Ajakaiye, OluJerome, Afeikhena2013-08-272013-08-272013http://hdl.handle.net/10625/51585This chapter briefly appraises Africa’s development experience, especially since the 1960s when several African States became independent. It reviews the development experience and development policy practice in Africa over time, recognizing that because of the diversity of African countries and their experiences, interpreting Africa’s development experience is no simple endeavor. Accordingly, careful, detailed, and contextually relevant country-level studies should regularly underpin the articulation of further development policies and programs. The appropriate mix of government intervention and market mechanisms will depend on initial conditions of each country and the pace of development over time.Text1 digital file (40 p. : ill.)Application/pdfenSOUTH OF SAHARASTRUCTURAL ADJUSTMENTMILLENNIUM DEVELOPMENT GOALSFOREIGN INVESTMENTECONOMIC GROWTHMINERAL RESOURCESINCLUSIVE GROWTHAID ADMINISTRATIONFINANCIAL POLICYDEVELOPMENT STRATEGYNEOLIBERALISMWORLD BANKIMFMACROECONOMICSPOLICY REFORMPOLITICAL STABILITYMONETARY POLICYBook Chapter