Download or read book Politics And Economic Development In written by Tom Forrest and published by Routledge. This book was released on 2019-09-11 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the end of civil war in 1970, Nigeria has struggled to build a stronger federal center and to reduce conflicts that have arisen from uneven development and from ethnic, regional, class and religious differences. This book provides a comprehensive account of the dynamic interplay between the political and economic forces that have shaped gover

Download or read book Reinventing State Capitalism written by Aldo Musacchio and published by Harvard University Press. This book was released on 2014-04-22 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: The wave of liberalization that swept world markets in the 1980s and 90s altered the ways that governments manage their economies. Reinventing State Capitalism analyzes the rise of new species of state capitalism in which governments interact with private investors either as majority or minority shareholders in publicly-traded corporations or as financial backers of purely private firms (the so-called “national champions”). Focusing on a detailed quantitative assessment of Brazil’s economic performance from 1976 to 2009, Aldo Musacchio and Sergio Lazzarini examine how these models of state capitalism influence corporate investment and performance. According to one model, the state acts as a majority investor, granting the state-owned enterprise (SOE) financial autonomy and allowing professional management. This form, the authors argue, has reduced many agency problems commonly faced by state ownership. According to another hybrid model, the state uses sovereign wealth funds, holding companies, and development banks to acquire a small share of equity ownership in a corporation, thereby potentially alleviating capital constraints and leveraging latent capabilities. Both models have benefits and costs. Yet neither model has entirely eliminated the temptation of governments to intervene in the operation of natural resource industries and other large strategic enterprises. Nevertheless, the longstanding debate over whether private ownership is superior or inferior to state capitalism has become irrelevant, Musacchio and Lazzarini conclude. Private ownership is now mingled with state capital on a global scale.

Download or read book State Directed Development written by Atul Kohli and published by Cambridge University Press. This book was released on 2004-08-30 with total page 801 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why have some developing country states been more successful at facilitating industrialization than others? An answer to this question is developed by focusing both on patterns of state construction and intervention aimed at promoting industrialization. Four countries are analyzed in detail - South Korea, Brazil, India, and Nigeria - over the twentieth century. The states in these countries varied from cohesive-capitalist (mainly in Korea), through fragmented-multiclass (mainly in India), to neo-patrimonial (mainly in Nigeria). It is argued that cohesive-capitalist states have been most effective at promoting industrialization and neo-patrimonial states the least. The performance of fragmented-multiclass states falls somewhere in the middle. After explaining in detail as to why this should be so, the study traces the origins of these different state types historically, emphasizing the role of different types of colonialisms in the process of state construction in the developing world.

Download or read book State Capitalism written by Joshua Kurlantzick and published by Oxford University Press. This book was released on 2016-03-08 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: The end of the Cold War ushered in an age of American triumphalism best characterized by the "Washington Consensus:" the idea that free markets, democratic institutions, limitations on government involvement in the economy, and the rule of law were the foundations of prosperity and stability. The last fifteen years, starting with the Asian financial crisis, have seen the gradual erosion of that consensus. Many commentators have pointed to the emergence of a powerful new rival model: state capitalism. In state capitalist regimes, the government typically owns firms in strategic industries. Not beholden to private-sector shareholders, such firms are allowed to operate with razor-thin margins if the state deems them strategically important. China, soon to be the world's largest economy, is the best known state capitalist regime, but it is hardly the only one. In State Capitalism, Joshua Kurlantzick ranges across the world--China, Thailand, Brazil, Russia, South Africa, Turkey, and more--and argues that the increase in state capitalism across the globe has, on balance, contributed to a decline in democracy. He isolates some of the reasons for state capitalism's resurgence: the fact that globalization favors economies of scale in the most critical industries, and the widespread rejection of the Washington Consensus in the face of the problems that have plagued the world economy in recent years. That said, a number of democratic nations have embraced state capitalism, and in those regimes, state-backed firms like Brazil's Embraer have enjoyed considerable success. Kurlantzick highlights the mixed record and the evolving nature of the model, yet he is more concerned about the negative effects of state capitalism. When states control firms, whether in democratic or authoritarian regimes, the government increases its advantage over the rest of society. The combination of new technologies, the perceived failures of liberal economics and democracy in many developing nations, the rise of modern kinds of authoritarians, and the success of some of the best-known state capitalists have created an era ripe for state intervention. State Capitalism offers the sharpest analysis yet of what state capitalism's emergence means for democratic politics around the world.

