Abstract

http://ssrn.com/abstract=1290913
 
 

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Sectoral Performance in the African Economy - Some Issues and Trends


Prof. Ravinder Rena


University of the Western Cape; Polytechnic of Namibia; Papua New Guinea University of Technology

March 15, 2008

Indus Journal of Management & Social Sciences, Vol. 2, No. 1, pp. 1-14, Spring 2008

Abstract:     
African economies are facing the critical challenge of raising the rate of GDP growth and sustaining high growth rates and thus meet the Millennium Development Goals (MDGs). The performance of agriculture is more paradoxical and African exports of industrial goods are dominated by mining and crude oil. The financial systems remain largely underdeveloped both in terms of the size and range of financial instruments and services offered. This article explores the recent growth performance both at the continental and subregional level. It discusses disparities in growth performance and the factors behind the observed disparities across countries and subregions. It also discusses developments at the sectoral level and progress and challenges in human development, closing with a brief exposition of the prospects for 2007. The paper further analyses the HIV/AIDS in the continent and its impact on the economy.

Number of Pages in PDF File: 14

Keywords: African Economy, MDGS, Financial System, Crude Oil, Human Development

JEL Classification: E2, F31, H11

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Date posted: October 29, 2008 ; Last revised: January 8, 2009

Suggested Citation

Rena, Prof. Ravinder, Sectoral Performance in the African Economy - Some Issues and Trends (March 15, 2008). Indus Journal of Management & Social Sciences, Vol. 2, No. 1, pp. 1-14, Spring 2008 . Available at SSRN: http://ssrn.com/abstract=1290913 or http://dx.doi.org/10.2139/ssrn.1290913

Contact Information

Ravinder Rena (Contact Author)
University of the Western Cape ( email )
Private Bag X 17
Economics, Faculty of Economic and Management Scie
Bellville, Western Cape 7535
South Africa
0027219593624 (Phone)
0027219593201 (Fax)
HOME PAGE: http://www.uwc.ac.za
Polytechnic of Namibia ( email )
13 Storch Street
Private Bag 13388
Windhoek, Khomas 13388
Namibia
HOME PAGE: http://www.polytechnic.edu.na
Papua New Guinea University of Technology ( email )
Private Mail Bag 411
Lae, Morobe 411
Papua New Guinea
HOME PAGE: http://www.unitech.ac.pg
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