Poverty in Africa is largely the outcome of slow growth. With the region hosting 10 percent of the world's population but a staggering 30 percent of the world's poor, the challenges it faces are enormous but not insurmountable. The message of this book is clear - poverty-eradicating development...

In the pursuit of structural transformation and inclusive growth, this paper identifies industries in Tanzania which can accumulate new productive knowledge and diversify the economy. The analysis has two main components. First, a Product Space analysis identifies niches primarily within the...

The main message of this paper is that public action by making the choice to invest in infrastructure, has to be taken to alleviate the plight of African economies which are endowed with adverse, natural or geographical aspects like landlockedness and tropical climate. Drawing from the existing...

"Since the 1960s economic growth rates have been far lower in sub-Saharan Africa than in other developing regions. This poor performance has resulted primarily from endemic rent-seeking and the over-regulation of markets. To achieve high growth rates, African countries must improve the...