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Regional and Country Policy Issues in Africa

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  • Theodore Ahlers

Abstract

Africa is growing and many of its socioeconomic indicators continue to improve. It is, however, no longer converging—catching up with the rest of the world. This failure to converge presents an urgent challenge to African governments and development partners. This article identifies key regional and country-specific issues requiring urgent attention to put Africa back on a convergence track. Africa is diverging in two important senses: slower growth than the rest of the world and increasing divergence among countries in Africa. Growth has slowed around the world over the last 3 years, but it has slowed more in Africa than elsewhere. For the first time in more than a decade, GDP growth in Africa in 2016 is projected to be below global GDP growth. Divergence is also increasing among countries in Africa. Convergence is still possible in Africa, but it depends on actions taken by individual countries. If African best-practice policies were generalized, the continent would be transformed. If they are not, Africa will continue to diverge from the rest of the world.

Suggested Citation

  • Theodore Ahlers, 2016. "Regional and Country Policy Issues in Africa," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 8(3), pages 273-281, September.
    • Handle: RePEc:sae:emeeco:v:8:y:2016:i:3:p:273-281
    DOI: 10.1177/0974910116677786
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    References listed on IDEAS

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    1. James Bond, 2016. "Infrastructure in Africa," Papers Presented at Global Meetings of the Emerging Markets Forum 2016africainf, Emerging Markets Forum.
    2. Jirasavetakul,La-Bhus Fah & Lakner,Christoph, 2017. "Distribution of consumption expenditure in East Asia," Policy Research Working Paper Series 7968, The World Bank.
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