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Africa needs structural change to sustain growth. Industry with and without smoke stacks is key, but Africa has deindustrialised since the 1970s. Can Africa industrialise? Rising costs and domestic demand in Asia offer an opportunity. However, trade in tasks, firm capabilities and agglomeration...
Persistent link: https://www.econbiz.de/10009401612
The essays in this volume document in various ways the limited extent of structural change in Africa over the past 40 years. They also document and analyse the failure of Africa to industrialise while addressing the question of how policies might be reshaped to boost industrial development and...
Persistent link: https://www.econbiz.de/10009401617
Has Africa finally reached the path to sustained growth? We find that much of the improvement in economic performance in Africa after 1995 is attributable to a substantial reduction in the frequency and severity of growth declines in all economies and an increase in growth accelerations in...
Persistent link: https://www.econbiz.de/10008554031
What is pro-poor growth, and is it a useful concept for African development policy? This paper examines the debate between proponents of growth and poverty reduction, highlighting the diversity of regional and country experiences in promoting development with these two objectives. The author...
Persistent link: https://www.econbiz.de/10005568448
A considerable amount of research has been conducted on the topic of migration and remittances over the last few years. Early studies on immigration policy assumed that migrants leave their countries, settle in a new country, start integrating in their new society, and abandon their ties with...
Persistent link: https://www.econbiz.de/10005578769