Production by sector in Africa, 2000-2005
Maria-Carmen Guisan () and
Pilar Exposito ()
Regional and Sectoral Economic Studies, 2007, vol. 7, issue 2, 5-24
We analyze the evolution of production by sector in 38 countries of Africa, during the period 2000-2005. Although there have been some improvements in a few African countries, we notice that, unfortunately, little progress has been reached regarding industrial production per capita in the majority of the African countries. International cooperation to development should be addressed not only to social programs related with education, health and other basic conditions for wellbeing but also to foster investment in industrial sector because it has positive impacts on economic development, not only due to its direct effect but also important indirect effects which increase production of services and other non industrial sectors, as well as foreign trade. International cooperation for investment in infrastructures, industry, education and other important factors of production needs support, not only from non profit organizations and institutional donors but also from individual savings and business companies. Significant improvements may be achieved, under a reasonable framework of international guarantees addressed to diminish economic risks and guarantee recovery.
Keywords: Economic Development; Education; Health; Africa 2005 (search for similar items in EconPapers)
JEL-codes: I1 I2 J1 O1 O15 (search for similar items in EconPapers)
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