The Supply Side: Changing Production Structures and Accelerating Growth

Giovanni Cornia, Rolph Hoeven and Sanjaya Lall

Chapter 8 in Africa’s Recovery in the 1990s, 1992, pp 191-226 from Palgrave Macmillan

Abstract: Abstract The revival of supply is one of the first challenges any development package must face in Africa. However, markets, institutions and interactions among social groups should be organised in such a way that the supply of goods and services caters directly or indirectly for the needs, especially the basic needs, of the region’s population. The alternative approach offered here therefore proposes that structures, institutions and incentives should be changed to bring the supply and demand of African families closer together.

Keywords: Direct Foreign Investment; Foreign Exchange; Industrial Development; Gini Coefficient; Informal Sector (search for similar items in EconPapers)
Date: 1992
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DOI: 10.1007/978-1-349-22344-2_9

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