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The Impact of China and India on Africa: Trade, FDI and the African Manufacturing Sector Issues and Challenges

"In this paper an attempt to examine the impact of the Asian drivers on the manufacturing sectors of African economies are made. An examination of the existing literature and empirical regularity suggest looking into the following issues which might…

African Countries Should Control Their Economic Destiny And Not Mortgage It To Washington

"This Legislative Alert argues that neo-liberal “Washington Consensus (WC)” policies prescribed by the Bretton Woods Institutions (BWIs) to African countries receiving their financial assistance that favor free markets and private enterprise over sy…

Africa Can And Must Overcome Its Addiction To Foreign Aid

"This Legislative Alert draws attention to African countries’ addiction to foreign aid. It points out that this has not entirely helped the continent’s development because aid has been inadequate and has increased Africa’s indebtedness with consider…

Industries without Smokestacks: Firm Characteristics and Constraints to Growth

Structural change is taking place in Africa, but—in contrast with East Asia—export-led manufacturing is playing a minor role. Falling transport costs and progress in information and communications technology have, at the same time, created tradable…

Economies Africaines Post Covid-19: Au-delà de L’émotion, des Politiques Économiques Audacieuses / African Economies Post Covid-19: Beyond Emotion, Bold Economic Policies

Covid-19 has a far-reaching impact and is imposing a slowdown on the world economy, raising fears of the worst consequences on production, jobs and the immediate future of developing economies. Fiscal and monetary authorities around the world are en…

Why Africa’s Development Models must Change: Understanding Five Dynamic Trends

Current models used to analyse African development don’t align with the continent’s context and dynamics, and need to be overhauled. Approaches should explicitly consider the defining characteristic of African economics, namely its wide-ranging info…

Foresight Africa: Top Priorities for the Continent in 2016

The Africa Growth Initiative and its colleagues discuss six overarching themes in this year’s Foresight Africa, that place Africa at this tipping point and give their views on what they perceive to be key areas for intervention to keep Africa on its…

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