what they are - fundamental and enduring - may help policy officials protect themselves against the misleading idea that development can be expected to be a smooth, linear process, or that it would be if certain impediments were removed. Drawing on decades of research and policy experience, this book combines careful use of available evidence from a range of African countries with economic insights to make the policy case for specific types of public sector investment. |
| economic development in africa: Economic Integration and Development in Africa Henry Kyambalesa, Mathurin C. Houngnikpo, 2016-04-29 The debates over what African economic integration and development actually entails continue across international economic organizations, national governments and NGOs. Despite the glare of media attention and the position this issue has on international political agendas, few comprehensive accounts exist that fully examine why this process will be inevitable in the 21st century and how integration of national economies can be attuned to attaining the socio-economic goals and aspirations of member-countries. This book addresses this problem. It combines theory with application, enumerating the imperatives and initiatives governments will be forced to confront; providing insights for educators and students in African development, for policy makers in African governments, and for inter-governmental organizations. |
| economic development in africa: The Politics of Trade and Industrial Policy in Africa Charles Chukwuma Soludo, Michael Osita Ogbu, Ha-Joon Chang, 2004 This book maps the process and political economy of policy making in Africa. It's focus on trade and industrial policy makes it unique and it will appeal to students and academics in economics, political economy, political science and African studies. Detailed case studies help the reader to understand how the process and motivation behind policy decisions can vary from country to country depending on the form of government, ethnicity and nationality and other social factors. |
| economic development in africa: Re-Inventing Africa's Development Jong-Dae Park, 2018-12-31 This open access book analyses the development problems of sub-Sahara Africa (SSA) from the eyes of a Korean diplomat with knowledge of the economic growth Korea has experienced in recent decades. The author argues that Africa's development challenges are not due to a lack of resources but a lack of management, presenting an alternative to the traditional view that Africa's problems are caused by a lack of leadership. In exploring an approach based on mind-set and nation-building, rather than unity – which tends to promote individual or party interests rather than the broader country or national interests – the author suggests new solutions for SSA's economic growth, inspired by Korea's successful economic growth model much of which is focused on industrialisation. This book will be of interest to researchers, policymakers, NGOs and governmental bodies in economics, development and politics studying Africa's economic development, and Korea's economic growth model. |
| economic development in africa: Handbook of Research on Sustainable Development and Governance Strategies for Economic Growth in Africa Teshager Alemu, Kassa, Abebe Alebachew, Mulunesh, 2018-02-09 Despite increasing reports across the globe on renewable development and maintenance, little is known regarding what strategies are required for improved economic growth and prosperity in Africa. Improving an understanding of the methods for promoting growth through reusable resource development and administration is a vital topic of research to consider in assisting the continent's development. The Handbook of Research on Sustainable Development and Governance Strategies for Economic Growth in Africa provides emerging research on the strategies required to promote growth in Africa as well as the implications and issues of the expansion of prosperity. While highlighting sustainable education, pastoral development pathways, and the public-sector role, readers will learn about the history of sustainable development and governmental approaches to improving Africa’s economy. This publication is a vital resource for policy makers, research institutions, academics, researchers, and advanced-level students seeking current research on the theories and applications of development in societal and legal institutions. |
| economic development in africa: Economic Development in Africa Report 2019 United Nations Conference on Trade and Development, United Nations Conference on Trade and Development (UNCTAD) (author), 1901 The advent of the African Continental Free Trade Area (AfCFTA) represents a historic opportunity for the continent to boost intra-African trade and accelerate structural transformation. However, this relies on a critical policy instrument: the effective implementation of preferential trade liberalization among the AfCFTA members. Whether in practice African firms will utilize tariff preferences under the AfCFTA depends on a critical factor: rules of origin (RoO) and the net benefits of complying with them. The Economic Development in Africa Report 2019 argues for the adoption of flexible RoO and a strengthening of institutional capacities to ensure an impartial, transparent, predictable, consistent and neutral implementation of agreed RoO. |
