Good Growth and Governance in Africa

• Includes chapters on governance; industry, trade, and technology; and employment and human capital
• Offers policy alternatives based on lessons from economic development in East Asia
• Edited by leading scholars including Nobel Prize winner Joseph E. Stiglitz

Readership: Academics and students of economics, particularly those interested in development economics and global poverty. Policymakers, policy advocates and NGOs.

Edited by Akbar Noman, Senior Fellow, Initiative for Policy Dialogue and Adjunct Professor, School of International and Public Affairs, Columbia University, Kwesi Botchwey, Executive Chairman, African Development Policy Ownership Initiative (ADPOI), Howard Stein, Professor, Center for Afro-American and African Studies (CAAS), University of Michigan, and Joseph E. Stiglitz, University Professor, Columbia University

Akbar Noman is an economist with wide-ranging experience of policy analysis and formulation in a variety of developing and transition economies, having worked extensively for the World Bank where he was Senior Economist for Ethiopia and an influential adviser to the government. He combines teaching at SIPA with being a Senior Fellow at the Initiative for Policy Dialogue. His other academic appointments have been at Oxford University (where he was also a student) and the Institute of Development Studies at the University of Sussex.

Kwesi Botchwey was Ghana's Ministers of Finance from 1983-1995 and he was key to stabilizing the country's collapsed economy. He is a member of the President's Economic Advisory Council (Ghana) and member of the UN Committee on Development Policy (CDP). His past positions include: Professor of Practice in Development Economics at the Fletcher School, Tufts University and Director of African Research and Programs at the Center for International Development at Harvard University.

Howard Stein also teaches in the Department of Epidemiology. He is a development economist educated in Canada, the US, and the UK who has taught in both Asia and Africa. His research has focused on foreign aid, finance and development, structural adjustment, health and development, rural property right transformation, and industrial policy. His most recent monograph is Beyond the World Bank Agenda: An Institutional Approach to Development (University of Chicago Press, 2008).

Joseph E. Stiglitz is the winner of the 2001 Nobel Memorial Prize in Economics, and a lead author of the 1995 report of the IPCC, which shared the 2007 Nobel Peace Prize. He was chairman of the U.S. Council of Economic Advisors under President Clinton and chief economist and senior vice president of the World Bank for 1997-2000. Prior to Columbia he held the Drummond Professorship at All Souls College, Oxford, and professorships at Yale, Stanford, and Princeton. He is the author of the best-selling Globalization and Its Discontents, Making Globalization Work, Fair Trade For All, and most recently of Freefall: America, Free Markets, and the Sinking of the Global Economy. His engagement with Africa began more than 40 years ago, at the Institute of Development Studies in Nairobi.

Part I: Introduction and Overview
1: Akbar Noman and Joseph Stiglitz: Strategies for African Development
Part II: Governance, Institutions and the State
2: Mushtaq Khan: Governance and Growth: History, Ideology and Methods of Proof
3: Thandinka Mkandawire: Institutional Monocroping and Monotasking in Africa
4: Mushtaq Khan: Governance and Growth Challenges for Africa
5: Meles Zenaewi: States and Markets: Neoliberal Limitations and the Case for a Developmental State
6: Augustin Fosu: The African Economic Growth Record, and the Roles of Policy Syndromes and Governance
Part III: Technology, Industrial and Trade Policies
7: Izumi Ohno and Kenichi Ohno: Dynamic Capacity Development: What Africa Can Learn from Industrial Policy Formulation in East Asia
8: Robert Wade: How can Low-Income Countries Accelerate their Catch-up with High-Income Countries? The Case for Open-Economy Industrial Policy
9: Banji B. Oyeyinka and Padmashree Gehl Sampath: Institutional Capacity and Policy Choices for Latecomer Technology Development
10: Kunal Sen and Dirk Willem te Velde: State-Business Relations, Investment Climate Reform and Economic Growth in Sub-Saharan Africa
11: Howard Stein: Africa, Industrial Policy and Export Processing Zones: Lessons from Asia
12: Nimrod Zalk: South African Post-Apartheid Policies Towards Industrialization: Tentative Implications for Other African Countries
13: Matsuo Watanabe and Atsushi Hanatani: Issues in Africa's Industrial Policy Process
14: David Bailey, Helena Lenihan and Ajit Singh: Tiger, Tiger Burning Bright? Industrial Policy Lessons from Ireland for Small African Economies
Part IV: Employment and Human Capital
15: Aziz Khan: Employment in Sub-Saharan Africa: Lessons to be Learnt from the East Asian Experience
16: Yaw Ansu and Jee-Peng Tan: Skills Development for Economic Growth in Sub-Saharan Africa: A Pragmatic Perspective
Part V: International Context
17: Jomo K.S. and Rudiger von Arnim: Economic Liberalization and Constraints to Development in Sub-Saharan Africa
18: Deepak Nayyar: The Emerging Asian Giants and Economic Development in Africa