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This book identifies the key sources of growth that have played a significant role in Africa's recent robust growth as well as its efforts towards economic transformation. The chapters assess to what extent the existing macroeconomic frameworks among African countries have been streamlined to the countries' development priorities in order to achieve long-term growth and economic transformation. Taking into account the diversity of African countries, the authors establish the economic linkages between relevant macroeconomic policy variables and the key sources of growth and development among the selected African economies, based on both theoretical and empirical underpinnings. Following this, the authors suggest an outline of a macroeconomic framework for Africa’s long-term growth and economic transformation.
Macroeconomics. --- Africa --- Economic policy. --- Economic conditions. --- Development economics. --- Economic history. --- Economics. --- Macroeconomics/Monetary Economics//Financial Economics. --- Political Economy/Economic Policy. --- Development Economics. --- Economy-wide Country Studies. --- Economics --- Economic Policy. --- Economic conditions --- History, Economic --- Economic development --- Economic nationalism --- Economic planning --- National planning --- State planning --- Planning --- National security --- Social policy
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This book explores how better governance can help Africa to achieve structural transformation (understood to be the reallocation of factors of production across and within sectors to better support inclusive development), which history has shown to be key to sustained, inclusive growth. The book begins with a review of the existing literature on the links between governance and structural transformation and the success or otherwise of various sub regions in achieving structural transformation. It continues with a range of contributors addressing original empirical research on the relationships between different approaches to institutions and trade and industrial policies and structural transformation in Africa. The book makes recommendations for a new approach to governance in Africa that can deliver the structural transformation that the continent needs for Africans to enjoy shared prosperity, poverty reduction and development.
Industrial policy --- Structural adjustment (Economic policy) --- Africa --- Economic conditions --- Africa—Economic conditions. --- Economic policy. --- Economic growth. --- Development economics. --- African Economics. --- Economic Policy. --- Economic Growth. --- Development Economics. --- Economics --- Economic development --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Economic nationalism --- Economic planning --- National planning --- State planning --- Planning --- National security --- Social policy
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This book explores how better governance can help Africa to achieve structural transformation (understood to be the reallocation of factors of production across and within sectors to better support inclusive development), which history has shown to be key to sustained, inclusive growth. The book begins with a review of the existing literature on the links between governance and structural transformation and the success or otherwise of various sub regions in achieving structural transformation. It continues with a range of contributors addressing original empirical research on the relationships between different approaches to institutions and trade and industrial policies and structural transformation in Africa. The book makes recommendations for a new approach to governance in Africa that can deliver the structural transformation that the continent needs for Africans to enjoy shared prosperity, poverty reduction and development.
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This book identifies the key sources of growth that have played a significant role in Africa's recent robust growth as well as its efforts towards economic transformation. The chapters assess to what extent the existing macroeconomic frameworks among African countries have been streamlined to the countries' development priorities in order to achieve long-term growth and economic transformation. Taking into account the diversity of African countries, the authors establish the economic linkages between relevant macroeconomic policy variables and the key sources of growth and development among the selected African economies, based on both theoretical and empirical underpinnings. Following this, the authors suggest an outline of a macroeconomic framework for Africa’s long-term growth and economic transformation.
Macroeconomics --- Economic policy and planning (general) --- Economic conditions. Economic development --- Developing countries: economic development problems --- Economics --- World history --- economie --- economische politiek --- ontwikkelingssamenwerking --- macro-economie --- economische geschiedenis
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The role of integration as a catalyst for economic growth, development and insulation from global shocks has made the concept of regional integration even more attractive to states. This books contains compelling arguments and empirical observations that detail some of the key opportunities governments in Africa are pursuing.
Africa --- Africa --- Economic integration. --- Economic policy.
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Economic policy and planning (general) --- International economic relations --- Africa
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