| economic development in africa: Urbanization and Industrialization for Africa's Transformation , 2017 The 2017 Economic Report on Africa focuses on the linkages between industrialization and urbanization. Urbanization is one of Africa mega trends with profound implications for the social, economic, environmental dimensions of growth and transformation. Theory and experience demonstrate that industrialization and urbanization can be mutually reinforcing processes. It is therefore imperative to explore the linkages between urbanization and industrialization given the profound implications for structural transformation in Africa. So far, current policy narratives and frameworks on structural transformation and industrialization in Africa have largely failed to factor in the spatial and urban dimensions of industrialization, and in particular the advantages presented by productivity enhancement and agglomeration effects generated by cities. Yet, the nexus between urbanization and industrialization is of particular relevance for Agenda 2063 and the 2030 Agenda on Sustainable Development. Both agendas recognize urbanization as a critical factor for sustainable development. It is also important to consider urbanization and industrialization in light of Africa's engagement with the Third United Nations Conference on Housing and Sustainable Urban Development (Habitat III) to be held in Quito, Ecuador in October 2016. In this context, African policy makers have clearly recognized urbanization as an engine of structural transformation for inclusive and sustainable growth. |
| economic development in africa: Globalization and Sustainable Development in Africa Bessie House-Soremekun, Toyin Falola, 2011 The first comprehensive work on globalization within the context of sustainable development initiatives in Africa. |
| economic development in africa: Economic Development in Africa Report 2021 UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT., 2022-01-07 The African Continental Free Trade Area is expected to be a game changer for development ambitions in Africa. |
| economic development in africa: Modernization and the Crisis of Development in Africa Jeremiah I. Dibua, 2006 In this book, Jeremiah I. Dibua challenges prevailing notions of Africa's development crisis by drawing attention to the role of modernization as a way of understanding the nature and dynamics of the crisis, and how to overcome the problem of underdevelopment. |
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This year’s Economic Development in Africa Report 2024: Unlocking Africa’s Trade Potential – Boosting Regional Markets and Reducing Risks presents some important tools in this context. …
Development Planning in Africa: Key Issues, Challenges and …
In the 1960s most of the newly independent African states, diverse as they are, adopted a planning approach to effect deep-seated changes in their economies and societies. This was …
Women, Entrepreneurship, and Economic Development in Africa
Drawing on insights from scholars and practitioners that work at the intersection of women, entrepreneurship, and economic development, this chapter captures the varied ways in which …
CHAPTER 1 RECENT ECONOMIC AND SOCIAL …
Africa’s economic growth is expected to contract to –4.1 per cent in 2020 (FIGURE 1.1). Growth in Africa is projected to rebound to 5.0 per cent in 2021, supported by the effective …
Industrialization in Africa and Least Developed Countries
Inclusive and sustainable industrial development is associated with job creation, sustainable liveli-hoods, innovation, technology and skills develop-ment, food security and equitable growth — …
Economic Development in Africa Report 2023: The Potential …
Economic Development in Africa Report analyses four strategic high-tech supply chains that will be decisive for Africa’s industrialization, social development and sustainable transition. Ms. …
AFRICA’S INFRASTRUCTURE: GREAT POTENTIAL BUT LITTLE …
New estimates by the African Development Bank suggest that the continent’s infrastructure needs amount to $130–170 billion a year, with a financing gap in the range $68–$108 billion.
ECONOMIC DEVELOPMENT IN AFRICA - UNCTAD
2 Economic Development in Africa are the main documents defining the strategies to be pursued and are prepared by national authorities in developing countries with broad-based participation …
Economic Development in Africa: Tourism for Transformative …
The Economic Development in Africa Report 2017 aims to identify key barriers and impediments to unlocking the potential of tourism in Africa to help transform the continent's economy …
Economic Development in Africa Report 2021: Reaping the
The UNCTAD Economic Development in Africa Report 2021 makes a significant contribution to achieving Agenda 2063 by emphasizing the important role of equipping women and …
Economic Development in Africa Report 2022 - UNCTAD
The Economic Development in Africa Report 2022: Rethinking the Foundations of Export Diversification in Africa – The Catalytic Role of Business and Financial Services was prepared …
ECONOMIC DEVELOPMENT IN AFRICA: PERFORMANCE, …
It discusses inter alia policy options for enhancing growth and development in Africa in order to meet the objectives set forth by the international community, including that of reducing poverty …
Economic Development in Africa Report 2024 (Overview)
UNCTAD examines how the complex interplay of crises in 2000–2022 impacted economic development in Africa and exacerbated trade and financial risks, particularly for firms.
