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Prospects for economic governance: resilient pro-poor growth

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Abstract:

PurposeThe purpose of this paper is to discuss the potential of the present drivers of economic governance, trade and investment, and also to envision their intersections and cross-cutting impacts on poverty and human development. Design/methodology/approachA general review is employed to highlight scenarios shaping Africa's economic governance and the magnitude of their impact on pro-poor growth. Potential responses are identified to address African vulnerabilities to poor governance and alternative dimensions to achievable equitable future are recommended for implementing those measures as a way forward. FindingsThe paper observes that changes to the policy environment should include reform in Africa's governance and policy processes by supporting participation by a variety of actors including the poor rural farmers and women among others. Research limitations/implicationsA broader literature review to support some of the recommended alternative dimensions is needed. Practical implicationsThe existing economic governance structure in Africa does not include stakeholders. Changes to the policy environment should include reform in Africa's economic governance and policy processes by supporting participation by a variety of actors including the poor rural actors (farmers and women) among other underrepresented groups. Originality/valueThe paper uses foresight and futures in discussing alternative scenarios for economic governance as relatives to poverty reductions and human development.

Keywords: Africa; Economic growth; Economics; Forward planning

Document Type: Research Article

DOI: http://dx.doi.org/10.1108/14636680910982449

Publication date: July 17, 2009

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