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The Service Sector And Economic Development In Africa
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Book Synopsis The Service Sector and Economic Development in Africa by : Evelyn F. Wamboye
Download or read book The Service Sector and Economic Development in Africa written by Evelyn F. Wamboye and published by Routledge. This book was released on 2018-09-04 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: The service sector accounts for a huge proportion of global employment, and is the biggest driver of gross domestic product in developing nations. Yet there has been little research uncovering its scope, potential and implications on sustained and inclusive economic growth. This is especially true for Africa, which has seen a strong growth trajectory in recent years. This book presents a new frontier of research, offering insightful perspectives on the 21st-century realities of the service sector and its effect on economic development in Africa. The analysis presented here will be of relevance to academics and policymakers with an interest in Africa’s role in the global economy.
Download or read book At Your Service? written by Gaurav Nayyar and published by World Bank Publications. This book was released on 2021-10-18 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.
Book Synopsis Industries Without Smokestacks by : Richard S. Newfarmer
Download or read book Industries Without Smokestacks written by Richard S. Newfarmer and published by Oxford University Press. This book was released on 2018 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study prepared by the United Nations University World Institute for Development Economics Research (UNU-WIDER)
Book Synopsis Unlocking the Potential of Africa's Services Trade for Growth and Development by :
Download or read book Unlocking the Potential of Africa's Services Trade for Growth and Development written by and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The services sector critical source of income and employment in Africa. As the most dominant sector in many African economies, it has become a dynamic driver of growth in the continent in recent years. This dynamism, however, has not translated into a structural transformation of the continent. Africa's services provision remains suboptimal and is delivered at a high cost. Various regulatory and policy shortcomings prevail, which explain these inefficiencies and impede Africa's capacity to fully capitalize on the potential of its services sector. If the continent is to fully realize the benefits of development, services must play an enhanced role in the growth process. Regulation of and policies for infrastructure services need to better target existing market failures and address structural impediments to improve performance in the sector and unleash the potential of Africa's services economy. The Economic Development in Africa Report 2015, subtitled Unlocking the Potential of Africa's Services Trade for Growth and Development, examines some of the major policy issues that underlie Africa's services sector and provides policy guidance on how services could contribute to Africa's regional integration and generate inclusive growth and employment. More broadly, the report discusses how services can contribute to sustainable growth and development continent-wide, especially given the enabling role of services and their capacity to link with other sectors. Africa needs to boost services trade and become better integrated in global value chains. The report makes specific and actionable policy recommendations on how to better leverage Africa's services trade and the related development, employment and growth benefits. The report emphasizes the need for greater policy coherence at the national, regional and international levels to address services sector and trade policy disconnects."--Publisher's description.
Book Synopsis The Palgrave Handbook of Africa’s Economic Sectors by : Evelyn F. Wamboye
Download or read book The Palgrave Handbook of Africa’s Economic Sectors written by Evelyn F. Wamboye and published by Springer Nature. This book was released on 2022-05-27 with total page 1142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook provides a reference resource to showcase insightful and nuanced perspectives on Africa’s agriculture, industry, services, and manufacturing sectors; factors affecting the sectors’ competitiveness; and the sectors’ contribution to employment, economic growth, and sustainable development. It also addresses the potential benefits that the sectors could harness from the planned Continental Free Trade Area (CFTA), and in particular how CFTA could increase the efficiency and competitiveness of these sectors. This book provides evidence-based holistic analyses of the past and current state of Africa’s economic sectors, with a strong emphasis on tangible and specific policy recommendations for the purpose of enhancing future economic growth, employment, and sustainable development of the continent. It also assesses the impact of the first-ever Continental Free Trade Area in Africa, and its potential implications for Africa’s integration into regional and global economy and competitiveness relative to other fast developing economies (such as those in Asia). This handbook gives an in-depth analysis of fundamental domestic factors that have relevance on the sectors’ expansion and growth and their contributions to employment, economic growth, and sustainable development in Africa with differential effects across the continent.
Book Synopsis Sustainable Industrialization in Africa by : Banji Oyelaran-Oyeyinka
Download or read book Sustainable Industrialization in Africa written by Banji Oyelaran-Oyeyinka and published by Springer. This book was released on 2016-04-29 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable Industrialization in Africa explores the issues that confront development policy in the context of the MDGs and the post-2015 development agenda from an African perspective. The book argues that development is an ultimate outcome of sustainable, equitable industrialization, and that any development agenda for the future has to ensure that industrialization is fostered in a way that makes economies independent and responsive to the needs of all citizens. Future challenges for sustainable industrialization in Africa, based upon the differences in its current industrialization trajectories, are discussed to ensure that industrial growth results in positive economic and social outcomes in the context of the post-2015 development agenda.
