Despite the growing population and significant natural resources of Sub-Saharan Africa (SSA), economies in that region currently represent only 2% of global GDP. Finished goods are imported to Africa from the US, Europe, China and Japan, while commodities remain the primary export. Addressing this balance must be the primary focus of initiatives to foster economic growth and development across the region in the coming years. However, there is currently a lack of intellectual discourse that incorporates diverse firm-level and institutional-level theories, as well as the stakeholder perspective, to explain the transformation of Sub-Saharan Africa into a production economy. This two-volume edited work brings together scholars of business in Africa and economic transformation to discuss topics including the knowledge economy, inter-regional relations, supply chains, the informal economy, the service sector and more, creating a broad and probing analysis of Africas potential for transformation and strategies to achieve it.
This first volume explores a multidisciplinary perspective on the transformation of SSAs economies to production and export orientation, which entail: facilitating SSAs economic transformation through regional relations; the role of SSAs informal sector on regional relations and economic transformation; and the recommendations for economic transforming in SSA. It will be of interest to scholars of business in Africa, international business, developing economies, business strategy and innovation.
Introduction.
Chapter 1: Economic Transformation in Sub-Saharan Africa
(Volume I): Regional Relations and SSAs Informal Sector Productivity.-
Section One: Informal Sector and Economic Transformation in Sub-Saharan
Africa.
Chapter 2: Informal economy and global value chain participation in
Sub-Saharan Africa: Do technological readiness and institutional quality make
any difference?.
Chapter 3: The Contribution of Small and Medium-Sized
Enterprises (SMEs) Towards Sustainable Development Goals (SDGs) Performance
through the Lens of A Healthy Audit: A Case Of Igbogbo-Baiyeku Local Council
Development Area.
Chapter 4: Online Sales Strategies and Social Media
Promotions in Improving the Competitive Advantages of Small and Medium
Businesses in the Digital Space.
Chapter 5: Unlocking Economic Potential:
Harnessing Technology for Growth in Tanzania's Informal Sector.
Chapter 6:
Energy Poverty and Growth of Informal Sector Businesses in Anambra State.-
Chapter 7: Unravelling the Nexus between the Informal Sector, Financial
Sector and Real Sector in Sub-Saharan African Countries The Moderating Role
of the Informal Sector in the Finance-Growth Relationship .- Section Two:
Regional Relations and the Productive Capability of SSA.
Chapter 8:
Capitalizing on FDI for Knowledge Domestication and Spillovers: A Comparative
Analysis of South Africa, Nigeria, and Egypt in the Pursuit of Sustainable
Development.
Chapter 9: Towards Achieving Decent Employment and Economic
Growth through Intra-Regional Trade in ECOWAS.
Chapter 10: The African
Continental Free Trade Area (AfCFTA) and the Potentials of SSAs Regional
Economic Transformation: Considerations on Strategies and Policies in Support
of SMEs.
Chapter 11: Economics of Agricultural Raw Materials: Problems,
Prospects, and Policies in Nigeria's Fishing Industry.- Conclusion.
Chapter
12: Informal Economy and the Attainment of Sustainable Development across
Sub-Saharan Africas Sub-region.
Ayodotun Stephen Ibidunni is a Senior Lecturer at Chrisland University, Nigeria. His research interests are Strategic Management, Operations Management, and Entrepreneurship in developing economies. He has published widely in international journals, including Technological Forecasting and Social Change, the Journal of Technology Transfer, among others. He has received several local and international awards for his scholarship. He is the Chair of the International Centre for Policy Research and Industry Linkages (ICePRIL).
Evans S. Osabuohien is a Professor of Economics at Covenant University, Nigeria, and the Founding Chair of DePECOS Institutions and Development Research Centre (DIaDeRC). He is the author of five books and over 210 articles. He has consulted for many international agencies such as ACBF, AERC, CODESRIA, IFPRI, J-PAL, UNU-WIDER, UNCTAD, among others. He is a member of many Professional Associations. He is a fellow of the Alexander von Humboldt Foundation (since 2012) and the Swedish Institute (since 2009), among many others. He is also a visiting professor at institutions within and outside Africa.
