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Shifting Gears: Igniting Structural Transformation in Africa-super- †

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  • Célestin Monga

Abstract

Rarely has a country evolved from a low- to a high-income status without sustained structural transformation from agrarian or resource-based towards an industry- or services-based economy. Yet few African countries have been successful in this transformation. This raises many questions: Within agriculture, services or industry, how does the process of moving into higher quality goods and services happen? Within firms, why are some able to move into export markets and start producing new goods, while others languish? How do economies move up the value chain? What determines a country's ability to create jobs? What is the appropriate role for governments and markets in the growth dynamics? This paper summarises the intellectual progress achieved through several major waves of growth research and highlights the remaining challenges of understanding structural change. It then provides some empirical evidence of the limited structural transformation that has taken place in Africa since independence, and suggests a blueprint to help policymakers in Africa and elsewhere address them. Copyright 2012 , Oxford University Press.

Suggested Citation

  • Célestin Monga, 2012. "Shifting Gears: Igniting Structural Transformation in Africa-super- †," Journal of African Economies, Centre for the Study of African Economies, vol. 21(suppl_2), pages -54, January.
    • Handle: RePEc:oup:jafrec:v:21:y:2012:i:suppl_2:p:-ii54
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    File URL: http://hdl.handle.net/10.1093/jae/ejr044
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    Cited by:

    1. Oluwatosin Adeniyi & Oludele Folarin, 2023. "Industrialisation, Finance, and Urbanisation in Africa," Working Papers 23/065, European Xtramile Centre of African Studies (EXCAS).
    2. Serigne Bassirou Lo & Lassana Cissokho, 2023. "Financial development, institutions and industrialization in sub‐Saharan Africa," African Development Review, African Development Bank, vol. 35(2), pages 152-164, June.
    3. Monga, Celestin, 2013. "The mechanics of job creation : seizing the new dividends of globalization," Policy Research Working Paper Series 6661, The World Bank.
    4. Oluwatosin Adeniyi & Oludele Folarin, 2023. "Industrialisation, Finance, and Urbanisation in Africa," Working Papers of the African Governance and Development Institute. 23/065, African Governance and Development Institute..
    5. Kakeu, Johnson & Nguimkeu, Pierre, 2017. "Habit formation and exhaustible resource risk-pricing," Energy Economics, Elsevier, vol. 64(C), pages 1-12.
    6. Rekha Ravindran & Suresh Babu Manalaya, 2023. "Does Premature Deindustrialisation Stall Growth? Evidence from Sub-Saharan Africa," Progress in Development Studies, , vol. 23(1), pages 65-81, January.

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