Includes bibliographical references (pages 71-77).

Introduction -- Structural transformation in Africa -- Evolution of development policy frameworks -- Macroeconomic policy in a long-term development strategy -- Macroeconomic policy -- fiscal policies -- Macroeconomic policy -- monetary, exchange-rate and other financial policies -- Concluding remarks and key policy messages -- Appendix 1. Managing macroeconomic imbalances with macroeconomic models and simulation tools -- Appendix 2. Organizational structures for implementation: achieving coherence and coordination within a long-term development strategy.

"This document outlines a set of macroeconomic policies and is structured as follows: Examine the critical question for policymakers in Africa. How to proceed with structural transformation in the coming decades in light of Africa's experiences and current conditions. Discuss Africa's experiences with structural change from a comparative perspective of different integration patterns under globalization in developing regions, examine what sort of structural transformation Africa should strive for in the 21st century, to move the continent and transform its rural and informal sectors."--Publisher's description.