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2017 | OriginalPaper | Chapter

1. An Overview of Structural Transformation and Macroeconomic Policy Imperatives in Africa

Authors : Carlos Lopes, Abdalla Hamdok, Adam Elhiraika

Published in: Macroeconomic Policy Framework for Africa's Structural Transformation

Publisher: Springer International Publishing

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Abstract

Based on theory and empirical work, this chapter articulates the key issues examined in the book, focusing on the questions of what is meant by structural transformation, and how it should be measured in the context of Africa. The chapter underscores the critical importance of structural transformation for African countries to promote inclusive and sustainable development as enshrined in internationally agreed as well as regional development agendas. Key policy imperatives for transforming Africa’s economies are discussed including the role of the State, long-term development planning and macroeconomic policy frameworks that aim to simultaneously support the stabilization and development objectives of African economies. The following chapters provide a more detailed discussion and assessment of specific macroeconomic policies.

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next chapter Africa’s Development Trajectory: Past, Present, and Future Directions

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Title: An Overview of Structural Transformation and Macroeconomic Policy Imperatives in Africa
Authors: Carlos Lopes
Abdalla Hamdok
Adam Elhiraika
Publisher: Springer International Publishing
Book: Macroeconomic Policy Framework for Africa's Structural Transformation
Print ISBN: 978-3-319-51946-3

Electronic ISBN: 978-3-319-51947-0

Copyright Year: 2017
DOI: https://doi.org/10.1007/978-3-319-51947-0_1