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Summarising the Past and Hypothesising About the Future

  • Ellen HillbomEmail author
  • Erik Green
Chapter
  • 229 Downloads
Part of the Palgrave Studies in Economic History book series (PEHS)

Abstract

Hillbom and Green begin with a short summary of the previous chapters of the book. More interestingly and constituting a new addition, they ask whether Africa at last is growing out of poverty. The authors state that such a development requires for the African countries to find ways to move from natural resource-based growth spurts to economic diversification and transformation. They present various existing suggestions regarding how the future role of technological change, outsourcing, industrialisation, export-led growth and the expanding regional and domestic markets could eventually set at least some of the African countries on a pathway to economic development.

Bibliography

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  2. Esteban, J., J. Stiglitz, and J. L. Yifu (eds.) (2013) The Industrial Policy Revolution II: Africa in the twenty-first century, New York: Springer. Google Scholar
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Copyright information

© The Author(s) 2019

Authors and Affiliations

  1. 1.Lund UniversityLundSweden
  2. 2.Lund UniversityLundSweden

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