"Despite Ghana's strong democratic track record in recent decades, the economy remains underdeveloped. Industrial policies are necessary to transform the colonial trading economy that Ghana inherited at independence, but successive governments have been unwilling or unable to implement them. In...

"Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income...

South Africa's leading economists adopt within this volume a sectoral approach in their analysis of the drastic changes that have occurred within the South African economy since 1970. The book illustrates how, despite its sophisticated infrastructure, the South African economy has shared in the...