The G20 Compact with Africa: An Incomplete Initiative

Abstract: A key element of the G20's partnership with Africa is the Compact with Africa (CWA) initiative, the primary aim of which is to support private and infrastructure investment. Draft compacts of five African countries - Côte d'Ivoire, Morocco, Rwanda, Senegal, and Tunisia – may be presented at the G20 Africa Partnership Conference in Berlin. The CWA initiative cannot and should not be seen as a quick fix vis-à-vis the root causes of flight and migration. It might support development in Africa, but alone it will not be decisive. The initiative addresses a key mechanism of economic (under)development, but the coordination problem that explains Africa's low income levels extends well beyond the realm of investment and infrastructure. An investment plan that fails to recognise this is bound to fail. The CWA omits four very important issues. First, it ignores investment in education, which is an essential complement to physical infrastructure and private investment. Second, it fails to dis

Alternative title
Die G20-Initiative "Compact with Africa": ein unvollständiger Ansatz
Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource, 11 S.
Language
Englisch
Notes
Veröffentlichungsversion
nicht begutachtet

Bibliographic citation
GIGA Focus Afrika ; Bd. 2

Classification
Wirtschaft

Event
Veröffentlichung
(where)
Hamburg
(when)
2017
Contributor
GIGA German Institute of Global and Area Studies - Leibniz-Institut für Globale und Regionale Studien, Institut für Afrika-Kunde

URN
urn:nbn:de:0168-ssoar-52094-2
Rights
Open Access; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
14.08.2025, 10:45 AM CEST

Data provider

This object is provided by:
Deutsche Nationalbibliothek. If you have any questions about the object, please contact the data provider.

Associated

  • GIGA German Institute of Global and Area Studies - Leibniz-Institut für Globale und Regionale Studien, Institut für Afrika-Kunde

Time of origin

  • 2017

Other Objects (12)