Remarks by K. Y. Amoako at the Second Asian Development Forum

Remarks by K. Y. Amoako at the Second Asian Development Forum

Ladies and Gentlemen,

Good Morning,

Let me first thank the organizers of the Second Asian Development Forum and the people of Japan, for their warm welcome and kind hospitality. Equally, let me say a special word of encouragement to the people of Japan for their fortitude during such a challenging year.

On behalf of the African Center for Economic Transformation, I thank you for this invitation to offer our modest contribution to this collective project of sharing the Asian experiences of economic transformation and the role of Official Development Assistance (ODA).

Ladies and gentlemen,

Three years ago, I established the African Center for Economic Transformation based in Accra, Ghana to champion growth and structural transformation in Africa. This was done against the backdrop that, for African nations to transform, we needed to put back at the center of policy debate and action in Africa, the twin issues of sustained growth and structural transformation.

Entrenched in this debate is how African countries can learn from our brothers in Asia who have admirably achieved impressive economic growth and transformation from the 1960’s when the levels of development in our two regions were more or less at par.

For many years, African policy makers and leaders have sought to draw lessons of experience from Asia’s success in economic transformation. We at the African Center for Economic Transformation recently convened a forum in Bellagio, Italy and Africa’s growth and transformation and the issue of sharing successful experiences from Asia was paramount on our agenda.

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