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The Evolution of Economic Development in Africa Francis K. Mbroh

The Evolution of Economic Development in Africa By Francis K. Mbroh

The Evolution of Economic Development in Africa by Francis K. Mbroh


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Summary

Within the theoretical framework of the trade-growth and structural transformation-growth nexuses, the book examines the evolution of African (goods and service) trade in terms of value and share of global commerce relative to other regions during 1948-2017.

The Evolution of Economic Development in Africa Summary

The Evolution of Economic Development in Africa: African Trade, 19482017 by Francis K. Mbroh

Within the theoretical framework of the trade-growth and structural transformation-growth nexuses, the book examines the evolution of African (goods and service) trade in terms of value and share of global commerce relative to other regions during the period 19482017. It also identifies and discusses discernible changes in the composition and structure of African exports and imports between 1995 and 2015 and their implications for economic development in Africa.

The study attributes Africa's laggard trade performance during the period primarily to sub-optimal macroeconomic policies and lack of bold export development policies and initiatives, among other factors. It also offers an incisive discussion of several inhibitions to the structural transformation of African exports and imports, including lack of finance, globalization, tariff, and non-tariff measures in global markets. The discussion of the evolution of African trade during the period 19482017 based on statistics and publications of international organizations, including the UNCTAD, the World Bank, and the African Development Bank, among others, is the first of its kind in terms of scope and depth of review of African trade.

The analyses of cross-border trade during 19482017 and their implications for Africas economic development prospects constitute a useful reference material for academics and students of African and development studies and African and international policymakers.

About Francis K. Mbroh

Francis Kingsley Mbroh is the Director at a management consulting firm based in Ilford, UK. He graduated with MSc (Financial Economics) and PhD (Economics) certificates from Birkbeck College and the School of Oriental and African Studies (SOAS), respectively, of the University of London. He has professional experience of over 30 years gained from academia (former Lecturer, CIEE, SOAS and University of Namibia), international banking (former Director of Research, African Export-Import Bank), and economic advisory service industries. Francis has presented papers at many international conferences in Africa, Asia, Europe, and North America, including UNCTAD XIII, which was held in Doha, Qatar, 2126 April 2012.

Table of Contents

1. Introduction and overview 2. Evolution of African Trade During 1948 - 2017 3. Inhibitions to Growth and Transformation of African Trade 4. Structural Transformation of African Trade: A Primer 5. Conclusions and Recommendations

Additional information

NPB9780367749200
9780367749200
0367749203
The Evolution of Economic Development in Africa: African Trade, 19482017 by Francis K. Mbroh
New
Hardback
Taylor & Francis Ltd
2021-07-12
412
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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