A paper from the Morocco-based Policy Centre for the New South explores which development model Africa should adopt to enhance its economic growth and catch up with industrialized nations. The author suggests that Africa can learn from countries that have recently modernized their economies. But the question remains: which development model would be most appropriate? Should Africa follow the manufacturing-for-export model used by the East Asian Tigers (South Korea, Taiwan, Singapore, and Hong Kong) and China? Or would a service-based model, like India’s – starting with global call centers and expanding to software development and back-office services such as research and development (R&D), accounting, and HR – be more suitable?
Read the article on The Habari Network.
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