Macroeconomic policy for structural transformation of African economies
Macroeconomic policy as an engine for transformation
African economies are slowly transforming but at a low pace compared to their potential and development aspirations. It is now recognized that one of the contributing factors has been the ineffectiveness of past macroeconomic frameworks in undertaking
the type of public investment required to promote private investment, to develop a productive publicprivate interface, and to implement countercyclical macroeconomic policies.