Book Synopsis Unlocking Africa's Business Potential by : Landry Signe
Download or read book Unlocking Africa's Business Potential written by Landry Signe and published by Brookings Institution Press. This book was released on 2020-04-07 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa welcomes business investment and offers some of the world's highest returns and impacts Africa has tremendous economic potential and offers rewarding opportunities for global businesses looking for new markets and long-term investments with favorable returns. Africa has been one of the world's fastest-growing regions over the past decade, and by 2030 will be home to nearly 1.7 billion people and an estimated $6.7 trillion worth of consumer and business spending. Increased political stability in recent years and improving regional integration are making market access easier, and business expansion will generate jobs for women and youth, who represent the vast majority of the population. Current economic growth and poverty-alleviation efforts mean that more than 43 percent of the continent's people will reach middle- or upper-class status by 2030. Unlocking Africa's Business Potential examines business opportunities in the eight sectors with the highest potential returns on private investment—the same sectors that will foster economic growth and diversification, job creation, and improved general welfare. These sectors include: consumer markets, agriculture and agriprocessing, information and communication technology, manufacturing, oil and gas, tourism, banking, and infrastructure and construction. The book's analysis of these sectors is based on case studies that identify specific opportunities for investment and growth, along with long-term market projections to inform decision-making. The book identifies potential risks to business and offers mitigation strategies. It also provides policymakers with solutions to attract new business investments, including how to remove barriers to business and accelerate development of the private sector.
Book Synopsis The Service Sector in Soviet Economic Growth by : Gur Ofer
Download or read book The Service Sector in Soviet Economic Growth written by Gur Ofer and published by Harvard University Press. This book was released on 1973 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comparison of the service sector in the USSR and abroad - maintains that the small share of the service sector in the soviet economy is due chiefly to the socialist economic system and to its economic growth strategy, covers theoretical aspects, industrial aspects, the industrial structure, service labour force, the service gap in commerce, etc., and relies primarily on data for the period up to 1968. Bibliography, references and statistical tables.
Book Synopsis Studies on Economic Development and Growth in Selected African Countries by : Almas Heshmati
Download or read book Studies on Economic Development and Growth in Selected African Countries written by Almas Heshmati and published by Springer. This book was released on 2017-05-02 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of studies on economic development and growth in selected African countries. It consists of an introduction/summary and 15 inter-related empirical studies grouped into 5 research areas: women’s empowerment and demand for healthcare; the impact of institutions, aid, inflation and FDI on economic growth; capital structure and bank-loan growth effects; trade, mineral exports and exchange rate; and growth, productivity and efficiency in various industries. While it provides a comprehensive picture of the state of economic development and growth in most parts of the continent, the main focus is on economic development and growth in Ethiopia and Rwanda – two countries undergoing rapid economic and social development.
Book Synopsis Enterprise and Economic Development in Africa by : Dina M. Nziku
Download or read book Enterprise and Economic Development in Africa written by Dina M. Nziku and published by Emerald Group Publishing. This book was released on 2021-06-11 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting a topical analysis of the challenges and achievements of enterprise, Enterprise and Economic Development in Africa examines contributions to economic development on the continent, as well as exploring implications for policy dimensions.
Book Synopsis Back on Track by : Sylvain Hounkponou Boko
Download or read book Back on Track written by Sylvain Hounkponou Boko and published by Africa Research and Publications. This book was released on 2010 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis African Businesses and EconomicGrowth by : Imani Silver Kyaruzi
Download or read book African Businesses and EconomicGrowth written by Imani Silver Kyaruzi and published by Adonis & Abbey Publishers Ltd. This book was released on 2008-10-30 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can institutions stimulate African local economic growth? After decades of poor economic growth, foreign aid-dependency, poor government policies and bureaucratic leadership by Africans in the 21st century, focus has increasingly shifted to the continent's business systems, entrepreneurship and governance. Also, the improving trade relations between Africa and the rest of the world has brought a renewed interest on the region's relatively slow economic growth. African Businesses and Economic Growth: Institutions, Firms, Practices and Policy examines policy approaches to economic liberalization and the effects of global forces and, in particular, how Africa can respond to globalization pressures in order to assume its rightful place in the global economy. Contributors to the volume, including researchers from East and West Africa, have examined the role of African institutions and firms, and the ways they impact on local economic growth. In particular, they analyse how African firms generate, share and transfer knowledge, the role of human capital on productivity, the role and impact of informal institutions on private sector and institutional development, firms` responses to laws and rules set by policymakers (the rules of the game) and the effect these laws and rules have on firms` development and strategies. The book also examines the role of non-governmental institutions, multinational firms, bilateral and multilateral institutions and how their activities and policies influence the structure and strategies of local firms and economic growth. Most of the contributors conclude that a full scale economic growth, liberalization and institutionalization across the African economies, though inevitable, are unlikely to be achieved overnight.
