Economic Development in the Twenty-first Century
ISBN:
978-3-03-010769-7
Auflage:
1st ed. 2019
Verlag:
Springer International Publishing
Land des Verlags:
Schweiz
Erscheinungsdatum:
08.05.2019
Reihe:
Palgrave Studies in Economic History
Format:
Hardcover
Seitenanzahl:
412
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This book uses lessons from history to help African countries take charge of their own economic development agenda. History is an important part of Africa’s economic development narrative, and Ocran investigates how the development outcomes between Africa and Western Europe became so divergent when in the early medieval period average income levels and economic development in the two regions differed only marginally. The sixteenth century marked a turning point, with the emergence of Western European mercantilism and capitalism and their associated exploitation of other countries. In understanding Africa’s economic development, it is crucial to recognise that Africa has not always been poor.
Examining 400 years of enslavement and colonisation, this book takes us to present day Africa and economic issues affecting the continent. With selected case studies from Hong Kong, Taiwan, and Singapore to South Korea and China, Ocran proposes ways to break out of the economic development quandary Africa currently faces.
Schlagwörter
Mercantilism
African economic development
Wealth creation
African economic history
Economic Growth in Sub Saharan Africa
Medieval European economies
Medieval African economies
Post-independence Economic Collapse
Economic Governance in Africa
Low Growth Trap
Commodity Driven Growth
Atlantic Slave Trade
Emaciation of African Economies
R&D in Africa
Primary Commodities
Economic development in the twenty-first century
Biografische Anmerkung
Matthew Kofi Ocran is Professor of Economics and Deputy Dean of Academic Affairs at the Faculty of Economics and Management Sciences, University of the Western Cape, South Africa. His current research interests lie in macroeconomics, development economics, development finance and economic history.
