The role of institutions in the development process of African countries
International Journal of Social Economics
ISSN: 0306-8293
Article publication date: 1 September 2004
Abstract
This paper examines the role of institutions in the development process of African countries. It has been shown that, whereas institutions have played a greater role in the economic development of several East Asian countries, in Africa they are weaker and ineffective because of poor enforcement of the rule of law, corruption, mismanagement, absence of strong civil society and political interference. It is argued that well‐functioning institutions can promote growth and reduce poverty in Africa by providing a conducive environment for implementation and sustainable development programmes. Therefore, African countries should endeavor to establish effective, responsive and democratic institutions that will promote accountable and transparent governance and sustainable socioeconomic development.
Keywords
Citation
Kumssa, A. and Mbeche, I.M. (2004), "The role of institutions in the development process of African countries", International Journal of Social Economics, Vol. 31 No. 9, pp. 840-854. https://doi.org/10.1108/03068290410550638
Publisher
:Emerald Group Publishing Limited
Copyright © 2004, Emerald Group Publishing Limited