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Restarting and Sustaining Growth and Development in Africa

Author

Listed:
  • Jamesy Duesenberry

    (Harvard University, Cambridge Massachusetts)

  • Arthur Goldsmith

    (University of Massachusetts,)

  • Malcolm McPherson

    (Harvard University, John F. Kennedy School of Government)

Abstract

We develop a framework thinking about how to restart and sustain growth and development in Africa. The framework has three themes - politics and institutions, macroeconomic management, and enhancing productivity. We conclude that African governments can begin to overcome regression and decline on a sustained basis with a program that emphasizes five issues. These are public sector restraint, increased public sector savings, improved institutions, measures by which African countries can gain from globalization, and proactive steps to end aid dependence. Focusing on these matters will help African governments simplify their development agendas and constructively engage the public sector in the task of promoting growth and development.

Suggested Citation

  • Jamesy Duesenberry & Arthur Goldsmith & Malcolm McPherson, 2001. "Restarting and Sustaining Growth and Development in Africa," Journal of African Development, African Finance and Economic Association, vol. 4(1), pages 102-127.
  • Handle: RePEc:afe:journl:v:4:y:2001:i:1:p:102-127
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