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AfricaGrowth Agenda
The Africagrowth Agenda is a quarterly journal which publishes high quality articles covering development issues in Africa. Special focus of the journal is on:
- Investment Climate in Africa
- Intra-African trade
- African capital markets
- Development finance/economics
- Issues surrounding African Development Institutions
- Best practice articles
| Publisher | AfricaGrowth Institute |
|---|---|
| Frequency | Quarterly |
| Coverage | Mar / May 2007 - current |
| Accreditation(s) |
The International Bibliography of Social Sciences (IBSS) |
| Language | English |
| Journal Status | Active |
| Collection(s) |
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Prosperous or recession? Analyzing the performance of South African agricultural economy towards the gross domestic product from 2018 and beyond
More LessThe South African government has shown a glut commitment in improving the growth of Gross Domestic Product (GDP). This is entrenched as the long term vision on the National Development Plan, which anticipates to accelerate the growth of the GDP through the industrial and agricultural sectors. This paper analyzes the performance of the South African agricultural economy towards the GDP from the financial year of 2018 and beyond. The case study assisted a researcher to go through the previous report including online data sources such as Statistics South Africa, the Global Economy, and the World Bank. The textual analysis assisted a researcher in critically analyzing the relevant reviewed literature and Microsoft Excel was used to present and analyze the graph to fulfill the quantitative part of this paper. The most important part of the findings reveals that the agricultural sector has shown to reach a recession in terms of contributing to the GDP in 2019 and that raises concerns about the future of the agricultural sector towards contributing to the growth of the GDP in South Africa. This is because the country is currently going through the issue of load shedding, which remains a threat to the growth of the agricultural economy. The government should develop the gas infrastructure by converting all diesel fired power plants to gas in order to back up the agricultural sectors during electricity shortage.
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Solving Zimbabwe’s urban water supply crisis through private sector participation
More LessZimbabwe is one of the countries still lagging behind in terms of the United Nations’ Sustainable Development Goal Number 6 to ensure everyone has access to clean water by 2030. The state of urban water supply in Zimbabwe is deplorable with almost all urban local authorities failing to adequately supply water to residents. Local authorities seem to lack the capacity to solve the water supply crisis and perhaps its time to consider roping in the private sector. The private sector may come in through arrangements such as privatisation, joint ventures, leases and BOTs. The private sector tends to bring efficiencies and innovation which the public sector lacks, and this may improve the water supply situation. Efficiency and innovation may lead to lower cost of service which can translate to lower tariffs. Private sector also has access to other sources of financing which may be readily available for the private sector. Private sector participation also leads to de-politicisation of the water sector and tends to increase efficiency in bill collection. There is however need for a well planned and phased approach to the transition. Stakeholder consultation is also key so as to ensure buy-in from all stakeholders.
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Can tourism to national parks contribute to economic development?
More LessTourism if properly harnessed can help in poverty alleviation and contribute to economic growth. Nature tourism in particular has potential to have more impact in rural areas through harnessing the development of tourism around national parks and the facilities. With the large population of Nigeria, home grown tourism though proper destination marketing and social media involvement can boost tourism receipts for national parks with ripple effects extending reaching local communities in close proximity to parks. Since these positive scenarios are on the increase, the role of government should be to create favourable climate though policy and encourage direct investment to ensure the continued growth of the sector.
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Economics and development paradigms in transition
More LessBecause of the perceivable decay of neoliberalism or monetarism as mainstream economics and its prescriptive development policy, the old concept of paradigm is nowadays becoming a fashionable word in academic campuses and political spheres. It is a sound voice that transmits the idea of the erudition of anyone who pronounces it or write about it. Curiously, it is too little what it says about its meaning and good usage, particularly, when heterodox economists insistently allude to the need for a «paradigm shift». With the aim of stripping the concept of its vagueness banner, this article attempts to explain what paradigm and paradigm shift mean looking, by way of illustration, at the transition of three magnificent development paradigms in economic science over the last hundred years. It also gives a brief account of their strengths and weaknesses to face crucial development problems, threats, and challenges in the twenty-first century.
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© Publisher: AfricaGrowth Institute
© Publisher: AfricaGrowth Institute