All low-income countries have the potential for dynamic economic growth. We know this because we have seen it happen repeatedly: a poor, agrarian economy transforms itself into a middle- or even high-income urban economy in one or two generations. The key is to capture the window of opportunity for industrialization arising from the relocation of light manufacturing from higher-income countries. That was true in the past and remains true for Africa today.
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Africa’s Path for Industrialization
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Fight Against Capital Flight: A Global Agenda for Achieving Sustainable Development in Africa
Capital flight perpetuates Africa’s dependence Traditionally strategies aimed at accelerating economic development in Africa have focused on strengthening domestic resource mobilization and attracting more external capital to fill the large financing gaps faced by the continent. Much less attention has been paid to the illicit export of Africa’s capital – capital flight. This approach has perpetuated Africa’s dependence on external financing while ‘normalizing’ the plunder of Africa’s wealth through unfair trade and illicit financial flows.
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Germany’s G20 Presidency and the Africa compact: what now for the G20-Africa partnership?
Africa agenda on existing platforms Germany’s assumption of the G20 presidency kicked off on 1 December 2016 with a concerted presentation of its priorities, as the multilateral economic and financial forum looks towards its Hamburg Summit of July 2017. Of note among these priorities is the Compact with Africa through which Germany seeks to intensify partnerships with Africa
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African Alliances for Sustainable Development
Africa affects the world Africa has recently gained a lot of attention in international politics, particularly in Germany and the European Union. However, various unknowns on the African continent and Africa’s complex interdependence with world politics leave many question marks for inter- and transnational cooperation. It is certain that sustainable development in Africa will only be achieved through structural political and economic Transformation.
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Langer Atem statt schneller Erfolge
Bekenntnis zu „Zero Hunger by 2030“ untermauern Entwicklungspolitik und – zusammenarbeit haben in den letzten beiden Jahren deutlich an politischem Stellenwert gewonnen. Das hängt allerdings weniger mit den Erfolgen der Vergangenheit zusammen, sondern vor allem mit der Debatte über Fluchtursachen und der darin der Entwicklungszusammenarbeit zugedachten Rolle. Ob sie diese sehr ambitionierte Rolle tatsächlich überall ausfüllen kann -etwa in akuten Konflikten wie in Syrien oder dem Südsudan – wage ich zu bezweifeln.