Playing to Strength : Growth Strategy for Small Agrarian Economies in Africa

With urban industrialization on the scale achieved by East Asian economies looking increasingly less plausible, small economies in Africa need an alternative strategic approach to long-term growth. The purpose of this paper is to identify a growth...

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Main Authors: Yusuf, Shahid, Kumar, Praveen
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/198021533665590055/Playing-to-strength-growth-strategy-for-small-agrarian-economies-in-Africa
http://hdl.handle.net/10986/30233
id okr-10986-30233
recordtype oai_dc
spelling okr-10986-302332021-06-08T14:42:47Z Playing to Strength : Growth Strategy for Small Agrarian Economies in Africa Yusuf, Shahid Kumar, Praveen AGRICULTURE GROWTH STRATEGY LANDLOCKED PRECISION AGRICULTURE MANUFACTURING TOURISM AGRIBUSINESS With urban industrialization on the scale achieved by East Asian economies looking increasingly less plausible, small economies in Africa need an alternative strategic approach to long-term growth. The purpose of this paper is to identify a growth strategy with the greatest potential for small, landlocked economies in East Africa. The paper uses Malawi, Rwanda, and Uganda as case studies to explore the potential for growth in agriculture, manufacturing, and tourism in these countries. The paper marshals extensive reasoning that while the manufacturing sector and exports of light labor or resource intensive manufactures could contribute a fraction of aggregate growth, it is agriculture, agribusiness, and services that will contribute the lion’s share because of an unprecedented convergence of technologies. Industrialized agriculture and agri-business could enable these countries to sustain rapid growth even in the face of climate change. Malawi, Rwanda, and Uganda, with some trying, can accelerate their convergence to the technological frontier to take full advantage of this promise. Undoubtedly, there are obstacles to transferring the advanced technologies wholesale to East Africa, but their eventual assimilation is a must and the removal of hurdles needs to be addressed. Extracting the maximum growth mileage will require policy action on multiple fronts. 2018-08-15T19:18:08Z 2018-08-15T19:18:08Z 2018-08 Working Paper http://documents.worldbank.org/curated/en/198021533665590055/Playing-to-strength-growth-strategy-for-small-agrarian-economies-in-Africa http://hdl.handle.net/10986/30233 English Policy Research Working Paper;No. 8543 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Africa East Africa Malawi Rwanda Uganda
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic AGRICULTURE
GROWTH STRATEGY
LANDLOCKED
PRECISION AGRICULTURE
MANUFACTURING
TOURISM
AGRIBUSINESS
spellingShingle AGRICULTURE
GROWTH STRATEGY
LANDLOCKED
PRECISION AGRICULTURE
MANUFACTURING
TOURISM
AGRIBUSINESS
Yusuf, Shahid
Kumar, Praveen
Playing to Strength : Growth Strategy for Small Agrarian Economies in Africa
geographic_facet Africa
East Africa
Malawi
Rwanda
Uganda
relation Policy Research Working Paper;No. 8543
description With urban industrialization on the scale achieved by East Asian economies looking increasingly less plausible, small economies in Africa need an alternative strategic approach to long-term growth. The purpose of this paper is to identify a growth strategy with the greatest potential for small, landlocked economies in East Africa. The paper uses Malawi, Rwanda, and Uganda as case studies to explore the potential for growth in agriculture, manufacturing, and tourism in these countries. The paper marshals extensive reasoning that while the manufacturing sector and exports of light labor or resource intensive manufactures could contribute a fraction of aggregate growth, it is agriculture, agribusiness, and services that will contribute the lion’s share because of an unprecedented convergence of technologies. Industrialized agriculture and agri-business could enable these countries to sustain rapid growth even in the face of climate change. Malawi, Rwanda, and Uganda, with some trying, can accelerate their convergence to the technological frontier to take full advantage of this promise. Undoubtedly, there are obstacles to transferring the advanced technologies wholesale to East Africa, but their eventual assimilation is a must and the removal of hurdles needs to be addressed. Extracting the maximum growth mileage will require policy action on multiple fronts.
format Working Paper
author Yusuf, Shahid
Kumar, Praveen
author_facet Yusuf, Shahid
Kumar, Praveen
author_sort Yusuf, Shahid
title Playing to Strength : Growth Strategy for Small Agrarian Economies in Africa
title_short Playing to Strength : Growth Strategy for Small Agrarian Economies in Africa
title_full Playing to Strength : Growth Strategy for Small Agrarian Economies in Africa
title_fullStr Playing to Strength : Growth Strategy for Small Agrarian Economies in Africa
title_full_unstemmed Playing to Strength : Growth Strategy for Small Agrarian Economies in Africa
title_sort playing to strength : growth strategy for small agrarian economies in africa
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/198021533665590055/Playing-to-strength-growth-strategy-for-small-agrarian-economies-in-Africa
http://hdl.handle.net/10986/30233
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