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Infrastructure and Industrialisation: Ensuring Sustainable and Inclusive Growth in Africa

Anita Prakash ()

No PB-2018-02, Working Papers from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: Africa’s economy is on a growth curve where development and investment plans must focus on the expansion of infrastructure, capacities, and institutions. Infrastructure development, which allows investing economies and companies to target the higher end of industrial value chains, will help to diversify the African economy and trade patterns, promote value-added production of goods and services, and boost consumption. Infrastructure planning and investment must be responsive to the development priorities of a country or subregion if infrastructure is to be an agent for growth and the narrowing of development gaps

Pages: 6 pages.
Date: 2018-09
New Economics Papers: this item is included in nep-sea
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