This book explores how better governance can help Africa to achieve structural transformation (understood to be the reallocation of factors of production across and within sectors to better support inclusive development), which history has shown to be key to sustained, inclusive growth. The book begins with a review of the existing literature on the links between governance and structural transformation and the success or otherwise of various sub regions in achieving structural transformation. It continues with a range of contributors addressing original empirical research on the relationships between different approaches to institutions and trade and industrial policies and structural transformation in Africa. The book makes recommendations for a new approach to governance in Africa that can deliver the structural transformation that the continent needs for Africans to enjoy shared prosperity, poverty reduction and development.

Dr Adam Elhiraika is Director of the Macroeconomic Policy Division of the United Nations Economic Commission for Africa (ECA). His areas of work include macroeconomic policy, development planning, economic governance and finance. Before joining ECA, he taught economics at several universities and worked for the Islamic Development Bank as a research economist. He has published extensively in internationally refereed journals and books. Dr Gamal Ibrahim is Chief of the Finance and Private Sector Section of the Macroeconomic Policy Division of the United Nations Economic Commission for Africa. Dr. Ibrahim has published widely in books and leading economics Journals. His main field of specialization is institutional economics with a particular emphasis on economic governance, finance for development, illicit financial flows and private sector development William Davis is Economic Affairs Officer with the Macroeconomic Policy Division of the United Nations Economic Commission for Africa.