Institutions And Development In Africa
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| Author | : Augustin K. Fosu |
| Publisher | : Routledge |
| Total Pages | : 393 |
| Release | : 2015-03-24 |
| Genre | : Business & Economics |
| ISBN | : 1317596811 |
Recent years have seen a sustained research effort exploring the African development experience. The extant literature has offered a large set of explanations as to why the African development record has lagged behind that of other regions of the developing world. This new volume brings international contributors together to focus on the role of growth and institutions. First, it provides brief evidence on the growth and institutional records, as well as on development outcomes, during the post-independence period. Second, it targets certain growth determinants, including industrial embeddedness, innovation, exchange rate regimes, and environmental quality. Third, it sheds light on the dynamics and distribution of growth, and on growth-enhancing sectors of the economy. Finally, it investigates several issues of institutional development, as well as institutions generating development outcomes. Though focused on these two key areas, the coverage strives to achieve a comprehensive analysis of how Africa’s development may have been enhanced or undermined and to offer lessons for the future. This volume is essential reading for all scholars of development economics and development studies.
| Author | : Franklin Obeng-Odoom |
| Publisher | : Cambridge University Press |
| Total Pages | : 379 |
| Release | : 2020-03-26 |
| Genre | : Business & Economics |
| ISBN | : 1108491995 |
Explores and challenges existing conventions of inequality in Africa while offering new insights to explain persistent poverty across the continent.
| Author | : John Mukum Mbaku |
| Publisher | : Africa World Press |
| Total Pages | : 360 |
| Release | : 2004 |
| Genre | : Africa |
| ISBN | : 9781592212071 |
A significant contribution to the debate on poverty alleviation in Africa, Professor Mbaku offers practical policies for economic growth. He argues that the most important contributor to poverty and deprivation in Africa is the absense of institutional structures that enhance indigenous entrepreneurship and wealth creation. He explains that these are so vital that living standards will continue to deteriorate unless these building blocks are put in place.
| Author | : Sebastian Edwards |
| Publisher | : University of Chicago Press |
| Total Pages | : 454 |
| Release | : 2016-09-23 |
| Genre | : Business & Economics |
| ISBN | : 022631636X |
Studies of African economic development frequently focus on the daunting challenges the continent faces. From recurrent crises to ethnic conflicts and long-standing corruption, a raft of deep-rooted problems has led many to regard the continent as facing many hurdles to raise living standards. Yet Africa has made considerable progress in the past decade, with a GDP growth rate exceeding five percent in some regions. The African Successes series looks at recent improvements in living standards and other measures of development in many African countries with an eye toward identifying what shaped them and the extent to which lessons learned are transferable and can guide policy in other nations and at the international level. The first volume in the series, African Successes: Governments and Institutions considers the role governments and institutions have played in recent developments and identifies the factors that enable economists to predict the way institutions will function.
| Author | : Ali A. Mazrui |
| Publisher | : Rowman & Littlefield |
| Total Pages | : 198 |
| Release | : 2015-11-12 |
| Genre | : Political Science |
| ISBN | : 1442239549 |
Every political system, either developed or adopted, has an impact on the structure of society and the level of development. This book analyzes the evolution and nature of political institutions and their effect on Africa’s development. The challenges Africa face in developing viable institutions are not limited to the adoption of foreign institutions, but are also rooted in domestic norms that define society itself. Sometimes, these challenges have to do with the incompatibility between foreign and domestic institutions. The fundamental issue then is to understand the African societies, cultures, and other dynamics that have ensured stability in the past and that need to be recognized when adopting contemporary foreign institutions. This comprehensive text examines three key issue areas in Africa: politics, society, and economy. It demonstrates how the lack of consideration for domestic norms and societal realities explain the weaker institutions and lack of development on the African continent. The chapters examine critical issues such as gender, ethnicity and constitution development, legitimacy and the state, the correlation between abundant resources and instability, the dilemmas of political dynasties, international economic regimes and Africa’s economy, and more. Featuring many case studies, including Kenya, South Africa, Senegal, Ghana, Nigeria, Tanzania, Morocco, Togo, DRC, Ethiopia, Rwanda, the book provides some explanation of underdevelopment in Africa, linking the historical and colonial realities that hinder democratic consolidation to contemporary African politics, society and economy.
