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Delivering Sustainable Growth in Africa - African Farmers and Firms in a Changing World (Hardcover)
Loot Price: R3,394
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Delivering Sustainable Growth in Africa - African Farmers and Firms in a Changing World (Hardcover)
Series: IDE-JETRO Series
Expected to ship within 12 - 17 working days
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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.This book aims to fill the lack of micro
evidences on a structural change of African producers. By
collecting studies on single industries, the authors attempt to
demonstrate firms' and farmers' responses to the recent economic
trend such as growth of demand, emergence of FDI and improvement in
infrastructure. Since the economic trend differs by industry, its
impacts on producers can be observed more clearly by focusing on a
single industry. Based on case studies, this book covers four
industries in five countries that experienced significant external
changes; namely, horticulture in Ghana, construction in Burkina
Faso, textiles in Madagascar, agriculture in Uganda, and wood
processing in Tanzania. All studies are based on original data
collected through the authors' field work.
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