MODERNIZING AGRICULTURE SHOULD BE THE GROWTH MODEL FOR AFRICA - OCTOBER 2024

THE IMPORTANCE OF GROWTH MODELS: LESSONS FROM THE 1950S TO 1970S Developing countries must find ways to mobilize resources, both domestic and international, to increase capital and labor inputs to increase production of goods and services in the development of their economies. [...] It is clear that Africa can examine and learn from the experiences of the Asian Tigers, and more recently, China and India, to adopt policies designed to develop its manufacturing and service industries, and especially to promote niche manufacturing sectors such as automobile in Morocco, diesel fuel and automotive in South Africa, and car and aircraft engine components and parts in Tunisia. [...] Importantly, the data presented above should also be seen in the context of the fact that the informal economy—reflecting unregistered businesses and the unreported activities of informal workers—accounts for 83% of employment in Africa. [...] ABOUT THE POLICY CENTER FOR THE NEW SOUTH The Policy Center for the New South (PCNS) is a Moroccan think tank aiming to contribute to the improvement of economic and social public policies that challenge Morocco and the rest of Africa as integral parts of the global South. [...] Through its analytical endeavours, the think tank aims to support the development of public policies in Africa and to give the floor to experts from the South.