Defining structural transformation -- Seeking transformation? Africa is not alone -- Transformation through industrialization -- Understanding other key enablers of Africa's structural transformation -- Innovative development financing sources -- Selected experiences: drilling into the country...

An important stylized fact about African economic development is the phenomenon of urbanization without structural transformation. This paper provides a political economy analysis of the lack of structural transformation in African cities, drawing on the Deals and Development framework. It...

Over the past 30 years (1990-2019), African economies have experienced remarkable improvements in real macroeconomic conditions, characterized by higher and more stable real per-capita growth rates, and lower and more stable inflation. This paper documents and seeks to explain these changes at...