Africas Elusive Quest For Development

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.

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.

‘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.

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

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.

Development in Modern Africa: Past and Present Perspectives contributes to our understanding of Africa’s experiences with the development process. It does so by adopting a historical and contemporary analysis of this experience. The book is set within the context of critiques on development in Africa that have yielded two general categories of analysis: skepticism and pessimism. While not overlooking the shortcomings of development, the themes in the book express an optimistic view of Africa’s development experiences, highlighting elements that can be tapped into to enhance the condition of African populations and their states. By using case studies from precolonial, colonial, and postcolonial Africa, contributors to the volume demonstrate that human instincts to improve material, social and spiritual words are universal. They are not limited to the Western world, which the term and process of development are typically associated with. Before and after contact with the West, Africans have actively created institutions and values that they have actively employed to improve individual and community lives. This innovative spirit has motivated Africans to integrate or experiment with new values and structures, challenges, and solutions to human welfare that resulted from contact with colonialism and the postcolonial global community. The book will be of interest to academics in the fields of history, African studies, and regional studies.

CRUSH-ED is not another whining story about the African experience, even though the titled may lead in that direction. The title is really an acronym for the strategies that Africa (the sub-Saharan region in particular), must adopt if it is not to face extinction in the medium to long term. The book presents pungent, and urgent, analysis of the precarious situation that that region of Africa has found itself; a situation foisted not only by the historical facts of slaver trade and colonialism (as most texts on the subject are wont to aver), but most importantly the failure of the African states themselves to properly interpret their cultures and how those clash with the ones they are trying to adopt and adapt to. CRUSH-ED navigates the tortuous terrain, delivering enough kicks in the belly to all stakeholders; chiefly the Africans themselves, the colonisers, the dominant cultures, the superpowers, the politicians, and not least, the author himself! This book should refresh every reader, especially those that are ready to be objective and face some 'inconvenient truths', about the world... about themselves.

Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.

This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Unevenness and inequalities form a central fact of African economic experiences. This book challenges conventional wisdoms about economic performance and possible policies for economic development in African countries, using the striking variation in economic performance as a starting point. African Economic Development: Evidence, Theory, and Policy highlights not only difference between countries, but also variation within countries. It focuses on issues relating to gender, class, and ethnic identity, such as neo-natal mortality, school dropout, and horticultural and agribusiness exports. Variations in these areas point to opportunities for changing perfomance, reducing reducing inequalities, learning from other policy experiences, and escaping the ties of structure and the legacies of a colonial past. African Economic Development rejects teleological illusions and Eurocentric prejudice, criticizing a range of orthodox and heterodox economists for their cavalier attitude to evidence. Instead, it shows that seeing the contradictions of capitalism for what they are - fundamental and enduring - may help policy officials protect themselves against the misleading idea that development can be expected to be a smooth, linear process, or that it would be if certain impediments were removed. Drawing on decades of research and policy experience, this book combines careful use of available evidence from a range of African countries with economic insights to make the policy case for specific types of public sector investment.