Africa through an Economic Lens - by Amadou Sy (Paperback)

About the Book

A broad vision for economic progress in Africa

A more peaceful and prosperous Africa is in everyone's interest. Such an Africa would translate into more trade and investment, more jobs, and more security for all. Africa is now at a crossroads and the right...

Book Synopsis

A broad vision for economic progress in Africa

A more peaceful and prosperous Africa is in everyone's interest. Such an Africa would translate into more trade and investment, more jobs, and more security for all. Africa is now at a crossroads and the right path, if taken, could lead the continent closer to reaching its growth and human development objectives. As one banker recently said, it is no longer a matter of "Why Africa?" but "How Africa?"

Using economic policy analysis, this book examines the vision for achieving this idea of "How Africa?" through the cooperative actions of the African Union, Africa's private sector, civil society, women, and youth. It looks at the continent's progress in delivering on this vision, specifically its ability and progress in maintaining momentum, sharing the benefits of growth, and financing its development. The book also looks at risks and opportunities that are part of this vision-such as population growth, urbanization, and technological changes, and the role that countries such as the United States and China, as well as institutional and private sector partners, can play in achieving Africa's vision.

This book offers a vision of Africa that puts together all the pieces of the puzzle to help inform policymakers from all disciplines. Policymakers and political commentators in the United States and elsewhere typically look at Africa through discrete lenses that focus on specific elements of what is happening on the continent, from security concerns to trade disputes to humanitarian crises. This tendency to focus narrowly, however, gives a fragmented and incomplete vision of the continent. A broader economic lens helps refocus the vision of Africa and is necessary if one wants to have a meaningful impact on policies to achieve sustainable and inclusive economic growth.

The book takes care to understand and study the vision that Africans themselves have of their continent. It is also forward looking in its focus on trends and risks such as population growth, rapid urbanization, and technological change.

From the Back Cover

A vision for a more peaceful and prosperous Africa

Africa is at a crossroads and the right path could lead African nations closer to reaching their growth and human development objectives. A more peaceful and prosperous continent would translate into more trade and investment, more jobs, and more security for Africans and the world.

In Africa through an Economic Lens, Amadou Sy examines this vision for Africa and how the African Union, Africa's private sector, civil society, women, and youth can help achieve it. In his economic policy analysis, Sy broadens the lenses that focus on narrow matters like security, trade disputes, and humanitarian crises and instead refocuses on policies to achieve sustainable and inclusive economic growth.

Review Quotes

Africa through an Economic Lens is highly pertinent in light of current strategies and initiatives seeking to raise private funds for (infrastructure) finance, such as the G20 Compact with Africa. It is also highly valuable in that it combines current policy debates with first-hand insights from academic research and Sy's wealth of macroeconomic expertise, thereby bridging the gap between political offices and ivory towers. The book is thus a recommended read for academics, policymakers, and practitioners with an interest in the financing of Africa's development.--Tabea Lakemann, Africa Spectrum

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