Edited by Roger Fouquet
Chapter 18: Economic transformation and green growth for African economies
Economic transformation will be critical to continue the ‘African growth miracle’ and overcome the region’s development challenges. The diversity of African economies, distinctive regional trends and upheavals in global economic conditions means the pattern of economic transformation is likely to be different from those observed in today’s developed countries and there is unlikely to be a single ‘African model’ that all countries can emulate and follow. One such difference highlighted by African regional institutions and within national economic strategies relates to ensuring ‘green’ growth, whereby the natural environment can continue to provide the services on which the welfare of both present and future generations depends. This chapter argues that the conditions and routes for economic transformation in Africa present many opportunities for green – or at least greener – growth in agriculture, energy, cities and the emergence of modern sectors, be they in industry or services. To exploit these opportunities policymakers will be challenged by the scale and pace of change and the requirement to provide jobs, infrastructure and public services for a young and increasingly urbanized population. Progress can also be accelerated through enhanced institutional capacity, and by managing the political economy of change.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.