{"product_id":"sustainable-growth-in-the-african-economy-hardback","title":"Sustainable Growth in the African Economy - Hardback","description":"\u003cp\u003eThe current growth path in sub-Saharan Africa is not following the Lewis model where labour moves from low-productivity agriculture to higher productivity manufacturing. Instead, it is moving directly to inappropriate (import and labour-saving) methods. This book seeks to show how this distorted growth process leaves out the major resource of these countries – labour – and ends up creating unstable employment and underemployment, leading to inequality and poverty. In this way it demonstrates how the entire growth process may be rendered unstable and unsustainable.\u003c\/p\u003e\u003cp\u003eSustainable Growth in the African Economy considers whether the relatively rapid growth of recent years can be maintained or improved upon, with a focus on the process of industrialisation. Basing itself on a well-known dual-economy model, the proposed book focuses on several major problems of industrialisation, which has long been seen as the means of structural change in an economy which begins from a low income level. The book considers how the future trajectory of sub-Saharan Africa compares to recent success stories on other continents, and explains how factors such as rapid population growth and capital and import-intensive technology in manufacturing could foreshadow future social and political problems. \u003c\/p\u003e\u003cp\u003eThis book will be essential reading to students and policymakers who are concerned with the existing pattern of African growth.\u003c\/p\u003e","brand":"Taylor \u0026 Francis","offers":[{"title":"Default Title","offer_id":45575393509614,"sku":"9781138648586","price":227.2,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0630\/9612\/7726\/files\/9781138648586.jpg?v=1720949432","url":"https:\/\/bookland.com.au\/products\/sustainable-growth-in-the-african-economy-hardback","provider":"Book Land AU","version":"1.0","type":"link"}