Emerging Africa

FROM THE PUBLISHER

Emerging Africa is based on the fundamental conviction that, unless growth resumes, poverty cannot be reduced in the least developed countries. This study analyses the factors underlying the renewed dynamism of certain African economies in the 1990s. Several countries are, indeed, trying to meet the challenge of building the three pillars of sustainable growth -- capital accumulation, productivity gains and institutional reforms -- in order to combat long-term poverty.

The authors identify the countries that are on the way to sustained growth and, on the basis of case studies, the policies they have put in place to further the reform process. These policies are presented with a view to advising both emerging African economies and those seeking to join them.

SYNOPSIS

The result of a project which has been part of the OECD's program of work since 1997, this study analyzes the factors underlying the renewed strength of six African economies in the 1990s: Burkina Faso, Ivory Coast, Ghana, Mali, Uganda, and Tanzania. It also provides an overview of growth scenarios from a pan-African perspective, looking at the reallocation of the rural labor force, the diversification of production, accumulation of physical and human capital, and export performance. Case studies of the six countries focus on the political economy of the reform process. There is no subject index. Annotation c. Book News, Inc., Portland, OR

FROM THE CRITICS

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