African Center for Economic Transformation

Last updated
African Center for Economic Transformation
AbbreviationACET
Formation2008
Type Think Tank
Location
  • Accra, Ghana
President
 K.Y. Amoako
Website www.acetforafrica.org

The African Center for Economic Transformation (ACET) is a non-profit Accra-based think tank. [1]

Contents

ACET economists, researchers, and support staff advise African governments [2] —including Ghana, Liberia, Mozambique, Rwanda, and Sierra Leone—on economic matters.[ citation needed ] They produce reports [3] and organizes meetings and conferences [4] and other events to promote development in Africa through economic transformation (as opposed to growth). [5] They advise on increasing FDI inflows, recommend export promotion policies and strategies, and steer education and skills development. [1]

History

ACET was founded in 2008 by K.Y. Amoako, a Ghanaian-born former United Nations Under-Secretary-General and head of the United Nations Economic Commission for Africa. Yaw Ansu became its chief economist. [6] The organization began producing reports and providing advice and statistical information which led to the developing, negotiating, and administering of agreements between governments and petroleum and mineral companies. [7] Shortly thereafter ACET staff published Looking East, an analysis of technology transfer opportunities created by Chinese investment in Africa. [8]

In 2014 ACET produced and published an overall report entitled Growth with Depth: The 2014 African Transformational Report. [9] [10]

In 2015 the organization released the results of a study showing that Ghana's economy can be significantly strengthened through improvements in agriculture. [11] [12] That year its members also organized a conference, Mining Governance in Ghana. [13]

References

  1. 1 2 Yasutami Shimomura; Hideo Ohashi (20 November 2013). A Study of China's Foreign Aid: An Asian Perspective. Palgrave Macmillan. pp. 211–. ISBN   978-1-137-32377-4.
  2. ↑ LDC IV Monitor (17 October 2014). Istanbul Programme of Action for the LDCs (2011–2020): Monitoring Deliverables, Tracking Progress – Analytical Perspectives. Commonwealth Secretariat. pp. 204–. ISBN   978-1-84929-120-0.
  3. ↑ Steve Onyeiwu (13 May 2015). Emerging Issues in Contemporary African Economies: Structure, Policy, and Sustainability. Palgrave Macmillan. pp. 290–. ISBN   978-1-137-40081-9.
  4. ↑ "Buhari Needs Chief Innovation Adviser" PM News.
  5. ↑ Rodrik, Dani. "Africa's Structural Transformation Challenge". Project Syndicate.
  6. ↑ Christine Lagat; David Musyoka. "African Scholars Highlight China's Role In The Continent's Taking Off". Coast Week. Archived from the original on September 27, 2018.
  7. ↑ "Hewlitt Foundation Grantee Information". Archived from the original on 2014-08-31.
  8. ↑ David H. Shinn; Joshua Eisenman (10 July 2012). China and Africa: A Century of Engagement. University of Pennsylvania Press. pp. 142–. ISBN   0-8122-0800-5.
  9. ↑ Lindsay Whitfield; Ole Therkildsen; Lars Buur; Anne Mette Kj'r (2 July 2015). The Politics of African Industrial Policy: A Comparative Perspective. Cambridge University Press. pp. 60–. ISBN   978-1-107-10531-7.
  10. ↑ Calestous Juma; Professor of the Practice of International Development Director of the Science Technology and Globalization Project Calestous Juma (1 September 2015). The New Harvest: Agricultural Innovation in Africa. Oxford University Press, Incorporated. pp. 272–. ISBN   978-0-19-023723-3.
  11. ↑ "Study Shows How Agriculture Can Contribute To Ghana’s Economic Transformation" Archived 2015-08-04 at the Wayback Machine . Peace FM, 29 May 2015.
  12. ↑ "ACET/Gates Foundation recommend ways to boost Ghana’s agric sector". Citi97.3FM. 29 May 2015
  13. ↑ Mining: Ghana to increase local content items to 18". GhanaWeb.
  14. ↑ "'China's Second Continent' tells the fascinating yet alarming story of China's economic colonization of Africa". Christian Science Monitor
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.