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Author: Joseph S. Fomunung Publisher: Spears Media Press ISBN: 1942876262 Category : Political Science Languages : en Pages : 118
Book Description
Africa's Path to Economic Development is an uncommon book that sheds light on the perennial woes of nearly all countries that make up the African continent. Uncommon because unlike many other books that have been published on the challenges faced by Africa for the last sixty years, this book focuses on the political systems and governance processes that have characterized African countries. It deliberately calls out current African leaders to introspectively look themselves and answer the question whether their policies have fostered economic development, human wellbeing and the pursuit of happiness of their fellow citizens or the contrary. This book is approached from the political economic perspective because unless one understands the interplay between political decision-making and economic processes and how such interplay determines government institutions and ideology, it would be difficult recommending possible solutions to the economic doldrums that have continued to beset African countries to this day. While the book largely lays the blame on the leadership styles and ideologies, it nevertheless brings out the role of the international system of supranational institutions that came into existence after World War II, and how these international institutions have contributed in no small measure to some of the economic distress and frustrations that have been the hallmarks of many an African country. Economic stagnation with its attendant misery have been responsible for many intranational and sometimes fratricidal conflicts and wars in quite a handful of countries on that continent. The draconian prescriptions by some Bretton Woods institutions have not helped when conditionality hasn't been met. The unfortunate case of the Democratic Republic of Congo, the richest piece of real estate on planet earth with its strategic natural resources coveted by almost the entire world and the ancillary scramble by small and big powers is examined. The book ends with a set of recommendations to African leaders and the global community to be more willing to share with fairness.
Author: Joseph S. Fomunung Publisher: Spears Media Press ISBN: 1942876262 Category : Political Science Languages : en Pages : 118
Book Description
Africa's Path to Economic Development is an uncommon book that sheds light on the perennial woes of nearly all countries that make up the African continent. Uncommon because unlike many other books that have been published on the challenges faced by Africa for the last sixty years, this book focuses on the political systems and governance processes that have characterized African countries. It deliberately calls out current African leaders to introspectively look themselves and answer the question whether their policies have fostered economic development, human wellbeing and the pursuit of happiness of their fellow citizens or the contrary. This book is approached from the political economic perspective because unless one understands the interplay between political decision-making and economic processes and how such interplay determines government institutions and ideology, it would be difficult recommending possible solutions to the economic doldrums that have continued to beset African countries to this day. While the book largely lays the blame on the leadership styles and ideologies, it nevertheless brings out the role of the international system of supranational institutions that came into existence after World War II, and how these international institutions have contributed in no small measure to some of the economic distress and frustrations that have been the hallmarks of many an African country. Economic stagnation with its attendant misery have been responsible for many intranational and sometimes fratricidal conflicts and wars in quite a handful of countries on that continent. The draconian prescriptions by some Bretton Woods institutions have not helped when conditionality hasn't been met. The unfortunate case of the Democratic Republic of Congo, the richest piece of real estate on planet earth with its strategic natural resources coveted by almost the entire world and the ancillary scramble by small and big powers is examined. The book ends with a set of recommendations to African leaders and the global community to be more willing to share with fairness.
Author: Godfrey Mwakikagile Publisher: Nova Biomedical Books ISBN: Category : Business & Economics Languages : en Pages : 292
Book Description
"This new book provides analyses of capitalism versus socialism as well as case studies illuminating the latest economic developments in the shift taking place in Africa."--BOOK JACKET.
Author: African Union Commission Publisher: Org. for Economic Cooperation & Development ISBN: 9789264302495 Category : Africa Languages : en Pages : 0
Book Description
This first edition explores the dynamics of growth, jobs, and inequalities. It proposes ten decisive actions to promote sustainable economic and social development and to strengthen institutions in Africa.
Author: Samuel Ojo Oloruntoba Publisher: Springer ISBN: 3319921800 Category : Political Science Languages : en Pages : 335
Book Description
This edited volume discusses the role of innovation and regional integration in economic development in Africa. Over the past five decades, post-colonial African countries have struggled to break loose from the trap of poverty and underdevelopment through the adoption of various development strategies at regional, national, and continental levels. However, the results of both national and regional efforts at advancing development on the continent have been mixed. Although the importance of agglomeration and fusion of institutions have long been recognized as possible path to achieving economic development in Africa, the approach to regionalism has been unduly focused on market integration, while neglecting other dimensions such as social policy, mobility of labor, educational policy, biotechnology, regional legislation, manufacturing, innovation, and science and technology. This volume investigates the link between innovation, regional integration, and development in Africa, arguing that the immediate and long term development of Africa lies not just in the structural transformation of its economies but in the advancement of scientific and innovation capacities. The book is divided into four parts. Part I addresses the theoretical and conceptual underpinnings of innovation and regional integration in Africa. Part II presents case studies which examine how regional economic institutions are fostering innovation in Africa. Part III of the book deals with sectoral issues on innovation and integrated development in Africa. Part IV sets the future research on innovation, regional integration, and development in Africa. Combining theoretical analysis and a comparative, interdisciplinary approach, this volume is appropriate for researchers and students interested in economic development, political economy, African studies, international relations, agricultural science, and geography, as well as policymakers in regional economic communities and the African Union.
