In a rapidly globalising world, and with Africa growing at approximately five per cent a year, what lessons can be learned to enable Africa to take advantage of the opportunities offered by international trade and access to international markets? How will the continent seize the moment so that recent economic gains give way to even higher rates in the future? This conference report discusses globalization and economic development in Africa and other developing countries. It identifies best practices for emerging economies engaging with globalization and examines the nexus between politics and economics in identifying and codifying lessons from high growth. The report pinpoints the relevant macro- and microeconomic steps necessary for higher rates of economic growth in countries that have undergone significant political change and have dealt with acute sociopolitical challenges.