Thirty years in Africa’s development: from structural adjustment to structural transformation?

Tony Addison

Chapter 7 in Sustainable Development Goals and Income Inequality, 2017, pp 121-140 from Edward Elgar Publishing

Abstract: Tony Addison reviews, for the Africa region, the years leading up to the MDGs – including the legacies of structural adjustment and conflict. Africa has yet to achieve the level and speed of structural transformation that is required to meet the SDGs. The last decade’s super-cycle in commodities seems to be over, dangerously exposing the weakness of the ‘African lions’ and their undiversified growth model. Moreover, African policymakers have yet to absorb the implications for investment in their extractive industries of what real progress on international climate change agreements will mean for the demand for Africa’s exports of fossil fuels. The development states that Africa needs to create must have a deep knowledge of what the private sector is capable of achieving. Then high-value synergies of private and state action can be identified and acted upon – while ensuring that business operates within a framework of supporting regulation that protects the public interest.

Keywords: Development Studies; Economics and Finance; Geography; Politics and Public Policy Social Policy and Sociology (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/9781788110273.00011.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

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:elg:eechap:17829_7

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().