In the Economic Cluster Africa Research (Wirtschaftswissenschaftlicher Cluster Afrikaforschung; WCA), economic research on Africa oriented towards the most relevant topics in terms of economic policy is to be developed. The focus will be on enterprises and entrepreneurial potential in African markets, trade and investment policy, and issues of macroeconomic development, stability, and public finance. This research will strengthen evidence-based policy advice on German and European Africa policy and also engage and address African partners.
In Germany, however, economic research on Africa is highly fragmented and is therefore little noted by the relevant stakeholders outside academia. Against this backdrop, the Economic Cluster Africa Research (Wirtschaftswissenschaftlicher Cluster Afrikaforschung; WCA) will bring together important research topics and a critical mass of researchers working on policy-relevant topics. It will establish, in Germany, independent and highly visible economic research on Africa in the medium term, dealing with entrepreneurial potential, trade, and investment policy. It will cover macroeconomic issues, advise policy makers, and involve African partners.
Funded by the German Federal Ministry for Economic Affairs and Energy, the research cluster will be based at the Institute for the World Economy and headed by IfW researcher Professor Rainer Thiele. The project will finance seven doctoral students and three post-doctoral researchers for an initial period of two years.