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Showing posts from November, 2014

The "Open" Secret of African Agricultural Transformation

Over the past three months, I have been in my first semester of Masters training in agricultural and applied economics, and I am yet to optimize the functions of maximizing my blogging passion and maximizing my grades all subject to a time constraint. 

After reading the transcript of a classic interview between the McKinsey Quarterly and Nobel Prize winning economist Robert Solow I thought I should come back to the blogging after a long period of silence and share what I dubbed the "open secret" of African agricultural transformation. You will realize by the end of this blog why I have called it an open secret. But first, let us start with a question:   What really determines the differences in productivity between nations, sectors and firms? Just as background information, Prof Robert Solow is internationally recognized for his contributions to the theory of economic growth and development. In the 1990s he worked with the McKinsey Global Institute  in some sector level stu…