01841nam a22002777a 4500 OSt 20260515115330.0 260121b |||||||| |||| 00| 0 eng d 0963-8024 1464-3723 TBS EN TBS eng Rodrik, Dani 12580 author An African growth miracle? / Dani Rodrik. Journal of African Economies, 2018. 10-27 pages. Journal of African economies, 2018-01, Vol.27 (1), p.10-27 Africa's recent growth performance has raised expectations of a bright economic future for the continent after decades of decline. Yet there is a genuine question about whether Africa's growth can be sustained, and if so, at what level. The balance of the evidence suggests caution on the prospects for high growth. While the region's fundamentals have improved, the payoffs to macroeconomic stability and improved governance are mainly to foster resilience and lay the groundwork for growth, rather than to generate productivity growth on their own. The traditional engines behind rapid growth, structural change and industrialization, seem to be operating at less than full power. If African countries do achieve growth rates substantially higher, they will have to do so pursuing a growth model that is different from earlier miracles based on industrialization. This might be agriculture-led or services-led growth, but it will look quite different than what we have seen before. MSc International Business 26977 Developing countries 8743 Development economics 26862 Productivity 3618 Service industries 1728 https://research-ebsco-com.hub.tbs-education.fr/c/q5dvh4/viewer/pdf/lfp6e4byyz lcc 0 0 ddc 0 0 CT TBS TBS 2026-05-12 0 5218 2026-05-12 https://research-ebsco-com.hub.tbs-education.fr/c/q5dvh4/viewer/pdf/lfp6e4byyz 2026-05-12 ARTICLE 5218 5218