African Governance Report V - 2018

Download or read book African Governance Report V - 2018 written by Maurice Williams and published by . This book was released on 2019-06-18 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploitation of natural resources has dominated economic activity in Africa but the benefits have accrued only to a privileged few. The continent's most common strategy of exporting commodities in their raw (non-valued added) form has led to disappointing results, reflected in unsustainable and non-inclusive economic growth, marginal improvements in the well-being of the population, and low levels of economic diversification and transformation. This edition examines efforts to improve the governance of Africa's abundant natural resources, emphasizing the need to strengthen natural resource governance institutions and frameworks to enhance domestic revenue, the promotion of economic diversification, and structural transformation.