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Why has the economic growth performance of Sub-Saharan Africa been disappointing on balance over the past 50 years? More importantly, what can be done to reverse that trend and to sustain and improve upon the accelerated growth experienced in recent years? What are the possibilities and policies for Africa to reduce poverty and achieve sustained, rapid economic growth? What are the lessons of success in both Africa and elsewhere? Could some of the policies that proved so successful in East Asia help reverse the deindustrialization of Africa in the past three decades and be the basis of its structural transformation? These were the questions posed to a diverse group of experts on development convened by the Initiative for Policy Dialogue (IPD). This volume reflects the highlights of their deliberations. It broadens the policy debate, expands the policy options, and proposes alternative development strategies. This book captures the lively, and sometimes contentious, debate, and provides a note of optimism for the future. Though success is not assured, this volume argues that there is good reason to believe that policies based on lessons of successes, notably in East Asia, can be adapted successfully in African contexts.

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• List of Figures(p. xiii)
• List of Tables(p. xvi)
• List of Boxes(p. xix)
• List of Contributors(p. xx)
• Part I Introduction and Overview
• 1 Strategies for African Development(p. 3)
• Part II Governance, Institutions, and the State
• 2 Governance and Growth: History, Ideology, and Methods of Proof(p. 51)
• 3 Institutional Monocropping and Monotasking in Africa(p. 80)
• 4 Governance and Growth Challenges for Africa(p. 114)
• 5 States and Markets: Neoliberal Limitations and the Case for a Developmental State(p. 140)
• 6 The African Economic Growth Record, and the Roles of Policy Syndromes and Governance(p. 175)
• Part III Technology, Industrial, and Trade Policies
• 7 Dynamic Capacity Development: What Africa Can Learn from Industrial Policy Formulation in East Asia(p. 221)
• 8 How can Low-Income Countries Accelerate their Catch-Up with High-Income Countries? The Case for Open-Economy Industrial Policy(p. 246)
• 9 Institutional Capacity and Policy Choices for Latecomer Technology Development(p. 273)
• 10 State-Business Relations, Investment Climate Reform, and Economic Growth in Sub-Saharan Africa(p. 303)
• 11 Africa, Industrial Policy, and Export Processing Zones: Lessons from Asia(p. 322)
• 12 South African Post-Apartheid Policies Towards Industrialization: Tentative Implications for Other African Countries(p. 345)
• 13 Issues in Africa's Industrial Policy Process(p. 372)
• 14 Tiger, Tiger, Burning Bright? Industrial Policy "Lessons" from Ireland for Small African Economies(p. 406)
• Part IV Employment and Human Capital
• 15 Employment in Sub-Saharan Africa: Lessons to be Learnt from the East Asian Experience(p. 437)
• 16 Skills Development for Economic Growth in Sub-Saharan Africa: A Pragmatic Perspective(p. 462)
• Part V International Context
• 17 Economic Liberalization and Constraints to Development in Sub-Saharan Africa(p. 499)
• 18 The Emerging Asian Giants and Economic Development in Africa(p. 536)
• Index(p. 565)

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CHOICE Review

Another volume prompted by the poor economic performance of the sub-Saharan African countries over the last 50 years, this publication is the product of research from the African Task Force of the Initiative for Policy Dialogue at Columbia University. The focus is on policy options that will bring about markedly better future performance. The central message is that the balance between state and market has been wrong and that no one policy fits all countries. Contributors generally find lacking the Washington Consensus Plus governance policy, which does not allow for a dynamic approach toward new technologies, skills acquisition, and new ways of managing an economy that are necessary for economic development. Not all sub-Saharan African countries have done poorly, but there has not been enough movement away from natural resource, intensive production. Also, foreign direct investment has not encouraged structural transformation, and there has been little increase in manufacturing activity. What can be learned from successful countries is part of the discussion. This long volume, filled with ideas and data, is somewhat repetitive but provides reasoned, supported arguments about the limits of the free market plus governance approach, which continues to be promoted by many. All essays have footnotes and a bibliography. Summing Up: Recommended. Upper-division undergraduate students and above. J. E. Weaver Drake University

Notas de autor provistas por Syndetics

Akbar Noman is Adjunct Associate Professor of International and Public Affairs at Columbia University.
Kwesi Botchwey is Executive Chairman of the African Development Policy Ownership Initiative (ADPOI).
Howard Stein is Professor at the Department of Afroamerican and African Studies at the University of Michigan.
Joseph E. Stiglitz is University Professor at Columbia University.