Africa 2050: Realizing the Continents Full Potential

Hardcover | February 22, 2014

EditorTheodore Ahlers, Hiroshi Kato, Harinder S. Kohli

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Africa is at a critical inflection point. After decades of disappointing performance a combination of sound macro policies and a commodity price bonanza has led to a dramatic and long overdue surge in African growth rates and concomitant improvement in social indicators.This impressive performance has now created its own challenge for African leadership-the heightened aspirations of their own people and the expectation of the world at large. And responding to this challenge will definitely require more than staying the course-more of the same will not work. It willrequire bold and tenacious pursuit of multifaceted policies and initiatives that will call for intellectual integrity and single-minded determination combined with political courage at home and statesmanship abroad.It is in this context that the experience of the other emerging markets economies may provide pointers as African leaders grapple with the complex multidimensional issues of not just maintaining but accelerating economic growth, prosperity and well-being of their populace. To set the stage fordefining the opportunities and the promise that can lie ahead, this report sets out alternative scenarios of what the outcomes could be but not predictions of what they will be. This study also outlines a framework and action agenda that can deliver Africa's promise.

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Africa is at a critical inflection point. After decades of disappointing performance a combination of sound macro policies and a commodity price bonanza has led to a dramatic and long overdue surge in African growth rates and concomitant improvement in social indicators.This impressive performance has now created its own challenge for ...

Theodore Ahlers is Senior Associate at the Emerging Market Forum. Hiroshi Kato is Vice President of the Japan International Cooperation Agency (JICA) and Director of the JICA Research Institute. Harinder S Kohli is Founding Director and Chief Executive of Emerging Markets Forum as well as Founding Director, President and CEO of Centen...
Format:HardcoverDimensions:524 pages, 10.87 × 8.62 × 0.98 inPublished:February 22, 2014Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199450404

ISBN - 13:9780199450404

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Table of Contents

List of Appendixes, Boxes, Figures, and TablesList of AbbreviationsForewordPrefaceAcknowledgmentsIntroductionPart 11. A 2050 Vision to Meet African Aspirations2. Historical Perspective and Drivers of Future Change3. Action Agenda - Jobs for People, Economies, and the Continent4. Better Governance to Deliver ResultsPart II: People, Economies, and the ContinentSection A: Prosperous People and Cohesive Societies - Jobs to Transform Lives5. Accelerating the Demographic Transition6. Eliminating Fragility and Conflict7. Ensuring Equity and Inclusion8. Breaking the Human Capital BarrierSection B: Diverse, Competitive Economies - Private Investments to Create Jobs9. Maintaining Macroeconomic Stability and Increasing Resilience10. Enhancing Growth, Competitiveness, and Job Creation11. Transforming African Agriculture12. Harnessing Natural Resources for Diversification13. Managing Urbanization for GrowthSection C: Integrated Continent - Bigger Markets to Foster Investment and Higher Productivity Jobs14. Enhancing Regional Cooperation and Integration on the Continent15. Mitigating and Adapting to Climate Change16. Repositioning Africa in the WorldAnnex 1: Commodity Terms of Trade in Africa: A Fragile BlessingAnnex 2: Model of Global EconomyReferencesAbout the Editors and ContributorsIndexPhoto Credits