Ad-Hoc expert group meeting on growth strategies for Africa: lessons and proposals

The recent economic recovery in Africa that began 1994 has given grounds for renewed optimism both within and outside the region. The recovery, however, is fragile and its sustainability is in question not only because it has not been underpinned by a strong investment performance but also it is highly vulnerable to external shocks, including weather and the terms of trade. Despite multiple efforts of reforms, there remains structural constraints and institutional weakness that block vigorous domestic supply response. Rapid trade and financial liberalization coupled with the withdrawal of government from agricultural marketing has also thrown up a new set of problems for policymakers.

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Bibliographic Details
Format: Conference document biblioteca
Language:eng
Published: 1999-12
Online Access:http://hdl.handle.net/10855/3513
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