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Sectoral Approaches to African Political Economy

  • Komi TsowouEmail author
  • Eunice Ajambo
Chapter
  • 11 Downloads
Part of the Palgrave Handbooks in IPE book series (PHIPE)

Abstract

This chapter analyzes the dynamics of sectoral diversification in Africa and the role political economy has played in this process. Economic diversification within and between sectors spanning from agricultural sector to manufacturing and services sectors is critical for countries, in particular developing countries to create jobs and sustain structural transformation. This is well anchored in the international and regional development agendas, including the 2030 Agenda for Sustainable Development and the African Union’s Agenda 2063. For resource-rich countries, which several African countries are, economic diversification is critical to reduce their vulnerability to shocks. The significant roles of a conducive political environment and strong economic governance in this process cannot be overemphasized.

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Copyright information

© The Author(s) 2020

Authors and Affiliations

  1. 1.African Trade Policy Centre, Regional Integration and Trade DivisionUnited Nations Economic Commission for AfricaAddis AbabaEthiopia
  2. 2.Macroeconomic and Governance DivisionUnited Nations Economic Commission for AfricaAddis AbabaEthiopia

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