Drivers of Economic Growth in Africa
Research Papers
Open
- File Details
- Size: 25MB
- Creator / Author: Joan Addedis
- Resource Type: Africa Capacity Report
- # Download: 254
- Access: Open to Download
Download Files
Occasional Paper 29 En.pdf
Basic Information
Geographic & Audience Details
Geographic Coverage
Classification & Domains
Subject
Economic Growth
Abstract
The paper produced by the African Capacity Building Foundation (ACBF) shows that investment, human capital formation, debt, and overseas development assistance drive Africas economic growth. It recommends paying attention to capacity, which is critical to making Africas 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.
Keywords
Poverty Alleviation, CAPACITY DEVELOPMENT, AGENDA 2063, Infrastructure andTtechnology Transfer, Illicit Finance Flow, IFFs, Debt, SOVEREIGN BONDS
Login Required
Please log in or create an account to view and post comments.
Log In Register