Africa in the 21st Century (e-book) (used book) | bookbook.eu

Description

Will the 21st century witness Africa's major push towards catching up with other world regions? Or will the continent continue to underperform its peers? A flagship report published in 2000 provided a blueprint for Africa to claim the 21st century. Nearly a quarter of a century later, Africa's progress reveals some advancements, yet endeavors to overcome pivotal challenges identified at the century's outset have fallen short. The agenda to mitigate conflicts, invest in people, bolster economic competitiveness, and reduce dependence on external financing remains unfinished. What will it take to reshape Africa's trajectory, not only for the few countries that have made notable advancement but for current and future generations across the continent? The goal of fostering inclusive green growth remains, yet its attainment is increasingly daunting. The growth model, based on labor-intensive, polluting industrialization that once brought wealth elsewhere is unlikely to succeed as automation expands, trade patterns shift, and climate pressures mount. Amid rapid population growth, achieving social and economic inclusion becomes more arduous. Moreover, sustainability confronts threats not solely from pollution and resource over-extraction, but also from the exacerbating impacts of climate change. Nevertheless, promising instances and hopeful examples in numerous African nations demonstrate that there are no inherent barriers preventing Africa from accelerating development and narrowing the gaps with other world regions. To achieve this, countries must intensify efforts to address three crucial enablers of development: 1.Governance with accountable leadership and a competent and committed state. Without this, progress on any aspect of development is unattainable. 2.Africans equipped with skills, technology, and access to quality healthcare, enabling them to engage in society and the economy. 3.Robust, well-functioning market systems that cultivate growth, foster opportunities, and generate productive employment. This sequel report analyzes past achievements, enduring obstacles, and potential policy alternatives. The chapters in this report outline strategies for governments to enhance support for inclusive green growth. They delve into ways the continent can empower its expansive, young labor force with the requisite skills and resources for a modern, productive economy. Moreover, they explore how trade in goods and services can distribute economic gains across what has historically been the most fragmented world region.