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Knowledge-Driven Economic Growth: The Case of Sub-Saharan Africa

Stephen Oluwatobi (), Isaiah Olurinola (), Philip Alege () and Adeyemi Ogundipe ()
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Isaiah Olurinola: Economics and Development Studies Department, Covenant University, Ota, Ogun State, Nigeria.
Philip Alege: Economics and Development Studies Department, Covenant University, Ota, Ogun State, Nigeria.
Adeyemi Ogundipe: Economics and Development Studies Department, Covenant University, Ota, Ogun State, Nigeria.

No 4008, Working Papers 2 from Office Of The Chief Economist, Development Bank of Nigeria

Abstract: The experience of South Korea, India, China and Singapore reveals that developing economies can fast track development, leapfrog the stage of development and catch up with advanced economies by putting knowledge capital as the driver of development. If the knowledge economy is therefore an accelerant of development for both advanced and developing econmies, it is possible for Sub-Saharan African (SSA) economies to also catch up with advanced economies.

Keywords: Economic Growth; Human Capital; ICT; Innovation; Institutions; Knowledge Economy. (search for similar items in EconPapers)
JEL-codes: R10 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2018-06
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Related works:
Journal Article: Knowledge-driven economic growth: the case of Sub-Saharan Africa (2020) Downloads
Working Paper: Knowledge-Driven Economic Growth: The Case of Sub-Saharan Africa (2018) Downloads
Working Paper: Knowledge-Driven Economic Growth: The Case of Sub-Saharan Africa (2018) Downloads
Working Paper: Knowledge-Driven Economic Growth: The Case of Sub-Saharan Africa (2018) Downloads
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