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Renewing expectations about Africa's cities.
- Source :
- Oxford Review of Economic Policy; Autumn2017, Vol. 33 Issue 3, p521-539, 19p, 6 Graphs
- Publication Year :
- 2017
-
Abstract
- Built with great expectations to connect Africa with growing global trade in the nineteenth century, many of Africa's cities today have economies that are predominantly local--not regional or global in their reach. At the same time, Africa's cities are experiencing rapid population growth, with the urban population predicted to exceed 1 billion by 2040. Why have Africa's urban economies not been able to keep pace with their burgeoning populations and get into the production of regionally and globally tradable goods and services? And what should policy-makers focus on to renew expectations about Africa's cities? This paper makes the case that as long as African cities lack functioning land markets and regulations and early, coordinated infrastructure investments, they will remain local cities: closed to regional and global markets, trapped into producing only locally traded goods and services, and limited in their economic growth. [ABSTRACT FROM AUTHOR]
- Subjects :
- URBAN economics
CITIES & towns
URBAN density
INFRASTRUCTURE financing
URBAN policy
Subjects
Details
- Language :
- English
- ISSN :
- 0266903X
- Volume :
- 33
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- Oxford Review of Economic Policy
- Publication Type :
- Academic Journal
- Accession number :
- 123963699
- Full Text :
- https://doi.org/10.1093/oxrep/grx038