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Growth and Structural Change in Africa: Development Strategies for the Learning Economy

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Sustainable Industrialization in Africa

Abstract

Recent press reports suggest that Africa may now be at a turning point in terms of economic growth and development. These reports point out that, although starting from a low base, Africa is now the world’s fastest-growing continent (August, 2013). However, naive optimism on this ground should be avoided (Karuri-Sebina et al., 2012). The recent growth has been concentrated in particular countries and sectors, and the transformation of growth into sustainable social and economic progress will not happen automatically.

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© 2016 Bengt-Åke Lundvall and Rasmus Lema

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Lundvall, BÅ., Lema, R. (2016). Growth and Structural Change in Africa: Development Strategies for the Learning Economy. In: Sampath, P.G., Oyelaran-Oyeyinka, B. (eds) Sustainable Industrialization in Africa. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-137-56112-1_6

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