Infrastructure, Regional Integration and Growth in Sub-Saharan Africa: Dealing with the disadvantages of Geography and Sovereign Fragmentation
AbstractThe main message of this paper is that public action by making the choice to invest in infrastructure, has to be taken to alleviate the plight of African economies which are endowed with adverse, natural or geographical aspects like landlockedness and tropical climate. Drawing from the existing literature of the various channels or means through which infrastructure affects growth, this paper argues for the big push in promoting infrastructure, that is necessary not only to break out of underdevelopment but, more importantly to be on the path to sustained growth. The latter being realized since infrastructure facilitates equitable, economic growth; by improving basic services to the poor; e.g. access to electricity, clean water and roads to connect the rural and urban areas i.e. the internal, vast stretches of sparsely populated, predominantly poor population with the coastal, more developed areas. Focusing on infrastructure is now seen in the purview of complementing public investment in social services, which are geared towards attainment of the Millenium Development Goals rather than competing for the governments' scarce resources. Second, the importance of structural changes in public investment in infrastructure encompassing setting up of autonomous regulatory bodies, joint management with users of these services, and adoption of user pay principles to circumvent the externality problems associated with provision of public goods, are highlighted; in order to reduce the problem of lack of financing of recurrent costs for these projects, improve transparency and selectivity. Exploiting the pre-existing capacity of the private sector is emphasized in the management and project implementation stages, which also contributes towards enhancing the profitability of these ventures. Finally, apart from increasing public investment, the most important role to be played by the public sector in this changing scenario, will be to specifically engage in underwriting risks; to encourage private sector involvement in the face of additional problems related to poor integration in the region, fueled by deep sovereign and ethno-linguistic fragmentation. Copyright 2006, Oxford University Press.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Centre for the Study of African Economies (CSAE) in its journal Journal of African Economies.
Volume (Year): 15 (2006)
Issue (Month): 2 (December)
Contact details of provider:
Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
Phone: +44-(0)1865 271084
Fax: 01865 267 985
Web page: http://www.jae.oupjournals.org/
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Teresa Ter-Minassian & Richard Hughes & Alejandro Hajdenberg, 2008. "Creating Sustainable Fiscal Space for Infrastructure: The Case of Tanzania," IMF Working Papers 08/256, International Monetary Fund.
- Daehaeng Kim & Mika Saito, 2009. "A Rule-Based Medium-Term Fiscal Policy Framework for Tanzania," IMF Working Papers 09/244, International Monetary Fund.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.