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Title:Selected papers from the ADB/AERC International conference on accelerating Africa's development: five years into the twenty-first century
Editor:Collier, PaulISNI
Year:2007
Periodical:African Development Review (ISSN 1467-8268)
Volume:19
Issue:1
Pages:255
Language:English
Geographic term:Africa
Subjects:economic development
export promotion
debt relief
educational policy
health policy
science and technology policy
conference papers (form)
2006
External link:https://onlinelibrary.wiley.com/doi/10.1111/afdr.2007.19.issue-1/issuetoc
Abstract:In order to assess what has happened in Africa, five years into the twenty-first century, and what the prospects in the years ahead are, and, specifically, to address issues relating to accelerating Africa's economic growth, the African Development Bank in collaboration with the African Economic Research Consortium (AERC), organized an international conference, dubbed the African Economic Conference, in Tunis, on 22-24 November 2006. Eight papers drawn from the plenary and concurrent thematic sessions are reproduced here. A common observation is that Africa's economic growth has improved markedly since the mid-1990s, but has been uneven and too low to make rapid progress towards the Millennium Development Goals. In the first paper, Paul Collier focuses on opportunities and constraints to growth and explains why Africa has grown more slowly than other developing regions. Patrick Guillaumont draws attention to the fact that economic vulnerability remains a challenge for African development; exogenous sources of instability, such as trade and climatic shocks, still underpin Africa's slow growth (paper in French). Alan Gelb, Vijaya Ramachandran and Ginger Turner examine the performance of different groups of countries, with a special focus on better-performing low-income countries. Ji Hong Kim draws lessons for Africa from the experience of Korea's economic development. T. Ademola Oyejide examines the role of export development strategies in promoting growth. Abdoulaye Diagne reviews the case for investing in human capital and evaluates the different performances realized in education and health, particularly in African countries, during the years 1999-2000 and analyses the policy reforms that led to those performances (paper in French). O.A. Bamiro articulates the key role of science and technology and the ways in which it can be developed to achieve the goals of development in Africa. Sylvain E. Dessy and Désiré Vencatachellum highlight the importance of debt relief for Africa's growth, suggesting that the Multilateral Debt Relief Initiative proposed by the G8 in June 2005 has the potential of freeing more resources than any past debt relief programme. [ASC Leiden abstract]
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