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GROWTH STRATEGIES FOR AFRICA IN A CHANGING GLOBAL ENVIRONMENT: Policy observations for sustainable and shared growth
https://doi.org/10.18884/00000869
https://doi.org/10.18884/00000869e48e7c8a-d899-4f60-a05a-25ee597a6aaa
名前 / ファイル | ライセンス | アクション |
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Growth_strategies_for_Africa_Leipziger_and_Yusuf-JICA_IPD_Working_Papers (569.7 kB)
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Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
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公開日 | 2018-03-27 | |||||
タイトル | ||||||
タイトル | GROWTH STRATEGIES FOR AFRICA IN A CHANGING GLOBAL ENVIRONMENT: Policy observations for sustainable and shared growth | |||||
言語 | ||||||
言語 | eng | |||||
資源タイプ | ||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||
資源タイプ | departmental bulletin paper | |||||
ID登録 | ||||||
ID登録 | 10.18884/00000869 | |||||
ID登録タイプ | JaLC | |||||
著者 |
Leipziger, Danny
× Leipziger, Danny× Yusuf, Shahid |
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抄録 | ||||||
内容記述タイプ | Abstract | |||||
内容記述 | Following decolonization, growth accelerated in the leading African economies with the emergence of industrial activity, the modernization of physical infrastructure, and the quickening of urbanization. However, by the mid-1970s this initial phase of catching up had run out of steam, and African countries entered a long economic twilight that extended through the mid-1990s. Since then, and for over a decade, Africa, has benefitted from a widely shared revival of economic activity. Some reasons for this revival are shared worldwide, including globalization, innovations triggered by the advent of the Internet and advances in semiconductor/digital technologies, expansionary monetary policies, and by the growth of Asian countries that accelerated industrialization and trade volume. Other causes are internal to Africa, such as greater stability, better-managed macroeconomic policy, more open economies, and improved human development indicators. But this new-found momentum cannot be taken for granted. In particular, the financial crisis of 2008–09 has weakened Africa’s principal Western trading partners. Export-led growth is no longer the recipe for all seasons. This paper sketches a strategy for African late starters that identifies the key objectives and policy initiatives appropriate for a post-financial-crisis environment where South-South trade and capital flows are taking on a greater salience. | |||||
書誌情報 |
Working paper prepared for JICA/IPD Africa Task Force Meeting en : Working paper prepared for JICA/IPD Africa Task Force Meeting 号 8, p. 1-30, 発行日 2013-06-01 |
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出版者 | ||||||
出版者 | JICA Research Institute | |||||
出版者 | ||||||
出版者 | Columbia University |