Perspectives of future economic prospects and problems in Africa
More info.
Ghai, Dharam P. (1971) Perspectives of future economic prospects and problems in Africa. Discussion Paper 121, Nairobi: Institute for Development Studies, University of Nairobihttp://opendocs.ids.ac.uk/opendocs/handle/123456789/476
318286
Publisher
Institute for Development Studies, University of Nairobi
Subject
Economic DevelopmentDescription
The purpose of this paper is to sketch out with a broad sweep
the likely economic developments and problems in Africa over the next two
to three decades. By way of introduction to this theme, the paper surveys
the special features of the African situation which distinguish it from
other parts of the Third Worlds the relative economic backwardness, the
recent origin and devastating impact of colonialism, rapid decolonisation
and continued existence of oolonial and racist regimes in Southern Africa.
As a prelude to the contemporary and future economic problems, the colonial
roots of the pattern and growth of African economies are analyzed, together
with an assessment of economic growth and change in the first decade of
independence, including an appraisal of slow growth during this period.
A sketch of economic goals for the African continent over the next three
decades is presented, setting out macro-economic and sectoral growth rates,
as well as socio-economic objectives.
The second half of the paper identifies the favourable factors
as well as the potential obstacles to accelerated and equitable development
in the future, isolating for more detailed treatment questions of economic
cooperation among African countries, unemployment and income distribution,
and the strategy for international development. The paper concludes by a
speculative section on the impact on the societies ard economies of independent
African countries of the unfolding of events in Southern Africa.
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http://creativecommons.org/licenses/by-nc-nd/3.0/Institute for Development Studies, University of Nairobi