"Combines studies of the global organization of key industries with regional and national studies Goes beyond conventional and narrow econometric studies to present an insightful picture of changes in modern-day Africa Challenges pervading views to offer an optimistic perspective on alternative growth opportunities for Africa. By 2030 more than three quarters of the world's absolute poor are projected to live in Africa. Accelerating economic growth is key to rising incomes on the continent, and central to this challenge is establishing activities that are capable of employing large numbers of unskilled workers, that can raise productivity through innovation, and that can power growth through exports. Such structural transformation is a key driver of growth, and between 1950-1996 about half of the economic catch-up by developing countries (led by East Asia) was due to rising productivity in manufacturing combined with growing agricultural output. Africa, however, has lagged behind." -- Publisher.