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Everyone knows where they were when the first case of Coronavirus in the country was announced but not everyone knows how a virus like Coronavirus reveals so much about the historical, socio-economic and political sacred cows humanity has been breeding for more than a 1000 years and how these have created a free range for the pandemic to graze and unleash mayhem on an unprepared world. This book shatters the easy arrogance of countries with long held beliefs of how their power and economic prowess insulate them from the plagues often associated with the least developed countries in the world. In the run up to the 2020 elections, Americans are waking up to the reality that Democracy is very f...
A report on development economics in action, by a crucial player in Nigeria's recent reforms. Corrupt, mismanaged, and seemingly hopeless: that's how the international community viewed Nigeria in the early 2000s. Then Nigeria implemented a sweeping set of economic and political changes and began to reform the unreformable. This book tells the story of how a dedicated and politically committed team of reformers set out to fix a series of broken institutions, and in the process repositioned Nigeria's economy in ways that helped create a more diversified springboard for steadier long-term growth. The author, Harvard- and MIT-trained economist Ngozi Okonjo-Iweala, currently Nigeria's Coordinatin...
Several years after the Arab Spring began, democracy remains elusive in the Middle East. The Arab Spring that resides in the popular imagination is one in which a wave of mass mobilization swept the broader Middle East, toppled dictators, and cleared the way for democracy. The reality is that few Arab countries have experienced anything of the sort. While Tunisia made progress towards some type of constitutionally entrenched participatory rule, the other countries that overthrew their rulers-Egypt, Yemen, and Libya-remain mired in authoritarianism and instability. Elsewhere in the Arab world uprisings were suppressed, subsided or never materialized. The Arab Spring's modest harvest cries out...
This book introduces readers to the rich and fascinating history of West Africa, stretching all the way back to the stone age, and right up to the modern day. Over the course of twenty seven short and engaging chapters, the book delves into the social, cultural, economic and political history of West Africa, through prehistory, revolutions, ancient empires, thriving trade networks, religious traditions, and then the devastating impact of the Trans-Atlantic slave trade and subsequent colonial rule. The book reflects on the struggle for independence and investigates how politics and economics developed in the post-colonial period. By the end of the book, readers will have a detailed understanding of the fascinating and diverse range of cultures to be found in West Africa, and of how the region relates to the rest of the world. Drawing on decades of teaching and research experience, this book will serve as an excellent textbook for entry-level History and African Studies courses, as well as providing a perfect general introduction to anyone interested in finding out about West Africa.
This study reveals the extent of persistent downward trends in commodity prices on least developed countries (LDCs), small vulnerable states (SVSs) and heavily indebted countries (HIPCs) and proposes a Joint Diversification Scheme exclusively for export diversification schemes in the commoditydependent poor countries. The report also proposes and outlines the establishment of a Joint Diversification Fund, in addition to regular aid flows as a longterm solution.
Studies of African economic development frequently focus on the daunting challenges the continent faces. From recurrent crises to ethnic conflicts and long-standing corruption, a raft of deep-rooted problems has led many to regard the continent as facing many hurdles to raise living standards. Yet Africa has made considerable progress in the past decade, with a GDP growth rate exceeding five percent in some regions. The African Successes series looks at recent improvements in living standards and other measures of development in many African countries with an eye toward identifying what shaped them and the extent to which lessons learned are transferable and can guide policy in other nations and at the international level. The fourth volume in the series, African Successes: Sustainable Growth combines informative case studies with careful empirical analysis to consider the prospects for future African growth.
This book focuses on the adoption of medical technology in the developing world, and the role that can be played by new biomaterials. These authors urge that advanced technology be aligned with the needs of developing and emerging markets, and an alternative definition of technology be embraced. This “new technology” considers natural sources of materials and tools for treatment and is not restricted to the usual traditional computerized or electronic technology. This book explores the difficulties that accompany successful transfer of technologies between disparate settings. The book then leaves the world of traditional technology and focuses on biomaterials, which represent an enormous...
Modernization theory : does economic development cause democratization? / Jose Antonio Cheibub and James Raymond Vreeland -- Dependency theory / James Mahoney and Diana Rodriguez-Franco -- Structuralism / Elliott Green -- Political development / Robert H. Bates -- The Washington Consensus and the new political economy of economic reform / Kevin Morrison -- Penury traps and prosperity tales : why some countries escape poverty while others do not / M. Steven Fish -- Culture, politics and development / Michael Woolcock -- Religion, politics and economic development : synergies and disconnects / Katherine Marshall -- Does inequality harm economic development and democracy? : accounting for missi...
Investigates the use of foreign aid by developing countries and offers solutions for making sure the money goes where it should. Original.