| Author | : Samuel Ojo Oloruntoba |
| Publisher | : Springer |
| Total Pages | : 335 |
| Release | : 2018-07-26 |
| Genre | : Political Science |
| ISBN | : 3319921800 |
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 | : Jean-Philippe Platteau |
| Publisher | : Routledge |
| Total Pages | : 409 |
| Release | : 2015-12-08 |
| Genre | : Business & Economics |
| ISBN | : 1136600450 |
In order for economic specialization to develop, it is important that well-defined property rights are established and that suspicion and fear of fraud do not pervade transactions. Such conditions cannot be created ex abrubto, but must somehow evolve. What needs to develop is not only suitable practices and rules themselves, but also the public agencies and moral environment without which generalized trust is difficult to establish. The cultural endowment of societies as they have developed over their particular histories is bound to play a major role in this regard, and the matter of cultual endowment is one of the central themes of this book. On the other hand, division of labour does not only require well-enforced property rights and trust in economic dealings. It is also critically conditioned by the thickness of economic space, itself dependent on population density. This provides the second major theme of the volume: market development, including the development of private property rights is not possible, or will remain very incomplete, if populations are thinly spread over large areas of land. The book makes special reference to sub-Saharan Africa.
| Author | : Pundy Pillay |
| Publisher | : African Books Collective |
| Total Pages | : 120 |
| Release | : 2010 |
| Genre | : Education |
| ISBN | : 1920355448 |
Finland, South Korea and the state of North Carolina in the United States are three systems that successfully have harnessed higher education in their economic development initiatives. Common to the success of all these systems is, amongst others, the link between economic and education planning, quality public schooling, high tertiary participation rates with institutional differentiation, labour market demand, cooperation and networks, and consensus about the importance of higher education for development. Linking higher education and economic development: Implications for Africa from three successful systems draws together evidence on the three systems, synthesises the key findings, and distils the implications for African countries. The project on which the book is based forms part of a larger study on Universities and Economic Development in Africa, undertaken by the Higher Education Research and Advocacy Network in Africa (HERANA). HERANA is co-ordinated by the Centre for Higher Education Transformation in South Africa.
| Author | : Augustin K. Fosu |
| Publisher | : Routledge |
| Total Pages | : 399 |
| Release | : 2015-03-24 |
| Genre | : Business & Economics |
| ISBN | : 131759682X |
Recent years have seen a sustained research effort exploring the African development experience. The extant literature has offered a large set of explanations as to why the African development record has lagged behind that of other regions of the developing world. This new volume brings international contributors together to focus on the role of growth and institutions. First, it provides brief evidence on the growth and institutional records, as well as on development outcomes, during the post-independence period. Second, it targets certain growth determinants, including industrial embeddedness, innovation, exchange rate regimes, and environmental quality. Third, it sheds light on the dynamics and distribution of growth, and on growth-enhancing sectors of the economy. Finally, it investigates several issues of institutional development, as well as institutions generating development outcomes. Though focused on these two key areas, the coverage strives to achieve a comprehensive analysis of how Africa’s development may have been enhanced or undermined and to offer lessons for the future. This volume is essential reading for all scholars of development economics and development studies.
| Author | : Mawere, Munyaradzi |
| Publisher | : Langaa RPCIG |
| Total Pages | : 422 |
| Release | : 2015-10-24 |
| Genre | : Social Science |
| ISBN | : 9956763004 |
Questions surrounding democracy, governance, and development especially in the view of Africa have provoked acrimonious debates in the past few years. It remains a perennial question why some decades after political independence in Africa the continent continues experiencing bad governance, lagging behind socioeconomically, and its democracy questionable. We admit that a plethora of theories and reasons, including iniquitous and malicious ones, have been conjured in an attempt to explain and answer the questions as to why Africa seems to be lagging behind other continents in issues pertaining to good governance, democracy and socio-economic development. Yet, none of the theories and reasons proffered so far seems to have provided enduring solutions to Africa’s diverse complex problems and predicaments. This book dissects and critically examines the matrix of Africa’s multifaceted problems on governance, democracy and development in an attempt to proffer enduring solutions to the continent’s long-standing political and socio-economic dilemmas and setbacks.
