Proceedings of the 2017 conference on land policy in Africa

Abstract

The aim of the present study is to investigate the macroeconomic conditions that are conducive to green growth, and how an inclusive green economy can enhance structural transformation, thereby driving sustainable development. In this regard, an in-depth analysis of past and current macroeconomic policies in Africa was conducted to foster an understanding and appreciation of how they have affected economic, social and environmental developmental outcomes. The prevailing macroeconomic environment and policy outlook are important for an effective green economy system to simultaneously address socioeconomic and environmental challenges. However, conventional policies with a sole focus on maintaining macroeconomic stability are inadequate to accelerate the pace of structural and sustainable change in the economy. Furthermore, effective macroeconomic policies are bounded by long-term national development strategies to facilitate the transformation of economic and social structures.