The Way Forward

Abstract

Chapter 1 laid out the main foundation for the study. It provided the background to the study and established the point that sub-Saharan Africa economies are in a dire economic state. To make progress in economic development, it was shown in Chapter 2 that three key conditions must be met. First, the society must be in possession of the right quantities and qualities of all the resources required for development, namely real estate, labour, capital and entrepreneurial skills. This makes real estate an inevitable resource in the development process. The second condition is that those resources must be used effectively. Thirdly, institutional arrangements for the productive use of these resources must be supportive of economic development.