INSTRUCTIONS: Carefully read the following articles to understand the Impetus to Economic Policy (Topic 1) and use them to answer the question below.
Paul Collier and Jan Willem Gunning from the Journal of Economic Perspectives, Vol. 13, No. 3, (summer, 1999) on â€œWhy Africa Has Grown Slowlyâ€
Jeffrey D. Sachs and Andrew M. Warner from the Journal of African Economies, December 1997, Volume 6, Number 3, pp. 335-376 on â€œSources of Slow Growth in African Economiesâ€
Gordon P. Hagbert from the Annals of the American Academy of Political and Social Science 1961 , Vol. 335 on â€œThe Peculiarities of Geography: Africaâ€
Winford H. Masanjala and Chris Papageorgiou from the Department of Economics Louisiana State University Working Paper 2006-01 on â€œInitial Conditions, European Colonialism and Africaâ€™s Growthâ€
David E. Bloom, Jeffrey D. Sachs, Paul Collier, Christopher Udry from the Brookings Papers on Economic Activity, Vol. 1998, No. 2, (1998), pp. 207-295 on â€œGeography, Demography, and Economic Growth in Africaâ€
For a SSA country of your choice, discuss the role of real peculiarities of African economies in the design and implementation of short-term economic policies and long-term development initiatives.
Kees Van Donge, J., Henley, D., and Lewis, P.(2012): Tracking Development in South-East Asia and Sub-Saharan Africa: The Primacy of Policy. Development Policy Review, 2012, 30 (s1): s5-s24
Economic Policy is important for growth and Development of many countries. The starkest example of what the gains and losses from policy can be comes from the varying experience of sub-Saharan Africa and East Asia in the last sixty years. Tracking Development in South-East Asia and Sub-Saharan Africa indicates that the two regions with comparable levels of income per capita in the 1950s diverged in growth so rapidly. Why are there so many Asian tigers and not yet so many African lions? What could Africa learn from Southeast Asian development trajectories?
From the African Economic Outlook 2018, Discuss the key drivers of African performance and prospects.