Posts tagged as: markets
A delicate balance: How to harness regional integration and industrial policy for economic transformation in Africa
Two powerful drivers of economic transformation, industrial policy and regional integration, can be friends or foes. Africa’s economic prospects will be profoundly shaped by their relationship. One of the key factors shaping industrialisation in Africa this decade (and beyond) will be the relationship between regional integration and industrial policy. Both are...
Unleashing the potential of the private sector in developing countries is critical to achieving productive job creation and inclusive growth. Productivity growth - increasing how much output is realised from a given amount of inputs - is one of the main contributors to economic development (Caselli, 2004, Hall and Jones, 1999). One reason for productivity in developing...