Debates on Sub-Saharan Africa’s development path and prospects often focus on two questions. Looking back, why have countries not experienced the structural transformation towards labor-intensive manufactures that has played such an important a role in the rapid development of Asian countries? And, ...
In Africa, as in much of the developing world, “informality” has become the dread of policymakers who are constantly told by international development agencies and consultants to “formalise” their economies.