Regional Development Poles and the Transformation of African Economies

Regional Development Poles and the Transformation of African Economies PDF Author: Benaiah Yongo-Bure
Publisher: Routledge
ISBN: 1000041107
Category : Business & Economics
Languages : en
Pages : 218

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Book Description
This book argues that the development of capital goods manufacturing industries in four relatively large African economies will create regional development poles, from which industrialization will spread to the smaller African countries. In this book, Benaiah Yongo-Bure explains the need for capital goods industries in Africa and shows how manufacturing can transform economies. He outlines the roles of the Democratic Republic of Congo (DRC), Ethiopia, Nigeria, and South Africa as potential regional development poles, showing how the existing economies, natural resources, and populations of these countries make them ideal candidates, while also considering possible challenges to industrialization. Finally, the author assesses what major infrastructural development is needed to link the countries and regions to increase the spread effects of economic growth. This book will be of interest to scholars and policy makers in economic development and regional development in Africa.

Regional Development Poles and the Transformation of African Economies

Regional Development Poles and the Transformation of African Economies PDF Author: Benaiah Yongo-Bure
Publisher: Routledge
ISBN: 1000041107
Category : Business & Economics
Languages : en
Pages : 218

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Book Description
This book argues that the development of capital goods manufacturing industries in four relatively large African economies will create regional development poles, from which industrialization will spread to the smaller African countries. In this book, Benaiah Yongo-Bure explains the need for capital goods industries in Africa and shows how manufacturing can transform economies. He outlines the roles of the Democratic Republic of Congo (DRC), Ethiopia, Nigeria, and South Africa as potential regional development poles, showing how the existing economies, natural resources, and populations of these countries make them ideal candidates, while also considering possible challenges to industrialization. Finally, the author assesses what major infrastructural development is needed to link the countries and regions to increase the spread effects of economic growth. This book will be of interest to scholars and policy makers in economic development and regional development in Africa.

African Economic Outlook 2015 Regional Development and Spatial Inclusion

African Economic Outlook 2015 Regional Development and Spatial Inclusion PDF Author: African Development Bank
Publisher: OECD Publishing
ISBN: 926423330X
Category :
Languages : en
Pages : 352

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Book Description
The African Economic Outlook 2015 analyses Africa’s growing role in the world economy and predicts the continent’s two-year prospects in crucial areas: macroeconomics, financing, trade policies and regional integration, human development, and governance.

Contemporary Regional Development in Africa

Contemporary Regional Development in Africa PDF Author: Kobena T. Hanson
Publisher: Routledge
ISBN: 1317160533
Category : Political Science
Languages : en
Pages : 225

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Book Description
Contemporary Regional Development in Africa interrogates well-known concerns in the areas of regionalism and economic integration in contemporary Africa, while offering an added uniqueness by highlighting the capacity imperatives of the issues, and proposing critical policy guideposts. The volume juxtaposes a set of ’dynamic’ entanglements - new and micro-regionalism, informal cross-border trade, intra-African and African FDI plus cross-border investments, infrastructure development, science and technology, regional value-chains, conflict management and regional security - with fluid interpretations of regional development. The chapters provide snapshots of the several emerging and complex regionalisms and highlight a set of relevant and often overlapping analyses - drawing on authors’ nuanced and granular understanding of the African landscape. The varied, yet interlinked, nature of issues covered in this study make the book valuable and attractive to academics, researchers, policymakers and development practitioners.

Africa's Progress in Regional and Global Economic Integration - Towards Transformative Regional Integration

Africa's Progress in Regional and Global Economic Integration - Towards Transformative Regional Integration PDF Author: Achim Gutowski
Publisher: LIT Verlag Münster
ISBN: 3643905238
Category : Africa
Languages : en
Pages : 454

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Book Description
Based on Africa's deep routed structural problems, the key aspect of a transformative regional integration is how to promote structural transformation by adapted strategies and policies for the African regional economic communities, for the Continental Free Trade Area, and for the Tripartite Free Trade Area. Regional integration in Africa is based on a conventional (linear) model, starting with trade preference zones and moving to free trade areas, customs unions, and monetary and economic zones, with the ultimate goal to reach political unity. Specific problems of a more transformative regional integration agenda are discussed, such as: ?food security and agriculture; industry development, enterprise growth and competition; and economic partnership agreements with extra-regional partners. In the final section, the impact of three global value chains of importance for Africa (diamonds, shea butter, and sesame) are considered on regions, on sub-regions, and on regional integration. (Series: African Development Perspectives Yearbook, Vol. 18) [Subject: African Studies, Economics

The External Sector of Africa's Economy

The External Sector of Africa's Economy PDF Author: Diery Seck
Publisher: Springer
ISBN: 3319979132
Category : Business & Economics
Languages : en
Pages : 239

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Book Description
The book examines various aspects of Africa's external economy by focusing on regional monetary arrangements and how they are affected by devaluation episodes. It investigates the relationship between current account balances, trade balances and trade openness with respect to regional integration and regional growth patterns, discusses obstacles to a successful regional integration and paths to structural transformation, and studies the impact of economic partnership on inclusive development. The book addresses researchers and policymakers interested in development economies and African economic development.

