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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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This paper puts sub-Saharan Africa's economic development into perspective. While much did not go as hoped for at … and the slow rate of employment growth. We refer to global shocks that have played a critical role in sub-Saharan Africa … requiring effective management for sub-Saharan Africa to realize its considerable development potential. …
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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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To continue its economic growth and create new and better livelihoods, Africa must transform the productive side of its …, but also new risks as Africa's integration with the global economy evolves. Climate change is impacting productive sectors …
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