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- W2991925270 abstract "T issue ends my three years as editor of the Journal of African Development. I want to thank AFEA members for their support. It is with great pleasure that I hand the editorship to Edward Kutsoati. Th ere were two major changes during my editorship, 2008-2010. First, with the support of the membership, we changed the journal’s name to refl ect a broadening of the journal from African economics and fi nance to African development. Second, the journal now produces two issues a year rather than one. As Elizabeth Asiedu and Mohamed El-Hodiri point out in this issue, Africa’s economic performance since the late 1970s ”has been abysmal, both in absolute and relative terms.” Indeed the average real GDP for sub-Saharan Africa in constant (2000) US Dollars, based on World Bank data, declined from $590 in 1975-1981 to $565 in 2002-2008. Th is negative growth contrasts with the rapid growth of East Asia and developing countries generally, and the modest growth of South Asia, spurred by India’s rapid growth since the 1991 economic reforms, which enabled that region to surpass the sub-Sahara’s average income recently. One of the few bright spots in the Asiedu-El-Hodiri fi ndings is that the sub-Sahara’s stagnation and regress may have been followed by per-capita growth from the turn of this century to the latest fi gures, 2002-2008. We can hope that this refl ects a turnaround from decline to continuing growth." @default.
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- W2991925270 date "2010-01-01" @default.
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- W2991925270 title "The Transition: Africa's Development and the Journal" @default.
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