Download or read book Nigerian Foreign Policy written by Timothy M. Shaw and published by Springer. This book was released on 1983-06-18 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book State Class and Underdevelopment in Nigeria and Early Meiji Japan written by Sakah Saidu Mahmud and published by Springer. This book was released on 2016-07-27 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book compares the social processes that explain Japanese development, beginning with the Meiji Restoration in 1868, with similar processes in post-independent Nigeria in its effort to achieve capitalist development. Before the Restoration and independence, both Japan and Nigeria lacked any prospects for further development. Japan, however, pursued fundamental social transformations of society leading to capitalist development, whereas Nigeria, following independence, has lacked any transforming ideals resulting in underdevelopment and social stagnation.

Download or read book Global Capitalism and American Empire written by Leo Panitch and published by . This book was released on 2004 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thoughtful reflection on capitalism, hegemony, and the United States addresses such questions as "What does imperialism mean today? How does the United States influence the rest of the world? and "What are the economic interests served by its domination? Explored is how the rise of the United States as a superpower brought an end to the old inter-imperial rivalries. Also discussed is the Bretton Woods system in the 1970s, and how American hegemony, far from being fundamentally challenged by the other advanced capitalist states, came to be reconstituted in the form of global neoliberalism. The challenges America faces in the future in nation building and shaping a global agency are also addressed.

Download or read book Economic Development of Nigeria written by Ola Oni and published by . This book was released on 1975 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book African Social Studies written by C W Gutkind and published by NYU Press. This book was released on 1977 with total page 499 pages. Available in PDF, EPUB and Kindle. Book excerpt: African Social Studies: A Radical Reader, is an essential and wide-ranging collection of essays by some of the world's finest social scientists, known and lesser-known. This impressive collection covers issues such as the legacy of colonialism, imperialism, problems in the field of African Studies, national liberation movements, and more. No student of Africa should be without this volume.

Download or read book The Petro developmental State in Africa written by Jesse Salah Ovadia and published by Hurst & Company. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local initiatives, local control and local ownership are increasingly characteristic of Africa's petroleum sector, as Ovadia sets out in his book

Download or read book State and Society in Nigeria written by Williams, Gavin and published by Malthouse Press. This book was released on 2019-04-15 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first edition of State and Society in Nigeria, published in 1980, was and remains a dominant influence in teaching, research, policy and practice of state-society relations in Nigeria for more than a generation. The volume of essays has remained one of the most cited in the field – testimony to its enduring content and perspective as well as the beauty, accessibility and clarity of its language. This new edition revisits, extends and reconsiders aspects of the first edition in light of developments in the literature since 1980 and offers new insights and interpretations on issues of political economy, politics, and sociology such as the country’s Civil War (1967-1970) the political economy of oil, debt, and democratization and the complexities and ethnic identities and rivalries and religious accommodation and conflict, and of the multiple ways in which they intersect with one another.

Download or read book Shell Petroleum Development Company the State and Underdevelopment of Nigeria s Niger Delta written by Daniel A. Omoweh and published by Africa Research and Publications. This book was released on 2005 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Development of Capitalism in Africa written by John Sender and published by Routledge. This book was released on 2013-05-13 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1986, this work challenges underdevelopment analyses of Africa’s past experiences and future prospects, and builds upon a very wide range of recent historical research to argue that the impact of Capitalism has resulted in economic progress and significant improvements in living standards. In marked contrast to the dependency approach, they propose that the important political and economic differences between the experiences of developing countries should be stressed and analysed. The argument is supported by a detailed look at the emergence since 1900 of capitalist social relations of production in nine different countries.

