Why has the economic growth performance of Sub-Saharan Africa been disappointing on balance over the past 50 years? More importantly, what can be done to reverse that trend and to sustain and improve upon the accelerated growth experienced in recent years? What are the possibilities and policies for Africa to reduce poverty and achieve sustained, rapid economic growth? What are the lessons of success in both Africa and elsewhere? Could some of the policies that proved so successful in East Asia help reverse the deindustrialization of Africa in the past three decades and be the basis of its structural transformation? These were the questions posed to a diverse group of experts on development convened by the Initiative for Policy Dialogue (IPD). This volume reflects the highlights of their deliberations. It broadens the policy debate, expands the policy options, and proposes alternative development strategies. This book captures the lively, and sometimes contentious, debate, and provides a note of optimism for the future. Though success is not assured, this volume argues that there is good reason to believe that policies based on lessons of successes, notably in East Asia, can be adapted successfully in African contexts.
|Publication date:||22nd December 2011|
|Publisher:||Oxford University Press|
|Categories:||Development economics & emerging economies, Central government, Economic growth, Macroeconomics,|
Akbar Noman is an economist with wide-ranging experience of policy analysis and formulation in a variety of developing and transition economies, having worked extensively for the World Bank where he was Senior Economist for Ethiopia and an influential adviser to the government. He combines teaching at SIPA with being a Senior Fellow at the Initiative for Policy Dialogue. His other academic appointments have been at Oxford University (where he was also a student) and the Institute of Development Studies at the University of Sussex. Kwesi Botchwey was Ghana's Ministers of Finance from 1983-1995 and he was key to stabilizing the ...More About Akbar Noman