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Infrastructure in AfricaLessons for Future Development$
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Mthuli Ncube and Charles Leyeka Lufumpa

Print publication date: 2017

Print ISBN-13: 9781447326632

Published to Policy Press Scholarship Online: September 2017

DOI: 10.1332/policypress/9781447326632.001.0001

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Comparative analysis of costs of some selected infrastructure components across Africa

Comparative analysis of costs of some selected infrastructure components across Africa

Chapter:
(p.569) Thirteen Comparative analysis of costs of some selected infrastructure components across Africa
Source:
Infrastructure in Africa
Author(s):

Oliver Chinganya

Abdoulaye Adam

Marc Kouakou

Publisher:
Policy Press
DOI:10.1332/policypress/9781447326632.003.0014

The economic growth and development of a country depend on a solid infrastructure and the robustness of systems that have been put in place. Together, these constitute a nation’s “engine of growth” and include housing, water, electricity, transportation, communication, and construction. It is postulated that the cost of doing business in Africa is much higher than in other regions, largely because of the poor quality of its infrastructure and to accessibility constraints. The distribution of price levels of these economic drivers, which contribute to the cost of doing business in Africa. Price level indices (PLIs) have been calculated to provide a comparison of the cost of selected infrastructure components across African countries. The data were collected from the 2005 round of the International Comparison Program (ICP) in Africa, covering 48 out of a total of 52 countries and 22 major aggregates of the national accounts.

Keywords:   economic growth, price level, International Comparison Program, ICP, national accounts, Africa

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