While it is possible for economies to grow based on abundant land or natural resources, more often structural change-the shift of resources from low-productivity to high-productivity sectors-is the key driver of economic growth. Structural transformation is vital for Africa. The region's...

Although manufacturing has played an important role in the growth of developing countries, Africa has lagged in this industry. This text argues that activities sharing the characteristics of manufacturing, including tourism and ICT, are beginning to play an important role in Africa, offering new...

For a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks. This book presents research on how to better manage the revenues and opportunities associated with natural resources.