Showing 1 - 6 of 6
Africa should industrialize. Without structural change it cannot sustain recent growth. Economies with more diverse and sophisticated industrial sectors tend to grow faster. But since 1980 Africa has deindustrialized. The paper shows that between 1975 and 2005 the size, diversity and...
Persistent link: https://www.econbiz.de/10009366423
Growth and poverty reduction in Africa are weakly linked. This paper argues that the reason is that Africa has failed to create enough good jobs. Structural transformation?the relative growth of employment in high productivity sectors?has not featured in
Persistent link: https://www.econbiz.de/10010854479
Recent writing on industrial policy stresses the need for coordination between the public and private sectors. This paper examines the performance of one such coordination mechanism, Presidential Investors. Advisory Councils, in Ethiopia, Senegal, Tanzani
Persistent link: https://www.econbiz.de/10011076171
Aid providers frequently link supporting small firms to job creation. Small firms create about half of new jobs in Africa, but they also have higher failure rates. Ignoring firm exit exaggerates net employment growth. Using panel data for Ethiopia, we fin
Persistent link: https://www.econbiz.de/10010612995
This paper argues that official development assistance (foreign aid) is partly responsible for the lack of structural change in Africa. Africa.s development partners have devoted too few resources and too little attention to two critical constraints to private investment, infrastructure and...
Persistent link: https://www.econbiz.de/10010540134
This paper examines the country-level dynamics of long-run growth in Africa between 1975 and 2005. We are primarily interested in examining how growth has affected mobility and the distribution of income among countries. We analyse changes in the cross-country income structure and convergence....
Persistent link: https://www.econbiz.de/10005033187