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TitleDrivers of Economic Growth in Africa
SubjectEconomic Growth
Date of Publication20171009
Number of Pages47 pages
Geographical CoverageAfrica
KeywordsPoverty Alleviation, CAPACITY DEVELOPMENT, AGENDA 2063, Infrastructure andTtechnology Transfer, Illicit Finance Flow, IFFs, Debt , SOVEREIGN BONDS
AbstractThe paper produced by the African Capacity Building Foundation (ACBF) shows that investment, human capital formation, debt, and overseas development assistance drive Africa’s economic growth. It recommends paying attention to capacity, which is critical to making Africa’s growth sustainable and inclusive. Continental, regional, and national long-term growth plans require stronger capacities to improve economic governance, align national and subnational institutions, coordinate planning and financing ministries, and cultivate a culture of committed leadership to stir economies when times are hard and execute recovery plans without policy reversals. The paper provokes discussion, encourages further investigation, and defines the critical capacity challenges to tackling the growth-equality disconnect in Africa.
Copyright HolderACBF
Copyright URL
Filesize715816 MB
File FormatPDF
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