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Diversification: towards a new paradigm for Africa’s development

Author

Listed:
  • Ben Hammouda, Hakim
  • Karingi, Stephen
  • Njuguna, Angelica
  • Sadni Jallab, Mustapha

Abstract

This paper is articulated around the following chapters. After this introduction, the first chapter will underscore Africa’s development stakes. This analysis will enable us to tackle the problem of modernizing and diversifying the productive fabric of African economies. The second chapter will be devoted to the recent renewal of the diversification problem. It will enable us to underscore the new concerns and the development of the debate on this issue since the failure of the experiences of the 1970’s. The third chapter will be devoted to the presentation and the discussion of diversification gauging tools. The fourth chapter will present facts connected to the diversification of African economies. In this chapter, we took a comparative approach that would allow us to put into perspective the different sub-regional experiences as well as link Africa’s economic history in comparison to that of Asia and Latin America. In the fifth chapter, we will abandon the descriptive approach in favour of analytical elements and attempt to determine factors justifying diversification. This approach will be reflected upon in detail in the sixth chapter where we will focus our attention on the relation between diversification and economic growth. Finally, in the last chapter we will look into formulating economic policy recommendations for African countries in the area of diversification.

Suggested Citation

  • Ben Hammouda, Hakim & Karingi, Stephen & Njuguna, Angelica & Sadni Jallab, Mustapha, 2006. "Diversification: towards a new paradigm for Africa’s development," MPRA Paper 13359, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:13359
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    References listed on IDEAS

    as
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    Cited by:

    1. Amighini, Alessia & Sanfilippo, Marco, 2014. "Impact of South–South FDI and Trade on the Export Upgrading of African Economies," World Development, Elsevier, vol. 64(C), pages 1-17.
    2. Hakim Ben Hammouda & Stephen Karingi & Angelica Njuguna & Mustapha Sadni Jallab, 2010. "Growth, productivity and diversification in Africa," Journal of Productivity Analysis, Springer, vol. 33(2), pages 125-146, April.
    3. Michael Jetter & Andrés Ramírez Hassan, 2013. "The roots of export diversification," DOCUMENTOS DE TRABAJO CIEF 010600, UNIVERSIDAD EAFIT.
    4. Omgba, Luc Désiré, 2014. "Institutional foundations of export diversification patterns in oil-producing countries," Journal of Comparative Economics, Elsevier, vol. 42(4), pages 1052-1064.
    5. International Monetary Fund, 2013. "Botswana; 2013 Selected Issues," IMF Staff Country Reports 13/297, International Monetary Fund.
    6. Belmartino, Andrea, 2016. "Diversidad industrial en las provincias argentinas y factores económicos asociados (1996-2012)," Nülan. Deposited Documents 2604, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
    7. Wiig, Arne & Kolstad, Ivar, 2012. "If diversification is good, why don't countries diversify more? The political economy of diversification in resource-rich countries," Energy Policy, Elsevier, vol. 40(C), pages 196-203.
    8. Ron Sandrey & Hannah Edinger, 2011. "Working Paper 128 - China’s Manufacturing and Industrialization in Africa," Working Paper Series 294, African Development Bank.
    9. Obeng, Camara Kwasi, 2017. "Is the effect of exchange rate volatility on export diversification symmetric or asymmetric? Evidence from Ghana," MPRA Paper 79027, University Library of Munich, Germany.
    10. Ndambendia, Houdou, 2014. "Exports diversification and knowledge sharing from south-south and south-north economic cooperation: evidence from the Central and West Africa," MPRA Paper 71571, University Library of Munich, Germany, revised 2015.
    11. Baliamoune-Lutz, Mina, 2009. "Institutions, trade, and social cohesion in fragile states: Implications for policy conditionality and aid allocation," Journal of Policy Modeling, Elsevier, vol. 31(6), pages 877-890, November.
    12. Baliamoune-Lutz, Mina, 2009. "Tunisia's Development Experience: A Success Story?," WIDER Working Paper Series 032, World Institute for Development Economic Research (UNU-WIDER).

    More about this item

    Keywords

    Diversification- Africa- Regional Economic Communities;

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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