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Challenges of African Growth : Opportunities, Constraints, and Strategic Directions

  • Benno J. Ndulu
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    Poverty in Africa is largely the outcome of slow growth. With the region hosting 10 percent of the world's population but a staggering 30 percent of the world's poor, the challenges it faces are enormous but not insurmountable. The message of this book is clear - poverty-eradicating development in Africa is possible. In fact, there are indications that Africa is at a turning point, and there is growing momentum among front-runner economies in the region toward higher and sustained growth. This study challenges African countries and their development partners to consolidate and continue this momentum and to exploit the advantages of the continent as a latecomer, particularly in innovation and in drawing lessons from successful export-led growth experiences in Asia and Latin America.

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    This book is provided by The World Bank in its series World Bank Publications with number 6656 and published in 2007.
    ISBN: 0-8213-6882-6
    Handle: RePEc:wbk:wbpubs:6656
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    Web page: https://openknowledge.worldbank.org
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    1. Van Biesebroeck, Johannes, 2005. "Firm Size Matters: Growth and Productivity Growth in African Manufacturing," Economic Development and Cultural Change, University of Chicago Press, vol. 53(3), pages 545-83, April.
    2. Ng, Francis & Yeats, Alexander, 1996. "Open economies work better! Did Africa's protectionist policies cause its marginalization in world trade?," Policy Research Working Paper Series 1636, The World Bank.
    3. World Bank, 2004. "Investment Climate Assessment : Improving Enterprise Performance and Growth in Tanzania," World Bank Other Operational Studies 14413, The World Bank.
    4. Wellenius, Bjorn & Foster, Vivien & Malmberg-Calvo, Christina, 2004. "Private provision of rural infrastructure services: competing for subsidies," Policy Research Working Paper Series 3365, The World Bank.
    5. Shahid Yusuf, 2003. "Innovative East Asia : The Future of Growth," World Bank Publications, The World Bank, number 15158.
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