Download or read book Financialisation Capital Accumulation and Economic Development in Nigeria written by Ejike Udeogu and published by Cambridge Scholars Publishing. This book was released on 2018-11-30 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: The inadequacies of many past studies that have tried to highlight the causes of the persistent underdevelopment in developing countries—such as Nigeria—have been noted to derive mainly from the focus and, in some cases, the methodologies adopted by the researchers. It has been suggested that, although many researchers recognize the inability to reproduce sufficient profit as undermining the capitalist accumulation process (and as a result the development of an economy), they have nevertheless often tended to ignore the importance of the political-economic arrangement and historical factors in the formation of expectations about the rate of profit. Indeed, in some cases, they have failed to provide a substantive account of these critical variables. This book highlights how the inherent contradictions of the contemporary political-economic arrangement and some historical factors undermined the peculiar capital accumulation processes in Nigeria, which, in turn, has slowed economic development in the country. This book contributes to the field of Nigeria studies by filling gaps that exist in both theoretical and empirical literature on growth and development in the country, deviating from the orthodox approach of analysing the nation’s problems purely based on the factors internal to the country and by imposing ready-made theoretical logics on history. Rather, it studies Nigeria’s problems in juxtaposition with the world system and imposes historical evidence on theoretical logics. This book represents a good resource for both undergraduate and postgraduate courses on area studies. Researchers and policy-makers will also find it useful as a reference.

Download or read book Naija Marxisms written by Adam Mayer and published by Pluto Press (UK). This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traces the historical trajectories that leftist movements in Nigeria underwent since the 1940s. Mayer explores the international context of Nigerian Marxism and provides core chapters on key thinkers including Mokwugo Okoye, Ikenna Nzimiro and Eskor Toyo among many others. He argues that Marxism is alive and well in Nigeria. Mayer includes pre-eminent thinkers such as Usman Tar and Edwin Madunagu who are currently espousing a Marxian political economy and providing a class-based approach in the country's mainstream media channels. --From publisher description.

Download or read book Pan Africa Rising written by Rita Kiki Edozie and published by Springer. This book was released on 2017-09-08 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book uses Nigeria’s Afri-capitalist and South Africa’s Ubuntu Business models as case studies that reconcile the tension between Africa Rising and Pan African economics, presenting their convergence as Africa’s viable Third Way route to global development. In presenting Afri-capitalism and Ubuntu Business as national, business sector manifestations of a “new” Pan Africanism, the author explores Africa’s “culturalist” path in engaging the international political economy. This is an African customized engagement that parallels the alternative models of China’s “market-socialism” and Latin America’s “21st C Socialism”. All present alternatives to realist, liberal, and structuralist standpoints, inclining instead toward constructivist political economies derived from the perspectives and subject conditions of African economic histories, socio-cultures, alternative modernities, and agent-led initiatives.

Download or read book The End of Development written by Andrew Brooks and published by Zed Books Ltd.. This book was released on 2017-05-15 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why did some countries grow rich while others remained poor? Human history unfolded differently across the globe. The world is separated in to places of poverty and prosperity. Tracing the long arc of human history from hunter gatherer societies to the early twenty first century in an argument grounded in a deep understanding of geography, Andrew Brooks rejects popular explanations for the divergence of nations. This accessible and illuminating volume shows how the wealth of ‘the West’ and poverty of ‘the rest’ stem not from environmental factors or some unique European cultural, social or technological qualities, but from the expansion of colonialism and the rise of America. Brooks puts the case that international inequality was moulded by capitalist development over the last 500 years. After the Second World War, international aid projects failed to close the gap between ‘developed’ and ‘developing’ nations and millions remain impoverished. Rather than address the root causes of inequality, overseas development assistance exacerbate the problems of an uneven world by imposing crippling debts and destructive neoliberal policies on poor countries. But this flawed form of development is now coming to an end, as the emerging economies of Asia and Africa begin to assert themselves on the world stage. The End of Development provides a compelling account of how human history unfolded differently in varied regions of the world. Brooks argues that we must now seize the opportunity afforded by today’s changing economic geography to transform attitudes towards inequality and to develop radical new approaches to addressing global poverty, as the alternative is to accept that impoverishment is somehow part of the natural order of things.