Africa’s Elusive Quest for Development

Africa’s Elusive Quest for Development
Title Africa’s Elusive Quest for Development PDF eBook
Author M. Houngnikpo
Publisher Springer
Pages 262
Release 2006-02-18
Genre Social Science
ISBN 1403977259

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Matt Houngnikpo examines how domestic conflict, economic stagnation, political instability, poverty and underdevelopment have plagued Africa for decades. He argues that a reversal of the political, economic and social plight of Africa lies in better policies, good governance, and, more importantly, a new type of African leader and citizen.

The Role of Good Governance in Africa's Elusive Quest for Development

The Role of Good Governance in Africa's Elusive Quest for Development
Title The Role of Good Governance in Africa's Elusive Quest for Development PDF eBook
Author Damian Chukwudi Ukwandu
Publisher
Pages 626
Release 2014
Genre Africa
ISBN

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The Elusive Quest for Growth

The Elusive Quest for Growth
Title The Elusive Quest for Growth PDF eBook
Author William R. Easterly
Publisher MIT Press
Pages 443
Release 2002-08-02
Genre Business & Economics
ISBN 0262260654

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Why economists' attempts to help poorer countries improve their economic well-being have failed. Since the end of World War II, economists have tried to figure out how poor countries in the tropics could attain standards of living approaching those of countries in Europe and North America. Attempted remedies have included providing foreign aid, investing in machines, fostering education, controlling population growth, and making aid loans as well as forgiving those loans on condition of reforms. None of these solutions has delivered as promised. The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work. In this book Easterly shows how these solutions all violate the basic principle of economics, that people—private individuals and businesses, government officials, even aid donors—respond to incentives. Easterly first discusses the importance of growth. He then analyzes the development solutions that have failed. Finally, he suggests alternative approaches to the problem. Written in an accessible, at times irreverent, style, Easterly's book combines modern growth theory with anecdotes from his fieldwork for the World Bank.

Africa

Africa
Title Africa PDF eBook
Author Assistant Professor Morten Jerven
Publisher Zed Books Ltd.
Pages 167
Release 2015-06-11
Genre Business & Economics
ISBN 1783601353

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‘A valuable corrective to the fraying narrative of [African] failure.’ Foreign Affairs Not so long ago, Africa was being described as the hopeless continent. Recently, though, talk has turned to Africa rising, with enthusiastic voices exclaiming the potential for economic growth across many of its countries. What, then, is the truth behind Africa’s growth, or lack of it? In this provocative book, Morten Jerven fundamentally reframes the debate, challenging mainstream accounts of African economic history. Whilst for the past two decades experts have focused on explaining why there has been a ‘chronic failure of growth’ in Africa, Jerven shows that most African economies have been growing at a rapid pace since the mid nineties. In addition, African economies grew rapidly in the fifties, the sixties, and even into the seventies. Thus, African states were dismissed as incapable of development based largely on observations made during the 1980s and early 1990s. The result has been misguided analysis, and few practical lessons learned. This is an essential account of the real impact economic growth has had on Africa, and what it means for the continent’s future.

Africa's Turn?

Africa's Turn?
Title Africa's Turn? PDF eBook
Author Edward Miguel
Publisher MIT Press
Pages 62
Release 2009-03-13
Genre History
ISBN 0262260999

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Signs of hope in sub-Saharan Africa: modest but steady economic growth and the spread of democracy. By the end of the twentieth century, sub-Saharan Africa had experienced twenty-five years of economic and political disaster. While “economic miracles” in China and India raised hundreds of millions from extreme poverty, Africa seemed to have been overtaken by violent conflict and mass destitution, and ranked lowest in the world in just about every economic and social indicator. Working in Busia, a small Kenyan border town, economist Edward Miguel began to notice something different starting in 1997: modest but steady economic progress, with new construction projects, flower markets, shops, and ubiquitous cell phones. In Africa's Turn? Miguel tracks a decade of comparably hopeful economic trends throughout sub-Saharan Africa and suggests that we may be seeing a turnaround. He bases his hopes on a range of recent changes: democracy is finally taking root in many countries; China's successes have fueled large-scale investment in Africa; and rising commodity prices have helped as well. Miguel warns, though, that the growth is fragile. Violence and climate change could derail it quickly, and he argues for specific international assistance when drought and civil strife loom. Responding to Miguel, nine experts gauge his optimism. Some question the progress of democracy in Africa or are more skeptical about China's constructive impact, while others think that Miguel has underestimated the threats represented by climate change and population growth. But most agree that something new is happening, and that policy innovations in health, education, agriculture, and government accountability are the key to Africa's future. Contributors Olu Ajakaiye, Ken Banks, Robert Bates, Paul Collier, Rachel Glennerster, Rosamond Naylor, Smita Singh, David N. Weil, and Jeremy M. Weinstein

Poor Numbers

Poor Numbers
Title Poor Numbers PDF eBook
Author Morten Jerven
Publisher Cornell University Press
Pages 208
Release 2013-02-01
Genre Political Science
ISBN 0801467616

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One of the most urgent challenges in African economic development is to devise a strategy for improving statistical capacity. Reliable statistics, including estimates of economic growth rates and per-capita income, are basic to the operation of governments in developing countries and vital to nongovernmental organizations and other entities that provide financial aid to them. Rich countries and international financial institutions such as the World Bank allocate their development resources on the basis of such data. The paucity of accurate statistics is not merely a technical problem; it has a massive impact on the welfare of citizens in developing countries. Where do these statistics originate? How accurate are they? Poor Numbers is the first analysis of the production and use of African economic development statistics. Morten Jerven's research shows how the statistical capacities of sub-Saharan African economies have fallen into disarray. The numbers substantially misstate the actual state of affairs. As a result, scarce resources are misapplied. Development policy does not deliver the benefits expected. Policymakers' attempts to improve the lot of the citizenry are frustrated. Donors have no accurate sense of the impact of the aid they supply. Jerven's findings from sub-Saharan Africa have far-reaching implications for aid and development policy. As Jerven notes, the current catchphrase in the development community is "evidence-based policy," and scholars are applying increasingly sophisticated econometric methods-but no statistical techniques can substitute for partial and unreliable data.

The Development of Africa

The Development of Africa
Title The Development of Africa PDF eBook
Author Olayinka Akanle
Publisher Springer
Pages 420
Release 2017-10-25
Genre Social Science
ISBN 3319662422

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This volume analyses many of the real development challenges confronting the African continent, presenting fresh and current objective examinations, narratives, interpretations and pathways to the continent’s development. It interrogates and answers established, critical, current and pragmatic problems confronting Africa today, and provides workable pathways out of the development problems, so that scholarship, policy and practice will be positively impacted. This volume adds great depth and extended breadth to the knowledge base on development of Africa. It provides excellent resources for academics, scholars, student, policy makers and all those interested in issues affecting Africa’s development.