Africa's development in the 21st century electronic resource Reshaping the research agenda Fantu Cheru

By: Contributor(s): Language: English Series: Current African issues ; 41Publication details: Uppsala Nordiska Afrikainstitutet (NAI) 2008Description: 1 PDF-file (50 p.)ISBN:
  • 9789171066329
ISSN:
  • 0280-2171
Subject(s): Online resources: Summary: As Africa enters the 21st century, it faces mounting challenges as well as new opportunities. Unlike in the 1980s and the 1990s, however, the conditions for Africa's sustained growth and development are more favourable today than ever before. As a result of economic reforms the overall growth has been in excess of 4.5 percent annually since the mid 1990s. There is greater consensus among Africans now than at any previous time on what needs to be done to accelerate growth, reduce poverty and promote sustainable development. The positive response of Africa's international partners enhances the prospects for sustaining the progress. Africa is also benefiting from a commodity boom and increased investment in infrastructure and the extractive industry sector. But many questions remain unanswered. The most pressing question is how Africa can best benefit from the rise of the Asian giants, China and India.
Item type: report
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SIPRI Library and Documentation CD127 G11_345 Available G11/345

As Africa enters the 21st century, it faces mounting challenges as well as new opportunities. Unlike in the 1980s and the 1990s, however, the conditions for Africa's sustained growth and development are more favourable today than ever before. As a result of economic reforms the overall growth has been in excess of 4.5 percent annually since the mid 1990s. There is greater consensus among Africans now than at any previous time on what needs to be done to accelerate growth, reduce poverty and promote sustainable development. The positive response of Africa's international partners enhances the prospects for sustaining the progress. Africa is also benefiting from a commodity boom and increased investment in infrastructure and the extractive industry sector. But many questions remain unanswered. The most pressing question is how Africa can best benefit from the rise of the Asian giants, China and India.

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