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Renewing expectations about Africa's cities.

Authors :
Lall, Somik V.
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]

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