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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 Africa is possible. In fact, there are indications that Africa is at a turning point, and there is growing momentum among front-runner economies in the region toward higher and sustained growth. This study challenges African countries and their development partners to consolidate and continue this momentum and to exploit the advantages of the continent as a latecomer, particularly in innovation and in drawing lessons from successful export-led growth experiences in Asia and Latin America. "Challenges of African Growth" identifies opportunities, constraints, and strategic choices that African countries face in their quest for achieving the growth necessary for poverty alleviation. More important, the study provides a broad menu of stategic options for ensuring not only that countries embark on a growth path, but also that the growth is shared and sustainable. The critical areas for action rest on four pillars: the investment climate; infrastructure; innovation for increasing productivity and competitiveness; and institutional capacity.
In recent years, Africa has undergone the longest period of sustained economic growth in the continent’s history, drawing the attention of the international media and academics alike. This book analyses the Africa Rising narrative from multidisciplinary perspectives, offering a critical assessment of the explanations given for the poor economic growth and development performance in Africa prior to the millennium and the dramatic shift towards the new Africa. Bringing in perspectives from African intellectuals and scholars, many of whom have previously been overlooked in this debate, the book examines the construction of Africa’s economic growth and development portraits over the years. It looks at two institutions that play a vital role in African development, providing a detailed explanation of how the World Bank and the IMF have interpreted and dealt with the African challenges and experiences. The insightful analysis reveals that if Africa is rising, only 20-30 per cent of Africans are aboard the rising ship, and the main challenge facing the continent today is to bring on board the majority of Africans who have been excluded from growth. This book makes the complex, and sometimes confusing debates on Africa’s economic growth experience more accessible to a wide range of readers interested in the Africa story. It is essential reading for students and researchers in African Studies, and will be of great interest to scholars in Development Studies, Political Economy, and Development Economics.
This open access textbook offers a critical introduction to human and economic development prospects in Africa revolving around three questions: where is Africa today, what explains the current state, and, given historical trends and what we know about the world, where do we think the continent will be in 2040? And, a final question: what can we do to create a better tomorrow? It models ambitious progress in health, demographics, agriculture, education, industrialization, technological leapfrogging, increased trade, greater stability, better governance and external support. The book reviews the future of work/jobs, poverty and the impact of climate change. A combined Closing the Gap scenario presents a forecast of what could be possible by 2040. Each chapter suggests which policies might accelerate prospects for each sector. Written in an accessible style, and supported by a range of pedagogical features, this textbook introduces undergraduate and graduate students to the contemporary human and economic development prospects in Africa.
This volume analyses many of the real development challenges confronting the African continent, presenting fresh and current objective examinations, narratives, interpretations and pathways to the continent’s development. It interrogates and answers established, critical, current and pragmatic problems confronting Africa today, and provides workable pathways out of the development problems, so that scholarship, policy and practice will be positively impacted. This volume adds great depth and extended breadth to the knowledge base on development of Africa. It provides excellent resources for academics, scholars, student, policy makers and all those interested in issues affecting Africa’s development.
The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.
This book is designed to explore the following,challenges and imperatives for African countries,in the twenty-first century: liberalisation of,commercial and industrial activities in a,deliberate effort to make them the preserve of the,private sector, generation of an appropriate,industrial and trade strategy, nurturing,technological development, redressing the debt,burden, curbing industrial strife, protection of,the fragile natural environment, and,reconsideration of the size and functions of,government.
The idea that developing all sectors of the educational palette is influential for socio-economic development was adopted later in Sub-Saharan Africa than in other world regions. Most efforts went primarily into developing the first stages of education, and rightly so, for many children could not access education at all. Today, all African governments recognize the importance of higher education and increasingly invest in it. They are facing two major, interlinked challenges: rapid population growth and decline in the quality of education. Indeed, despite fertility decline, the region has been confronted with substantial population growth, which will continue for many decades; as such, there is a necessity to increase investment in education. This, in a situation of limited resources, has been at the expense of the quality and the burgeoning of private institutions of higher education. The contributions here discuss the development, quality, and outcomes of higher education in Africa, with a specific focus on relations between Africa and Europe. Issues related to the mobility of African students and scholars are discussed in several national and international case studies.
Publisher description
Taking a forward-looking approach, this book critically examines the issues and dynamics central to Africa's problematic development and situates these issues within the contents unique cultural, political, economic, and social milieu. Moving away from a simple litany of problems bedeviling Africa's economy, the book is the culmination of several scholars' efforts to identify specific causative factors. Each chapter delineates a specific issue, demonstrates the role it plays in overall development, and speculates on probable ways to meet the challenges it poses. The major conceptual and epistemological constructs considered include the tamed African State, social capacity, management of change, reconceptualized gender roles, and economic integration. Although the contributors' various approaches diverge and disagree, the epistemological variations contribute cumulatively to an understanding of the issues at the root of Africa's slow pace of development. While traversing the spectrum of issues that affect development, the book uniquely points out that the management of change is pivotal to fostering development. The authors' efforts provide a useful base for future research and help to chart a course of action leading to success in the 21st century.
In 1963 there was a French agronomist named René Dumont who published a book: False start in Africa in this book it explains the economic and development difficulties that Africa was facing so since then what is the real situation of Africa today? The book is a theory-led conceptual account of the contemporary challenges that face African Development and the factors that may interact and influence at the interface of Africa development. African natural resources play vital roles in the world economic by providing the raw materials that most of the industrialized countries need for manufacturing goods and supplying services in every sector for economic growth and well-being. How come that Africa which is full of these natural resources can be the poorest continent? Africa has steadily engaged in the challenges of the twenty-first century, which began at the beginning of liberalization, which has increased economic integration, even for less developed countries or LDCs to benefit. However, there are questions about the capabilities of countries belonging LDC, especially Africa, which has cast doubt on the continent's economic progress and development. The growing list of number of key considerations and aspects that Africa needs to deal with is seemed to be impossible to know what to start.