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Introduction

image of Introduction

African countries have been growing at a relatively fast rate since the beginning of the new millennium, which in turn has led to improvements in several areas such as trade, mobilization of government revenue, infrastructure development, and the provision of social services and vice versa. Indeed, over the period 2001–2008, Africa was among the fastest growing regions in the world economy, and it is interesting to note that this improvement in growth performance has been widespread across countries. Despite the progress that has been made by the region over the last decade, the current pattern of growth is neither inclusive nor sustainable. There are various reasons for this.

Related Subject(s): Economic and Social Development
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