Image from Google Jackets

Delivering sustainable growth in Africa African farmers and firms in a changing world

By: Material type: TextTextPublication details: Basingstoke Palgrave Macmillan 2014ISBN:
  • 9781137377814
Subject(s): DDC classification:
  • 338.1DEL
Summary: The economic situation in Sub-Saharan Africa has recently undergone a process of change. After a long period of stagnation during the 1980s and 1990s, GDP per capita has shown significant growth in the 2000s. Although the growth rate is lower than that of East Asia, it is significantly higher than that in previous decades. The most significant factor yielding the better economic performance is the increase in commodity prices including oil, mineral and agricultural products, which are the main export products for most African countries. Another factor has been the scaling up of aid flows following the commencement of the Millennium Development Goals. The enhanced commitment of the donor community increased aid flow to Africa, which in turn increased GDP through consumption of locally sourced products and services, such as with the construction industry.
Tags from this library: No tags from this library for this title. Log in to add tags.
Star ratings
    Average rating: 0.0 (0 votes)

Includes bibliographical references and index.

The economic situation in Sub-Saharan Africa has recently undergone a process of change. After a long period of stagnation during the 1980s and 1990s, GDP per capita has shown significant growth in the 2000s. Although the growth rate is lower than that of East Asia, it is significantly higher than that in previous decades. The most significant factor yielding the better economic performance is the increase in commodity prices including oil, mineral and agricultural products, which are the main export products for most African countries. Another factor has been the scaling up of aid flows following the commencement of the Millennium Development Goals. The enhanced commitment of the donor community increased aid flow to Africa, which in turn increased GDP through consumption of locally sourced products and services, such as with the construction industry.

There are no comments on this title.

to post a comment.
Share