Although there are important lessons for Africa from the experience of East Asia, the sectoral and spatial structures of an increasingly prosperous Africa will be more like those of the Americas. Because it is land-abundant, as is America, Africa will always have a larger primary sector and a...

Cross-country econometric analysis informed by Heckscher-Ohlin theory suggests that the concentration of Africa's exports on unprocessed primary products is caused largely by the region's combination of low levels of education and abundant natural resources. One-third of the countries in Africa...