African Center for Economic Transformation explained

African Center for Economic Transformation
Abbreviation:ACET
Formation:2008
Type:Think Tank
Location:Accra, Ghana
Leader Title:President
Leader Name:K.Y. Amoako
Website:www.acetforafrica.org

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

ACET economists, researchers, and support staff advise African governments[2] —including Ghana, Liberia, Mozambique, Rwanda, and Sierra Leone—on economic matters. 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

External links

Notes and References

  1. Book: Yasutami Shimomura. Hideo Ohashi. A Study of China's Foreign Aid: An Asian Perspective. 20 November 2013. Palgrave Macmillan. 978-1-137-32377-4. 211–.
  2. Book: LDC IV Monitor. Istanbul Programme of Action for the LDCs (2011–2020): Monitoring Deliverables, Tracking Progress – Analytical Perspectives. 17 October 2014. Commonwealth Secretariat. 978-1-84929-120-0. 204–.
  3. Book: Steve Onyeiwu. Emerging Issues in Contemporary African Economies: Structure, Policy, and Sustainability. 13 May 2015. Palgrave Macmillan. 978-1-137-40081-9. 290–.
  4. http://www.pmnewsnigeria.com/2015/06/16/buhari-needs-chief-innovation-adviser/ "Buhari Needs Chief Innovation Adviser"
  5. Web site: Rodrik. Dani. Africa’s Structural Transformation Challenge. Project Syndicate.
  6. Web site: African Scholars Highlight China’s Role In The Continent’s Taking Off. Coast Week. Christine Lagat. David Musyoka.
  7. Web site: Hewlitt Foundation Grantee Information . https://archive.today/20140831221235/http://www.hewlett.org/node/13274 . dead . 2014-08-31 .
  8. Book: David H. Shinn. Joshua Eisenman. China and Africa: A Century of Engagement. 10 July 2012. University of Pennsylvania Press. 0-8122-0800-5. 142–.
  9. Book: Lindsay Whitfield. Ole Therkildsen. Lars Buur. Anne Mette Kj'r. The Politics of African Industrial Policy: A Comparative Perspective. 2 July 2015. Cambridge University Press. 978-1-107-10531-7. 60–.
  10. Book: Calestous Juma. Professor of the Practice of International Development Director of the Science Technology and Globalization Project Calestous Juma. The New Harvest: Agricultural Innovation in Africa. 1 September 2015. Oxford University Press, Incorporated. 978-0-19-023723-3. 272–.
  11. http://news.peacefmonline.com/pages/news/201505/243369.php "Study Shows How Agriculture Can Contribute To Ghana’s Economic Transformation"
  12. http://citifmonline.com/2015/05/29/acetgates-foundation-recommend-ways-to-boost-ghanas-agric-sector/ "ACET/Gates Foundation recommend ways to boost Ghana’s agric sector"
  13. http://www.ghanaweb.com/GhanaHomePage/business/Mining-Ghana-to-increase-local-content-items-to-18-364880 Mining: Ghana to increase local content items to 18"
  14. http://www.ictsd.org/bridges-news/bridges-africa/news/exclusive-interview-%E2%80%9Cfuture-of-african-trade%E2%80%9D-by-ky-amoako "'China's Second Continent' tells the fascinating yet alarming story of China's economic colonization of Africa"