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Growth and Structural Change in Africa: Development Strategies for the Learning Economy

  • Bengt-Åke Lundvall
  • Rasmus Lema

Abstract

Recent press reports suggest that Africa may now be at a turning point in terms of economic growth and development. These reports point out that, although starting from a low base, Africa is now the world’s fastest-growing continent (August, 2013). However, naive optimism on this ground should be avoided (Karuri-Sebina et al., 2012). The recent growth has been concentrated in particular countries and sectors, and the transformation of growth into sustainable social and economic progress will not happen automatically.

Keywords

African Country Informal Sector Industrial Policy Rich Country Gross National Product 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Bengt-Åke Lundvall and Rasmus Lema 2016

Authors and Affiliations

  • Bengt-Åke Lundvall
  • Rasmus Lema

There are no affiliations available

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