About this book
This book explores how better governance can help Africa to achieve structural transformation (understood to be the reallocation of factors of production across and within sectors to better support inclusive development), which history has shown to be key to sustained, inclusive growth. The book begins with a review of the existing literature on the links between governance and structural transformation and the success or otherwise of various sub regions in achieving structural transformation. It continues with a range of contributors addressing original empirical research on the relationships between different approaches to institutions and trade and industrial policies and structural transformation in Africa. The book makes recommendations for a new approach to governance in Africa that can deliver the structural transformation that the continent needs for Africans to enjoy shared prosperity, poverty reduction and development.
Sustainable development Structural transformation Institutional effectiveness African economics Sub-Saharan Africa Employment Elasticities of Growth Economic Regulation Fiscal incentives Deindustrialisation Trade policy in Africa ECOWAS Trade Bloc African transformations Institutional and governance weaknesses Export promotion agencies Food and agricultural global value chains Multidimensional Fiscal Incentives Regional Trade Integration