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Most capital markets that have been established in developing economies like Africa have struggled to make progress over two decades down the line. Development of African Capital Markets explores why these markets have remained underdeveloped and discusses a possible development theory that can be used in designing and implementing legal and institutional reforms to reinvigorate capital markets in African and other developing countries. Boniface Chimpango analyses the weaknesses of capital markets in developing countries, and argues that legal and institutional framework for capital markets in developing countries should be tailored to the unique informal rules prevalent in each country rather than being transplanted from developed countries. This book will be of interest to scholars, students and policy makers in the fields of economic development, African Studies, law, development and regulatory policy.
Most capital markets that have been established in developing economies like Africa have struggled to make progress over two decades down the line. Development of African Capital Markets explores why these markets have remained underdeveloped and discusses a possible development theory that can be used in designing and implementing legal and institutional reforms to reinvigorate capital markets in African and other developing countries. Boniface Chimpango analyses the weaknesses of capital markets in developing countries, and argues that legal and institutional framework for capital markets in developing countries should be tailored to the unique informal rules prevalent in each country rather than being transplanted from developed countries. This book will be of interest to scholars, students and policy makers in the fields of economic development, African Studies, law, development and regulatory policy.
In recent years, the Zimbabwe crisis rendered the country and its citizens to be a typical case of ‘failed states’, the world over. Zimbabwean society was and is still confronted with different challenges which include political, economic and social problems. Attempts to overcome these challenges have thrown light on the power that rests within individuals and or groups to change and even revolutionize their localities, communities, states and ultimately the world at large. Through experience, individuals and groups have promoted ideas that have aided in changing mentalities, attitudes and behaviors in societies at different levels. This book brings together contributors from various aca...
This book examines the development of medical sciences in postcolonial Kenya, through the adventures and stories of the controversial Kalenjin scientist Davy Kiprotich Koech. As a collaborative life story project, it privileges African voices and retellings, re-centring the voice of African scientists from the peripheries of storytelling about science, global health research collaborations, national politics, international geopolitical alliances, and medical research. Focusing largely on the development of the Kenya Medical Research Institute (KEMRI) and its collaborations with the US Centers for Disease Control, the Walter Reed Project, Japan’s International Cooperation Agency, the Wellco...
Ubuntu is the African idea of personhood: persons depend on other persons in order to be. This is summarised in the expression: umuntu ngumuntu ngabantu, that is, a person is a person through persons. This edited collection illustrates the power of fictionalised representation in reporting research conducted on Ubuntu in Southern Africa. The chapters insert the concept of Ubuntu within the broad intellectual debate of self and community, to demonstrate its intellectual and philosophical value and theoretical grounding in known practices emanating from the African continent, and indeed how it works to unsettle some of our received notions of the self.
News coverage on Africa is closely connected not only with how Western audiences see the continent, but also with how a wide Western audience builds its opinion on issues that carry consequences for the public's and governments' support and policy towards development aid. The Western media reinforce a picture of a continent that drowns in chaos, is dominated by conflicts, diseases, corruption and failed democratisation. Whose interests lie behind that? How does foreign news on sub-Saharan Africa emerge, which actors are relevant in its making, and on the basis of what interests do these actors shape the coverage that is then presented as 'neutral information' to a broad international audienc...
At least fifty years of projects aimed at the rural poor in Africa have had very little impact. Up to half of the children of these countries are still suffering from stunting and malnutrition. Soil degradation and poor crop yields are ubiquitous. Projects are almost always aimed at helping local people to solve their problems by growing for the market. In some countries, projects link poor villagers into cooperatives to produce a commercial output. In other countries, projects target more competent entrepreneurial villagers. Almost all these projects fail after several years. Even those that are successful make few inroads into the problems. While the slogan 'feeding the farmers first' come...
Demonstrating how political culture facilitates or distorts political preferences and political outcomes, this book explores how the historical development of social conditions and the current social structures shape understandings and constrain individual and collective actions within the Nigerian political system. Political Culture, Change, and Security Policy examines the extent to which specific norms and socialization processes within the political and civic culture abet corruption or the proclivity to engage in corrupt practices and how they help reinforce political attitudes and civic norms that have the potential to undermine the effectiveness of government. It also delineates specif...
This book explores Nigeria’s progress towards achieving the Sustainable Development Goals, presenting key country-specific lessons, as well as providing innovative solutions and practices which are transferrable to other emerging economies. Despite all of Nigeria’s potential, and substantial oil revenues, poverty remains widespread and the country faces many challenges. The contributors to this book provide comparative historical and contemporary analysis of the main challenges for achieving progress in the SDGs, and make recommendations for the most effectives ways of developing, adopting, disseminating and scaling them. Starting with the conceptualisation and evolution of the SDGs, the...
Based on interrogation and review of historical and current cultural and indigenous knowledge combined with extensive curriculum and classroom analysis, this book identifies how indigenous science gender roles may be utilized to provide a more gender balanced and indigenous centered learning experience. The book argues for the integration of African indigenous science into the secondary school curriculum as a way to strengthen students’ science comprehension by affirming their society’s science contributions, making clear connections between Indigenous and Western science, and also as a way to promote female representation in the sciences. This book will be of interest to scholars and practitioners of science education, African education, and indigenous knowledge.