Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • October 2018
  • Article
  • African Affairs

Africa Rising? A Historical Perspective

By: Ewout Frankema and Marlous van Waijenburg
  • Format:Print
ShareBar

Abstract

Sub-Saharan Africa’s recent economic boom has raised hopes and expectations to lift the regions’ ‘bottom millions’ out of poverty by 2030. How realistic is that goal? We approach this question by comparing the experiences of three front-runners of region-specific development trajectories – Britain’s capital-intensive, Japan’s labour-intensive, and Ghana’s land-extensive growth path, highlighting some historical analogies that are relevant for Africa, but often overlooked in the current ‘Africa rising’ debate. We draw particular attention to Africa’s demographic boom and the possibilities for a quick transition to labour-intensive export-led industrialization. Although our exercise in diachronic comparative history offers little hope for poverty eradication by 2030, we do see broadened opportunities for sustained African economic growth in the longer term.

Keywords

Economic Growth; Economy; Transformation; Poverty; History; Africa

Citation

Frankema, Ewout, and Marlous van Waijenburg. "Africa Rising? A Historical Perspective." African Affairs 117, no. 469 (October 2018): 543–568.
  • Find it at Harvard
  • Read Now

About The Author

Marlous van Waijenburg

Business, Government and the International Economy
→More Publications

More from the Authors

    • 2022
    • Faculty Research

    Fiscal Development under Colonial and Sovereign Rule

    By: Ewout Frankema and Marlous van Waijenburg
    • 2019
    • Faculty Research

    From Coast to Hinterland: Fiscal State Formation in British and French West Africa, c. 1880–1960

    By: Ewout Frankema and Marlous van Waijenburg
    • March 2018
    • Journal of Economic History

    Financing the African Colonial State: The Revenue Imperative and Forced Labor

    By: Marlous van Waijenburg
More from the Authors
  • Fiscal Development under Colonial and Sovereign Rule By: Ewout Frankema and Marlous van Waijenburg
  • From Coast to Hinterland: Fiscal State Formation in British and French West Africa, c. 1880–1960 By: Ewout Frankema and Marlous van Waijenburg
  • Financing the African Colonial State: The Revenue Imperative and Forced Labor By: Marlous van Waijenburg
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College