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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.
This book explores the intricate activities and systems that underpin international trade and development in Africa. The relationship between trade and economic performance is analysed, with a particular emphasis on financial development, trade liberalization, and the welfare implications of FTA. A critical reflection of international trade and development in Africa is provided that highlights how institutions that govern the international trade system, largely found in the Global North, have enabled developed countries to benefit most from African trade. Emerging issues, such as FDI, the COVID-19 pandemic, the gendered nature of trade, remittances, and digital trade, are also discussed. This book aims to examine how Africa can play a more active role international trade and how the trade systems can be altered to help drive economic growth and development in Africa. It will be relevant to students and researchers interested in development and African economics.
The Complex Interplay between Power, Politics, and African Agency: The Philosophy of Toyin Falola by Serges Djoyou Kamga examines the impact of colonialism by using Toyin Falola’s philosophy as a framework. It delves into the evolution of African political culture under colonial rule. This book offers a unique perspective on the intricate dynamics of African society, providing a deeper understanding of how power and politics have shaped African culture. Kamga emphasizes the complex interplay between these elements and highlights the significance of African voices in determining their own destiny. Using Falola’s works, this book analyzes and critiques the influence of Europe and establishes the ongoing unequal relationship between ex-colonized African countries and their imperialist colonizers. This book is highly recommended for scholars of African studies, political science, and anyone interested in African history and culture.
This book evaluates the characteristics and developments in Africa’s financial systems, including monetary policy, structured finance, sustainable finance and banking, FinTech, RegTech, SupTech, inclusive finance, the role of regulation in dealing with banking crises, the impact of the COVID-19 pandemic on Africa’s financial systems and how to reform the post-COVID-19 financial systems. It is made up of contributions from scholars in finance and economics as well as financial market practitioners. Banking and the financial markets play a significant role in the growth of various economies. Although a number of handbooks on banking and finance exist, they mainly focus on Europe, America a...
This book presents a broad range of empirical research papers covering key issues in development finance. Despite having gained significant momentum in Africa and other emerging economies, textbooks and research publications on development finance are still very limited. This book shines a light on the main focal areas of the international ‘finance for development’ agenda and outlines innovative approaches to enhance economic growth and development finance to contribute towards realizing global sustainable development goals. Chapters from expert contributors cover topics such as domestic resource mobilization, debt relief, microfinance, financial sustainability, tax buoyancy, Foreign Direct Investment, foreign capital flows, and labour productivity. This book serves as a valuable reference tool for researchers, students and practitioners in this field.
Contemporary Issues in Development Finance provides comprehensive and up-to-date coverage of theoretical and policy issues in development finance from both the domestic and the external finance perspectives and emphasizes addressing the gaps in financial markets. The chapters cover topical issues such as microfinance, private sector financing, aid, FDI, remittances, sovereign wealth, trade finance, and the sectoral financing of agricultural and infrastructural projects. Readers will acquire both breadth and depth of knowledge in critical and contemporary issues in development finance from a philosophical and yet pragmatic development impact approach. The text ensures this by carefully integr...
"Given the common acknowledgement that strategy implementation is the greatest challenge to managers in the 21st century and the greatest reason for strategy failure we decided to focus on strategy implementation. Rather than promoting the unrealistic idea of strategy as a purely rational and deliberate outcome, this book acknowledges and explores the idea that strategy is often emergent, messy and experimental and features a number of new chapters, focusing on strategy implementation and change management, resource allocation and responsible leadership. It also includes a more detailed coverage of managing strategic risk."--Publisher's description.
This book takes a fresh look at marketing and covers relevant and topical issues in the marketing world. This book not only covers the fundamental marketing issues but also focuses on emerging issues such as leadership in marketing, marketing metrics and the contribution to ROI, customer value and retention as prime strategies and marketing in developing countries. The book has been developed for South African students with a South African frame of reference. The well-designed text with ample examples and case studies will enable the students to understand and identify with this book.