Sustainable Growth in the African Economy: How Durable is Africa?s Recent Performance?

Category

Development economics & emergi

Store

Wordery

Brand

Taylor & francis

Sustainable Growth in the African Economy: How Durable is Africa?s Recent Performance? : Routledge : 9780367877781 : 0367877783 : 12 Dec 2019 : The current growth path in sub-Saharan Africa is not following the Lewis model where labour moves from low-productivity agriculture to higher productivity manufacturing. Instead, it is moving directly to inappropriate (import and labour-saving) methods. This book seeks to show how this distorted growth process leaves out the major resource of these countries ? labour ? and ends up creating unstable employment and underemployment, leading to inequality and poverty. In this way it demonstrates how the entire growth process may be rendered unstable and unsustainable. Sustainable Growth in the African Economy considers whether the relatively rapid growth of recent years can be maintained or improved upon, with a focus on the process of industrialisation. Basing itself on a well-known dual-economy model, the proposed book focuses on several maj

39.99 GBP