Back on track: sector-led growth in Africa and implications for development

Abstract

PART I: PERSPECTIVES 1. Introduction PART II: RAISING SOME CONCEPTUAL ISSUES 2. A Global Model of Very Long-Term Economic Development / DierySeck 3. The Role of Institutional Factors in the Modeling of Economic Growth and in Policy Formulation in Africa / Oladele Omosegbon PART III: TRADE, THE EXTERNAL SECTOR AND ECONOMIC GROWTH IN AFRICA 4. How Effective Are Exports Incentives? Analysis of Developing Countries' Experience with Implications for Sub-Saharan Africa / Kezia Mulugutu Kabugho 5. Appraising Employment and Export-led Industrialization in Post-Reform Nigeria / Ndubisi Nwokoma and Nnamdi Nwokoma 6. Can Africa Develop Through Trade in the Current Global Economy with Large Trading Blocks? / Aloysius Ajab Amin, Tharcisse Ntilivamunda, and Mouhamadou Bamba Diop 7. The Impact of Increasing Non-Agricultural Market Access on EU Demand for Imported Fish: Implications for Lake Victoria Chilled Fillet Exports / Andrew Muhammad 8. Evidence of Debt Overhang and Economic Growth: Implications for African Development / William A. Amponsah and Krishna Kasibhatla 9. Is That a Dragon or Elephant on Your Ladder? The Potential Impact of China and India on Export-Led Growth in African Countries / Mwangi wa Gĩthĩnji PART IV: SECTOR-SPECIFIC APPROACH TO ECONOMIC DEVELOPMENT 10. Service-Sector as an Engine of Growth: A Case of the ECOWAS Sub-Region / Dipo Busari 11. The Impact of Tourism on Economic Performance: Econometric Evidence from West Africa / Cyril Segun Ige and Gbadebo Olusegun Odularu 12. Liberalization of the Mining Sector in Ghana and Its Impact on the Economy: A Sociological Approach / Edward Opoku-Dapaah and Sylvain H. Boko 13. Telecommunications Infrastructure and Economic Growth: Evidence from Nigeria / Sheriffdeen Telia, Lloyd Amaghionyeodiwe, and Bolaji Adesoye 14. Telephone Demand and Economic Growth in Africa / Kwabena Gyimah-Brempong and John Agyei Kahkari PART V: FINANCIAL REFORM, PRIVATE INVESTMENT AND INDUSTRIAL DEVELOPMENT AS SOURCES OF GROWTH 15. Public-Private Capital, Employment and Economic Expansion: The Economic Role of the State in Cote d'lvoire / Bedia Aka 16. Two-way Linkages Between FDI and Domestic Factor: Evidence From Sub-Saharan Africa / Leonce Ndikumana and Sher Verick 17. Financial Reform and Investment in Africa: An Empirical Analysis / Mina Baliamoune-Lutz 18. Oil and Growth in Africa: A Comparative Analysis / Afeikhena Jerome, Dipo Busari, and Senyo Adjibolosoo 19. Industrial-led Development in Africa: Towards a Policy Framework / 0lu Ajakaiye and Howard Stein 20. Sources of Growth in Rwanda and Benin Using Four Different Complementary Approaches / Kalamogo Coulibaly and Toussaint Houeninvo