Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/80929
Authors: 
Page, John
Year of Publication: 
2012
Series/Report no.: 
WIDER Working Paper 2012/21
Abstract: 
This paper argues that official development assistance (foreign aid) is partly responsible for the lack of structural change in Africa. Africa's development partners have devoted too few resources and too little attention to two critical constraints to private investment, infrastructure and skills, focusing instead on easily understood, but potentially low impact regulatory reforms. A new aid strategy, one that catalyses private investment in high value added sectors, is needed. Support for strategic interventions to push non-traditional exports, support industrial agglomerations, build firm capabilities, and strengthen regional integration should anchor a new donor agenda to create good jobs and sustain growth.
Subjects: 
aid
structural change
private sector
industry
exports
JEL: 
O14
O19
O25
O40
ISBN: 
978-92-9230-484-3
Document Type: 
Working Paper

Files in This Item:
File
Size
451.59 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.