Book Synopsis Sector Growth and the Dual Economy Model by : Niels-Hugo Blunch
Download or read book Sector Growth and the Dual Economy Model written by Niels-Hugo Blunch and published by World Bank Publications. This book was released on 1999 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing mainly on industry has not been optimal policy in Côte d'Ivoire, Ghana, and Zimbabwe. For maximum economywide growth, it would have been better to balance policies to facilitate growth in all three sectors: agriculture, industry, and services.
Book Synopsis Logistics and Global Value Chains in Africa by : Adebisi Adewole
Download or read book Logistics and Global Value Chains in Africa written by Adebisi Adewole and published by Springer. This book was released on 2018-08-14 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on global value chains and their importance to trade, this edited collection explores the strategic role of logistics and supply chain infrastructure in the development of Africa. Skilled authors present critical analysis of the current state of logistics in Africa, and suggest improvements to policy and practice which address the issue of poor trading relationships. This book will engage entrepreneurs, academics and policy-makers interested in international business, raising awareness of the need for better trade infrastructure in Africa in order to ensure the continent’s economic development.
Book Synopsis Growth and Structural Transformation by : Kwang Suk Kim
Download or read book Growth and Structural Transformation written by Kwang Suk Kim and published by BRILL. This book was released on 2020-03-17 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.
Book Synopsis Globalisation and Services-driven Economic Growth by : Niels Beerepoot
Download or read book Globalisation and Services-driven Economic Growth written by Niels Beerepoot and published by Routledge. This book was released on 2016-07-28 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following drastic shifts in the spatial organization of goods production, increasingly fierce competition now forces firms also to look critically at how to organize the production of services. While digitization and advances in information and communication technologies have enabled firms to unbundle service production processes, the increased global availability of skilled labour allows for the relocation of ever more of these processes around the world. As a result, a new geography of services production takes shape: a geography that is defined by new interregional and international divisions of labour and held together by increasingly complex global services production networks. This book examines how the reorganisation of services production alters relations between and generates different sets of challenges and opportunities for economic development in the Global North and the Global South. Drawing from 11 case studies probing various aspects of services production in different parts of the world, the book brings out the remarkable heterogeneity and transformative capacities of services. It successively shows how global trade in services creates new interdependencies between services producing and services consuming regions; reveals how services help to mitigate the impact of and contribute to recovery from economic crises in the Global North; and demonstrates how services offshoring fosters economic development and service-sector driven modernisation processes in the Global South. The book’s openness to the heterogeneous and dynamic nature of services production enlarges our understanding of which particular services in which spatiotemporal context have the capacity to generate good jobs, contribute to productivity and drive economic growth. The book stands out from other books in the field in that it combines perspectives on services-driven transformations from both the Global North and the Global South and looks into the role of various services segments. Based on pioneering empirical research and original data it offers a timely contribution to this growing debate. The book provides valuable insights for students, scholars and professionals interested in services, services offshoring, services-driven growth, and socioeconomic transformations in the Global North and South.
Book Synopsis Developmental Integration and Industrialisation in Southern Africa by : Siphumelele Duma
Download or read book Developmental Integration and Industrialisation in Southern Africa written by Siphumelele Duma and published by UJ Press. This book was released on 2023-05-18 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the beginning of decolonisation in Africa, regional integration has become one of the most potent defining characteristics of the continent’s quest for industrialisation and sustainable development. It was understood that the individual continental economies could not achieve the requisite level of industrial development to meet their respective development objectives due to the colonial policy of balkanisation, which divided the continent into small, economically unviable units. In 1992, the Southern African Development Community (SADC) adopted developmental integration, an approach to regional integration to engender industrialisation and address the region’s development challenges. This book offers a critical assessment and examination of this approach as to how it has influenced the industrialisation process in Southern Africa. If so, why has it failed to accelerate the region’s industrialisation and structural transformation process? It contributes significantly to cross-cutting development debates on the African continent, particularly in southern Africa. More importantly, in understanding the nexus between developmental integration and industrialisation.
