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Economic Diversification and Growth in Africa pp 5–31Cite as

Palgrave Macmillan

Toward Analytic Coherence in Assessing Economic Development Policy Making: Special Reference to African Countries

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Abstract

Coherence in assessing economic development policy making has value. First, some low-income countries would like to transform their economies rapidly and efficiently. Second, certain countries experience growth spurts while at the same time benefitting from windfalls in receipts from natural resources. A debate typically ensues over whether the growth spurts reflect any improvements in the policy making environment. Finally, if a country with a history of poor governance wants to tap the international sovereign debt market, both the potential lenders and the borrowing country authorities would benefit from coherent assessment of policy making in the country. This chapter presents a framework for use in such contexts.

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Authors and Affiliations

  1. International Monetary Fund Retiree, Independent Researcher, Virginia, USA

    Omotunde E. G. Johnson

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  1. Omotunde E. G. Johnson
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Johnson, O.E.G. (2016). Toward Analytic Coherence in Assessing Economic Development Policy Making: Special Reference to African Countries. In: Economic Diversification and Growth in Africa. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-30849-4_2

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  • DOI: https://doi.org/10.1007/978-3-319-30849-4_2

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-319-30848-7

  • Online ISBN: 978-3-319-30849-4

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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