Author: Steven Langdon Publisher: Routledge ISBN: 1317427319 Category : Business & Economics Languages : en Pages : 596
Book Description
Sub-Saharan Africa is at a turning point. The barriers to economic growth seen in the 1980-2000 era are disappearing and new optimism is spreading. However, difficult goals of eliminating poverty, achieving equity and overcoming environmental threats continue. This much-needed and insightful textbook has been written to help us understand this combination of emerging improvements and significant challenges. Opening with an analysis of the main theories relating to development in Sub-Saharan Africa, the book explores all the key issues, including: Human development; Rapid urbanization; Structural and gender dimensions; Sustainable development and environmental issues; and Africa’s role in the world economy. The authors use economic tools and concepts throughout, in a way that makes them accessible to students without an economics background. Readers are also aided by a wide range of case studies, on-the-ground examples and statistical information, which provide a detailed analysis of each topic. This text is also accompanied by an e-resource, featuring additional sources for students and instructors. African Economic Development is a clear and comprehensive textbook suitable for courses on African economic development, development economics, African studies and development studies.
Author: Harinder S. Kohli Publisher: Oxford University Press ISBN: 0199091870 Category : Languages : en Pages : 422
Book Description
Africa faces both big opportunities and worrisome threats. The Africa that emerges over the next 40 years—whether it becomes a dynamic continent with a growing influence in the world or an economic backwater that exports its people and capital—depends on what African countries do now. The continent is growing and many socioeconomic indicators are improving, but it is no longer catching up with the rest of the world—it is not converging. This book looks at Africa’s economic performance over the last decade, highlights the difference in performance across countries, and identifies the biggest policy issues that need to be addressed if Africa is to converge with the rest of the world and meet the aspirations of its people. Despite tougher global economic conditions—slower growth, lower commodity prices, and tighter financial markets—one out of four African countries have averaged per capita income growth above three percent for the last decade. The progress of these high performers shows that it is what countries do—the policies of their governments, the responsiveness of their entrepreneurs, the integrity of their institutions, and the political will of their leaders—that makes the difference, not their resource endowments. The challenge is to extend this African best practice to more countries of the continent. This book shows that the consequences of such a “reset” can transform the continent but also that the human cost of not doing so would be staggering.
Author: B. J. Ndulu Publisher: World Bank Publications ISBN: 0821368834 Category : Business & Economics Languages : en Pages : 280
Book Description
Poverty in Africa is largely the outcome of slow growth. With the region hosting 10 percent of the world's population but a staggering 30 percent of the world's poor, the challenges it faces are enormous but NOT insurmountable. The message of this book is clear - poverty-eradicating development in Africa is possible. In fact, there are indications that Africa is at a turning point, and there is growing momentum among front-runner economies in the region toward higher and sustained growth. This study challenges African countries and their development partners to consolidate and continue this momentum and to exploit the advantages of the continent as a latecomer, particularly in innovation and in drawing lessons from successful export-led growth experiences in Asia and Latin America. "Challenges of African Growth" identifies opportunities, constraints, and strategic choices that African countries face in their quest for achieving the growth necessary for poverty alleviation. More important, the study provides a broad menu of stategic options for ensuring not only that countries embark on a growth path, but also that the growth is shared and sustainable. The critical areas for action rest on four pillars: the investment climate; infrastructure; innovation for increasing productivity and competitiveness; and institutional capacity.
Author: Diery Seck Publisher: Springer ISBN: 3319168266 Category : Business & Economics Languages : en Pages : 216
Book Description
The book provides a detailed analysis of the causes of West Africa’s current economic high-growth episode and proposes ways to extend it sustainably. It examines the potential role of regional integration through the establishment of a common currency union and of other policy options that can enhance economic growth. The authors suggest appropriate methods of coordination between macroeconomic policy and industrialization to achieve higher economic growth and also examine why pro-poor strategies have not been successful. The book underscores the challenges and opportunities that will arise from the structural change to the region’s economies resulting from the necessary investment in manufacturing exports, ICT and infrastructure, which are key vehicles for extended growth. Readers will learn how the region can better reach its developmental goals by securing and perpetuating political liberty and transactional freedom for all its citizens.
Author: Joseph S. Fomunung
Author: Joseph S. Fomunung
Author: Richard S. Newfarmer
Author: Ukandi G. Damachi
Author: Godfrey Mwakikagile
Author: African Union Commission
Author: Samuel Ojo Oloruntoba
Author: Steven Langdon
Author: Harinder S. Kohli
Author: B. J. Ndulu
Author: Diery Seck