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The New Partnership for African Development: questions regarding Africa's response to its underdevelopment

✍ Scribed by John Luiz


Publisher
John Wiley and Sons
Year
2006
Tongue
English
Weight
99 KB
Volume
18
Category
Article
ISSN
0954-1748

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✦ Synopsis


The economic development gap been Africa and the rest of the world has widened in the past four decades with no reversal of this trend in sight. Africa has responded to its underdevelopment with the New Partnership for African Development (NEPAD) which seeks to deal with the continent's relative lack of economic progress as a collective by addressing the sources of its poor economic expansion. This paper examines whether NEPAD does indeed address the causes of Africa's underdevelopment and questions the probability of its success. It argues that although NEPAD recognizes and incorporates recent developments in new growth theory, the actual realisation of the vision is going to be awkward because problem areas have been glossed over in the plan.