Driving Africa’s Transformation - African Development Bank
Jun 6, 2024 · The dynamics of Africa’s macroeconomic fun-damentals have remained mixed amid consider-able challenges. Average consumer price inflation in Africa is estimated to have …
African economies to expand moderately in 2024 and 2025, …
Addis Ababa, X January – Economic growth in Africa is projected to expand moderately over 2025 and 2026, driven by recovery in the largest economies, Egypt, Nigeria and South Africa.
2024 Economic Report on Africa: Investing in a Just and …
Africans (or about 1/3 of population) will be in poverty in 2024, about 50 mln. more than before COVID. Share of poor in total population in Africa is significantly higher than in the rest of the …
Economic Development in Africa Report 2024 (Overview)
This year’s Economic Development in Africa Report 2024: Unlocking Africa’s Trade Potential – Boosting Regional Markets and Reducing Risks presents some important tools in this context. …
Africa’s Development Dynamics 2019 AFRICA’S …
It presents a fresh narrative on Africa’s development, assessing the economic, social and institutional performance in light of targets of the African Union’s Agenda 2063. This second …
AFRICA’S ECONOMIC PERFORMANCE AND OUTLOOK
AFRICA’S ECONOMIC PERFORMANCE AND OUTLOOK 1 KEY MESSAGES • African economies remain resilient amid multiple shocks with average growth projected to stabilize at …
The Current Landscape of Economic Diversification in Africa
Why economic diversification matters for African countries? helps to smoothen volatility through cross-sectoral rebalancing of output and employment. increases total factor productivity …
2024 Economic development in Africa report - UNCTAD
This year’s Economic Development in Africa Report 2024: Unlocking Africa’s Trade Potential – Boosting Regional Markets and Reducing Risks presents some important tools in this context. …
Development Planning in Africa: Key Issues, Challenges and …
In the 1960s most of the newly independent African states, diverse as they are, adopted a planning approach to effect deep-seated changes in their economies and societies. This was …
Women, Entrepreneurship, and Economic Development in …
Drawing on insights from scholars and practitioners that work at the intersection of women, entrepreneurship, and economic development, this chapter captures the varied ways in which …
CHAPTER 1 RECENT ECONOMIC AND SOCIAL …
Africa’s economic growth is expected to contract to –4.1 per cent in 2020 (FIGURE 1.1). Growth in Africa is projected to rebound to 5.0 per cent in 2021, supported by the effective …
Industrialization in Africa and Least Developed Countries
Inclusive and sustainable industrial development is associated with job creation, sustainable liveli-hoods, innovation, technology and skills develop-ment, food security and equitable growth — …
Economic Development in Africa Report 2023: The Potential …
Economic Development in Africa Report analyses four strategic high-tech supply chains that will be decisive for Africa’s industrialization, social development and sustainable transition. Ms. …
AFRICA’S INFRASTRUCTURE: GREAT POTENTIAL BUT LITTLE …
New estimates by the African Development Bank suggest that the continent’s infrastructure needs amount to $130–170 billion a year, with a financing gap in the range $68–$108 billion.
ECONOMIC DEVELOPMENT IN AFRICA - UNCTAD
2 Economic Development in Africa are the main documents defining the strategies to be pursued and are prepared by national authorities in developing countries with broad-based participation …
Economic Development in Africa: Tourism for …
The Economic Development in Africa Report 2017 aims to identify key barriers and impediments to unlocking the potential of tourism in Africa to help transform the continent's economy …
Economic Development in Africa Report 2021: Reaping the …
The UNCTAD Economic Development in Africa Report 2021 makes a significant contribution to achieving Agenda 2063 by emphasizing the important role of equipping women and …
Economic Development in Africa Report 2022 - UNCTAD
The Economic Development in Africa Report 2022: Rethinking the Foundations of Export Diversification in Africa – The Catalytic Role of Business and Financial Services was prepared …
ECONOMIC DEVELOPMENT IN AFRICA: PERFORMANCE, …
It discusses inter alia policy options for enhancing growth and development in Africa in order to meet the objectives set forth by the international community, including that of reducing poverty …
