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This study analyses the factors underlying the renewed dynamism of certain African economies in the 1990s.
To many, oil markets and their linkages to a whole spectrum of events remain something of a mystery. Unfortunately, most of the easily obtained information on oil is deeply flawed. Whole web-conspiracy sites depict ruthless insiders and reckless dictators manipulating energy markets at will. The 30 essays in this volume, written by the leading experts in the field, attempt to set the record straight. While their assessments may lack the sensationalism of many popular pundits, serious readers will find their insights invaluable in the years to come in providing a framework for understanding many of the events of the day. The five sections: Politics of Oil Supply, Political Responses, Regional Dimensions, Country Case Studies and Key Issues for the Future give a comprehensive overview of the politics of oil world-wide.
In the recent spate of military takeovers in Guinea, Mali, Chad, Niger and Guinea Bissau in West Africa, identity politics has been named as one of the motivations behind the military coups. The concern surrounding the elimination or minimization of discrimination in governance and the distribution of national wealth is of particular importance. This book promotes a sane approach to the sharing of the national ‘cake’: to adopt pragmatism and the principles of the Rule of Law, which are already enshrined in the respective constitutions of these nations. This book fills a gap in the literature and promotes equal participation and distribution of opportunities in Sub-Saharan Africa. It will educate politicians, ministries, agencies and departments, policy makers, non-governmental organizations engaged in development at the grass-roots levels, and academics and students of politics, security, religious studies and development.
Cameroon is a land of much promise, but a land of unfulfilled promises. It has the potential to be an economically developed and democratic society but the struggle to live up to its potential has not gone well. Since independence there have been only two presidents of Cameroon; the current one has been in office since 1982. Endowed with a variety of climates and agricultural environments, numerous minerals and substantial forests, and a dynamic population, this is a country that should be a leader of Africa. Instead, we find a country almost paralyzed by corruption and poor management, a country with a low life expectancy and serious health problems, and a country from which the most talent...
Primary commodities dominate African exports, yet these products are extremely vulnerable to variations in weather conditions, world demand and prices. If the continent is to obtain optimum benefit from the integration and opening of the world ...
This book focuses on the history, key industry and policy actors, and political economic outcomes in oil-producing African states, filling a gap in the literature on resource-abundant countries by providing an optimistic assessment of circumstances in contemporary Africa.
By examining economic development in the Middle East in the aftermath of the Arab Spring, this textbook introduces undergraduate and postgraduate students to the most pressing and topical economic issues in the contemporary Middle East. With comprehensive coverage of the entire region, the author examines the economic prospects for the Gulf and charts the growth of economic power in the region. Organised thematically, a full range of topics are discussed, including: the role of banks and capital markets in the region's development the impact of demographic changes, such as the dramatic decline in birth rates and the implications for future employment the development of economic advances in oil and gas production the effects of the region's economic development on international and inter-regional trade. Through discussing the region's problems of the past as well as the present and future challenges, this book provides students with a compact and manageable review of the state of economic development in the Middle East.
There is no question that Africa is endowed with abundant natural resources of different magnitudes. However, more than a decade of high commodity prices and new hydrocarbon discoveries across the continent has led countless international organizations, donor agencies, and non-governmental organizations to devote considerable attention to the potential of natural resource–based development. Natural Resource–Based Development in Africa places a particular emphasis on the actors that help us understand the extent to which resources could be transformed into broader developmental outcomes. Based on a wide variety of primary sources and fieldwork, including in-person interviews and participa...
In this volume, world-renowned contributors, including Martin Ravallion, Michael Kremer and Robert Townsend, deal with the institutional characteristics of poverty resulting from the time pattern of aid, the nature of financial systems and the political economy of budgetary decisions. Going beyond the traditional literature on poverty, this original book deals with themes of broad interest to both scholars and policymakers in a clear yet technically sophisticated manner. Departing from conventional methods employed in poverty studies, these innovative essays enquire into the institutional characteristics of poverty, and using current case studies, they examine the crucial idea that periods of crises seriously affect poverty.