1887

Economic Report on Africa 2011

Governing Development in Africa - The Role of the State in Economic Transformation

image of Economic Report on Africa 2011

Many African economies are still characterized by a heavy reliance on the primary sector, high vulnerability to external shocks, jobless growth and slow progress towards social development. It is essential for African countries to promote economic diversification and structural transformation as a means to accelerate and sustain broad-based and shared high-employment-generating growth. This Report highlights that failure of earlier state-led and market-driven approaches to promoting economic transformation points to the need for fostering long-term investment, rapid and sustained economic growth, equity and social development within inclusive, transparent and comprehensive development frameworks.

English

.

Governing Development in Africa: Needs and Responses

An analysis of governing development in African economies may be focused along three axes: Africa’s urgent need for economic diversification and structural transformation, the role of the state in structural transformation, and how the construction of developmental states might enhance and hasten the economic transformation process.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error