Africa: Economic report recommends increased development state role
14.04.2011
The 2011 Economic Report on Africa (ERA) from the United Nations Economic Commission for Africa and the African Union Commission recommends that African countries adopt a developmental state approach that uses the market as an instrument rather than a sole mechanism for fostering long-term investment, rapid and sustained economic growth, equity and social development. This in the context, it states, of many African countries not experiencing high economic growth rates over extended periods.