The Political Economy of Development

The Political Economy of Development PDF Author: Sadig Rasheed
Publisher: Association of African Universities
ISBN:
Category : Business & Economics
Languages : en
Pages : 576

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Book Description
The Association of African Universities and the United Nations Economic Commission for Africa jointly sponsored this study in two volumes. The diagnoses and proposals emanate from a distinctively African perspective, and the work aims to fill a gap in the literature available on Africa's own views and analysis on unfolding issues concerning the continent's development. Volume two focuses on the strategies and policies of African development e.g. food self-sufficiency, the challenges of collective self-reliant development, regional economic cooperation and integration, rural transformation in Africa and agricultural development.

Industrial Policy and Economic Transformation in Africa

Industrial Policy and Economic Transformation in Africa PDF Author: Akbar Noman
Publisher: Columbia University Press
ISBN: 0231540779
Category : Business & Economics
Languages : en
Pages : 469

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Book Description
The revival of economic growth in Sub-Saharan Africa is all the more welcome for having followed one of the worst economic disasters—a quarter century of economic malaise for most of the region—since the industrial revolution. Six of the world's fastest-growing economies in the first decade of this century were African. Yet only in Ethiopia and Rwanda was growth not based on resources and the rising price of oil. Deindustrialization has yet to be reversed, and progress toward creating a modern economy remains limited. This book explores the vital role that active government policies can play in transforming African economies. Such policies pertain not just to industry. They traverse all economic sectors, including finance, information technology, and agriculture. These packages of learning, industrial, and technology (LIT) policies aim to bring vigorous and lasting growth to the region. This collection features case studies of LIT policies in action in many parts of the world, examining their risks and rewards and what they mean for Sub-Saharan Africa.

African Development, African Transformation

African Development, African Transformation PDF Author: Landry Signé
Publisher: Cambridge University Press
ISBN: 1108642845
Category : Political Science
Languages : en
Pages :

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Book Description
Africa is home to many of the world's fastest-growing economies. This powerful book traces new continental institutions for development and their capacity to affect economic growth, regional integration, and international cooperation in Africa. It also assesses Africa's ability to achieve the Sustainable Development Goals and the African Union's Agenda 2063. As the continent's most ambitious development initiative since independence, the African Union Development Agency (or AUDA, previously known as the New Partnership for Africa's Development or NEPAD) provides an excellent case study for examining how an African-based, continent-wide development institution emerged. Inspired by the ideas of Pan-Africanism and the African Renaissance, NEPAD was created to bring Africa into the globalizing world, to close the gap between developing and developed countries, to enhance economic growth, and to eradicate poverty. Almost two decades after NEPAD's creation and it was given its transformation into AUDA, this brilliant book examines its role in achieving these goals.

Economic Report on Africa

Economic Report on Africa PDF Author: United Nations. Economic Commission for Africa
Publisher: UN
ISBN:
Category : Political Science
Languages : en
Pages : 188

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Book Description
This publication assesses long-term trends in Africa's growth, analyses the factors behind the recent growth momentum, and provides global perspectives on the key challenges to be addressed, which are critical to unleashing the role of Africa as a global growth pole. The main aim of this publication is to facilitate discussion on concrete policy directions and actions at both national and regional levels that would help Africa realize its growth potential. As in previous editions, the first part of the report examines recent economic and social developments as well as some selected current and emerging development issues in Africa. The second part focuses on the question of how to address key constraints and unleash the potential of the continent as a new pole of global growth.

Economic Transformation in Sub-Saharan Africa

Economic Transformation in Sub-Saharan Africa PDF Author: Donald L. Sparks
Publisher: Routledge
ISBN: 1000375404
Category : Business & Economics
Languages : en
Pages : 57

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Book Description
Sub-Saharan Africa is vastly diverse, and the 49 countries of the region range significantly in terms of population, size and economic scale. The region also differs in topography, climate, history, culture, languages and political systems. Given this vast diversity, it is, accordingly, difficult to draw general conclusions about the continent’s economic performance as a whole. Additionally, the lack of current statistics for several countries makes it difficult to make accurate assessments of economic conditions. Nevertheless, some broad comparisons can be made: of the world’s developing areas, sub-Saharan Africa has the worst record in virtually all of the most important social and economic indicators: the region has the lowest gross national income per head, the lowest life expectancy at birth, the lowest youth literacy rate, the highest rate of adult HIV infection and the highest number of children not living past five years of age. This volume begins by examining recent economic developments and trends. It then looks at the major economic constraints the region has faced in recent years, breaking down those constraints as either ‘external’ (e.g. terms of trade) over which the individual countries have but limited control, or ‘internal’ (e.g. governance and economic policy), over which there is more control. The book concludes by arguing that, despite the notable challenges cited above, sub-Saharan Africa is poised for a transformation, based on closer regional economic co-operation, a growing middle class, increased demand for locally produced goods and services, and a young population.