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It is clear that a lot remains to be learnt about the role of the financial sector in African growth and development process. All three papers in this volume focus on the existing consensus in the literature that there seems to be a positive relationship between financial development and...
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part of the multicountry research initiative, Macroeconomic Reforms and Regional Integration in Southern Africa. This …
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transformation is vital for Africa. The region's much-lauded growth turnaround since 1995 has been the result of making fewer … economic policy mistakes, robust commodity prices, and new discoveries of natural resources. At the same time, Africa …'s exports. Industry is most often the leading driver of structural transformation. Africa's experience with industrialization …
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