Macroeconomic Policy Framework for Africa's Structural Transformation

Objective of the Book

The main objective of this book is to identify the key sources of growth which have played a significant role in Africa's recent robust growth as well as its efforts towards economic transformation.

Assessment of Macroeconomic Frameworks

The book assesses to what extent the existing macroeconomic frameworks among African countries have been streamlined to the countries' development priorities in order to achieve long-term growth and economic transformation.

Economic Linkages and Diversity

Taking into account the diversity of African countries, the authors establish the economic linkages between relevant macroeconomic policy variables and the key sources of growth and development among the selected African economies, based on both theoretical and empirical underpinnings.

Framework for Long-term Growth

Following this, an outline of a macroeconomic framework for Africa’s long-term growth and economic transformation is suggested.