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Botswana – A Modern Economic History
Together with Mauritius, Botswana is often categorized as one of two growth miracles in sub-Saharan Africa. Due to its spectacular long-run economic performance and impressive social development, it has been termed both an economic success story and a developmental state. While there is uniqueness in the Botswana experience, several aspects of the country’s opportunities and challenges are of a more general nature. Throughout its history, Botswana has been both blessed and hindered by its natural resource abundance and dependency, which have influenced growth periods, opportunities for economic diversification, strategies for sustainable economic and social development, and the distributio...
The Rise of Regions
This timely book presents fresh, forward-looking analyses of key regions across the globe, organized around power transition theory. Tracking political and economic trajectories broadly, the contributors use cutting-edge data to forecast general trends in regional politics, economics, and diplomacy. Their collective insights into the likely directions of regional dynamics within a changing global order comprise an invaluable guidebook for forward-thinking readers considering where the world is headed in the coming decades and the implications for strategy, politics, and policy.
Elgar Encyclopedia of Corruption and Society
Delving into the phenomenology of corruption and its impacts on the governance of societies, this cutting edge Encyclopedia considers what makes corruption such a resilient, complex, and global priority for study. This title contains one or more Open Access entries.
Taking Stock of Shock
Introduction: Transition from communism - qualified success or utter catastrophe? -- The plan for a J-curve transition -- Plan meets reality -- Modifying the framework -- Counter-narratives of catastrophe -- Where have all the people gone? -- The mortality crisis -- Collapse in fertility -- Outmigration crisis -- Disappointment with transition -- Public opinion of winners and losers -- Evaluations shift over time -- Towards a new social contract? -- Portraits of desperation -- Resistance is futile -- Return to the past -- The patriotism of despair -- Conclusion: Towards an inclusive prosperity.
Transitioning to Reduced Inequalities
The world has never been richer than today. The distribution of our global wealth, however, is hugely biased. Since 1980, the gains were mainly captured by the rich: The top 1% obtained twice as much of the income growth as compared to the bottom 50%. Nevertheless, within economics, debates about inequality have remained rather marginal, despite long-term research by renowned scholars such as Tony Atkinson. Within the public arena, concerns about inequality emerged as a result of a number of developments: First, the global financial crisis in 2008 exposed the risks of the financing of the economy; secondly, 2013, Thomas Picketty’s book “Capital in the 21st century” demonstrated that, a...
Measuring Historical Inequality in Africa: what Can We Learn from Social Tables?
Limited knowledge of African inequality trajectories hampers our understanding of the drivers of heterogeneous inequality outcomes in Africa today, and leads to a major omission in debates about global inequality. In recent years, African economic history has advanced towards the reconstruction of full income distributions of African economies using 'social tables'. In this paper, we take stock of the social table literature covering the cases of Botswana, Ghana, Ivory Coast, Kenya, Senegal, and Uganda, 1910s to 1960s. Our contribution is twofold. First, we investigate commensurability and pursue methodological harmonisation. Second, we propose a new analytical framework to study income ineq...
The Economic History of Colonialism
Debates about the origins and effects of European rule in the non-European world have animated the field of economic history since the 1850s. This pioneering text provides a concise and accessible resource that introduces key readings, builds connections between ideas and helps students to develop informed views of colonialism as a force in shaping the modern world. With special reference to European colonialism of the nineteenth and twentieth centuries in both Asia and Africa, this book: • critically reviews the literature on colonialism and economic growth; • covers a range of different methods of analysis; • offers a comparative approach, as opposed to a collection of regional histories, deftly weaving together different themes. With debates around globalization, migration, global finance and environmental change intensifying, this authoritative account of the relationship between colonialism and economic development makes an invaluable contribution to several distinct literatures in economic history.
The unity of the capitalist economy and state
In The unity of the capitalist economy and state, Geert Reuten offers a systematic exposition of the capitalist system, showing that the capitalist economy and the capitalist state constitute a unity. In its critique of contemporary economics, the book argues that in order to comprehend the capitalist system, one requires a full synthetic exposition of the economic and state institutions and processes necessary for its continued existence. A synthetic approach also reveals a range of components that are often obscured by partial analyses. In its systematic character, Reuten’s work takes inspiration from Marx’s provisional outline of the capitalist system in Capital, while also addressing fields that Marx left unfinished – such as the capitalist state.
Beyond Climate Breakdown
The importance of telling new climate stories—stories that center the persistence of life itself, that embrace comedy and radical hope. “How dare you?” asked teenage climate activist Greta Thunberg at the United Nations in 2019. How dare the world’s leaders fiddle around the edges when the world is on fire? Why is society unable to grasp the enormity of climate change? In Beyond Climate Breakdown, Peter Friederici writes that the answer must come in the form of a story, and that our miscomprehension of the climate crisis comes about because we have been telling the wrong stories. These stories are pervasive; they come from long narrative traditions, sanctioned by capitalism, Hollywoo...
