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Good Growth and Governance in AfricaRethinking Development Strategies$
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Akbar Noman, Kwesi Botchwey, Howard Stein, and Joseph E. Stiglitz

Print publication date: 2011

Print ISBN-13: 9780199698561

Published to Oxford Scholarship Online: May 2012

DOI: 10.1093/acprof:oso/9780199698561.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 28 November 2021

Strategies for African Development

Strategies for African Development

(p.3) 1 Strategies for African Development
Good Growth and Governance in Africa

Akbar Noman

Joseph E. Stiglitz

Oxford University Press

This chapter lays out the premise for the rest of the volume which addresses the central question of what needs to be done to sustain and accelerate the recent improvement in the economic performance of Sub-Saharan Africa. This revival remains too dependent on booming commodity prices whilst sustained, poverty-reducing growth requires structural transformation. The type of learning, industrial, and technology policies recommended here are informed by the lessons of success, especially in East Asia. Such policies are needed not only for industrialization but also agriculture. Both the constraints of geography and governance and their policy implications have been misunderstood in the dominant discourse and can be overcome by a transformation of the mainstream reform agenda. Reforms of the state and governance should move away from what has emerged as the “good governance” recipe and towards “growth-enhancing governance” aimed at facilitating an appropriate balance between the state and the market.

Keywords:   structural change, learning, industrial, and technology policies, governance, East Asian lessons

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