Sustainable Development Goals and Income Inequality
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Sustainable Development Goals and Income Inequality

Edited by Peter A.G. van Bergeijk and Rolph van der Hoeven

This timely book documents and analyses the seriousness of growing national inequality in different regions around the world. It argues that the treatment of inequality in the Sustainable Development Goals (SDGs) is wholly insufficient due to their failure to recognise the growing difference between the income of work and the income of capital and the super rich, and the strain this places on a country’s social fabric.
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Chapter 7: Thirty years in Africa’s development: from structural adjustment to structural transformation?

Tony Addison

Abstract

Tony Addison reviews, for the Africa region, the years leading up to the MDGs – including the legacies of structural adjustment and conflict. Africa has yet to achieve the level and speed of structural transformation that is required to meet the SDGs. The last decade’s super-cycle in commodities seems to be over, dangerously exposing the weakness of the ‘African lions’ and their undiversified growth model. Moreover, African policymakers have yet to absorb the implications for investment in their extractive industries of what real progress on international climate change agreements will mean for the demand for Africa’s exports of fossil fuels. The development states that Africa needs to create must have a deep knowledge of what the private sector is capable of achieving. Then high-value synergies of private and state action can be identified and acted upon – while ensuring that business operates within a framework of supporting regulation that protects the public interest.

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