Africa’s Development beyond Aid: Getting Out of the Box

Julius Gatune
Additional contact information
Julius Gatune: Frederick S. Pardee Center for the Study of the Longer-Range Future at Boston University

The ANNALS of the American Academy of Political and Social Science, 2010, vol. 632, issue 1, 103-120

Abstract: This article argues that Africa’s development rests not on aid, but on three key pillars: knowledge, entrepreneurship, and governance. Africa needs to think outside of the box when establishing these pillars. However, to make these three levers work, a change in mindset is a prerequisite. Africa has to start dreaming big dreams that empower it to see long-term. Africa must restructure societies so that networks beyond closed ethnic networks are more prominent. The larger social capital that will result will build a foundation for development. Africa also needs to incorporate new actors in its development agenda, including faith-based organizations, the diaspora, and the business class; and it must encourage immigrant entrepreneurs, especially Asians, to come in as chase rabbits. Better governance will come from the transformation of people from subjects to citizens. For success in international trade, Africa needs to learn the lessons of the Savannah, where the effective pack is the king.

Keywords: development; social transformation; inclusive business; trade; governance; aid; diaspora (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0002716210378832 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:anname:v:632:y:2010:i:1:p:103-120

DOI: 10.1177/0002716210378832

Access Statistics for this article

More articles in The ANNALS of the American Academy of Political and Social Science
Bibliographic data for series maintained by SAGE Publications ().