Economic Transformation in Sub-Saharan Africa, Volume II
English | May 27, 2026 | ISBN-10: 3031778162 | 254 pages| Epub PDF (True) |
Despite the growing population and significant
natural resources of Sub-Saharan Africa (SSA), economies in that region
currently represent only 2% of global GDP. Finished goods are imported
to Africa from the US, Europe, China and Japan, while commodities remain
the primary export. Addressing this balance must be the primary focus
of initiatives to foster economic growth and development across the
region in the coming years. However, there is currently a lack of
intellectual discourse that incorporates diverse firm-level and
institutional-level theories, as well as the stakeholder perspective, to
explain the transformation of Sub-Saharan Africa into a production
economy. This two-volume edited work brings together scholars of
business in Africa and economic transformation to discuss topics
including the knowledge economy, inter-regional relations, supply
chains, the informal economy, the service sector and more, creating a
broad and probing analysis of Africa’s potential for transformation and
strategies to achieve it.
This second volume explores the
relationship between institutions and sectoral productivity in SSA,
emphasising the need for policies that integrate informal economy
players into the formal structure to enhance socio-economic development.
The volume suggest that strong governance, aligned policies, and the
inclusion of informal sector innovations are crucial for improving
productivity and achieving sustainable economic transformation in SSA.
It will be of interest to scholars of business in Africa, international
business, developing economies, business strategy and innovation.