The Leadership Factor in African Policy Reform and Growth
C. Gray and
M. McPherson
Equity and Growth through Economic Research from EAGER Publication/BHM
Abstract:
In 1997 the World Bank's two vice-presidents for Sub-Saharan Africa attributed a significant improvement in Africa's growth prospects to the advent of a new generation of leaders, replacing their "once largely statist and corrupt" predecessors. This paper begins by tracing the evolution of African chief executives over the past two decades. Of 48 holding office on 1st anuary 1999, 22 were in power a decade earlier and eight already ten years before that. Examination of ten countries, with focus on Kenya and Zambia, raises the question: why, after these incumbents had presided over economic catastrophe, were socio-political structures unable to replace them with better leaders? A review of leading treatments of the political economy of economic reform highlights the dichotomy between interest-group analysis, versus studies that accord a major role to the unpredictable advent of individuals with qualities that, by promoting policy reform, help launch their countries onto paths of rapid growth.
Keywords: ECONOMIC POLICY; DEVELOPING COUNTRIES (search for similar items in EconPapers)
JEL-codes: E61 H10 O55 (search for similar items in EconPapers)
Pages: 34 pages
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:fth:eagerd:29
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