Unleashing Africa's potential as a pole of global growth : issues paper
Author(s)/Corporate Author (s)United Nations. Economic Commission for Africa.;
African Union Commission;
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This issues paper identifies important issues and questions for consideration by African ministers, central bank governors and high-level experts, regarding how Africa can be part of the solution to the problem of global recession and imbalances. Following this introduction, the next chapter examines the key institutional and policy factors that have shaped Africa’s growth performance in the last four decades and highlights the opportunities and potential for the continent to become a pole of global growth. Chapter III highlights a set of binding constraints that must be addressed, focusing on issues of governance, institutions, leadership and natural resource management, human capital development, gender equality, infrastructure, the business and investment climate, and promotion of regional integration and partnerships, while chapter IV focuses on the issue of development financing.