Policy Recommendations for Africa

Jong-Dae Park ()
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Jong-Dae Park: Embassy of the Republic of Korea

Chapter Chapter 10 in Re-Inventing Africa’s Development, 2019, pp 271-315 from Springer

Abstract: Abstract This section presents comprehensive policy recommendations for Africa. The overarching theme is ‘the need for drastic turnaround’. An important question asked here is: ‘What induces people to act?’ The mechanism of incentives and sanctions, and how they should be framed to make societies developmental, are elaborated upon. The chapter assesses the present structure of economic development in Africa and points out the essential principles or elements that are lacking. Out of this, a new development formula for Africa is deduced. The author also touches upon government reform and economic policies. In closing, he stresses the need for education in ethics and mindset change.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-03946-2_10

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DOI: 10.1007/978-3-030-03946-2_10

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