This report from the African Center for Economic Transformation presents the state of economic transformation in Sub-Saharan Africa, lessons learned from African countries and selected comparators from Asia and Latin America. IT also discusses how this transformation can be sustained for the long run.
The report is the result of a three-year research program of country, sector and thematic studies to offer analyses and lessons that can be tailored to each country's endowments, constraints and opportunities. IT was developed in collaboration with think tanks from 15 African countries.
The key feature of the report is ACET's new African Transformation Index that assesses the performance of countries on five attributes of transformation:
• diversification
• export competitiveness
• productivity
• technological upgrading
• human well-being
These are then aggregated into one overall index designed for policy-makers, business people and the media to track how African economies are transforming and how they stand comparatively to their peers. The top five ranking countries are:
• Mauritius
• South Africa
• Cote D'Ivoire
• Senegal
• Uganda
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