Good Growth and Governance in Africa Rethinking Development Strategies

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  • Format: Paperback
  • Copyright: 2012-03-02
  • Publisher: Oxford University Press

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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 successfulin 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 believethat policies based on lessons of successes, notably in East Asia, can be adapted successfully in African contexts.

Author Biography

Akbar Noman is Adjunct Associate Professor of International and Public Affairs at Columbia University. Kwesi Botchwey is Executive Chairman of the African Development Policy Ownership Initiative (ADPOI). Howard Stein is Professor at the Department of Afroamerican and African Studies at the University of Michigan. Joseph E. Stiglitz is University Professor at Columbia University.

Table of Contents

List of Figuresp. xiii
List of Tablesp. xvi
List of Boxesp. xix
List of Contributorsp. xx
Introduction and Overview
Strategies for African Developmentp. 3
Governance, Institutions, and the State
Governance and Growth: History, Ideology, and Methods of Proofp. 51
Institutional Monocropping and Monotasking in Africap. 80
Governance and Growth Challenges for Africap. 114
States and Markets: Neoliberal Limitations and the Case for a Developmental Statep. 140
The African Economic Growth Record, and the Roles of Policy Syndromes and Governancep. 175
Technology, Industrial, and Trade Policies
Dynamic Capacity Development: What Africa Can Learn from Industrial Policy Formulation in East Asiap. 221
How can Low-Income Countries Accelerate their Catch-Up with High-Income Countries? The Case for Open-Economy Industrial Policyp. 246
Institutional Capacity and Policy Choices for Latecomer Technology Developmentp. 273
State-Business Relations, Investment Climate Reform, and Economic Growth in Sub-Saharan Africap. 303
Africa, Industrial Policy, and Export Processing Zones: Lessons from Asiap. 322
South African Post-Apartheid Policies Towards Industrialization: Tentative Implications for Other African Countriesp. 345
Issues in Africa's Industrial Policy Processp. 372
Tiger, Tiger, Burning Bright? Industrial Policy "Lessons" from Ireland for Small African Economiesp. 406
Employment and Human Capital
Employment in Sub-Saharan Africa: Lessons to be Learnt from the East Asian Experiencep. 437
Skills Development for Economic Growth in Sub-Saharan Africa: A Pragmatic Perspectivep. 462
International Context
Economic Liberalization and Constraints to Development in Sub-Saharan Africap. 499
The Emerging Asian Giants and Economic Development in Africap. 536
Indexp. 565
Table of Contents provided by Ingram. All Rights Reserved.

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