Download or read book Capital Accumulation in Eastern and Southern Africa written by Ravi Gulhati and published by World Bank Publications. This book was released on 1983 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper attempts to analyze the magnitude of the setback in capital accumulation in Eastern and Southern Africa and the proximate causes of this phenomenon. The sample consists of 16 countries and available data for the late 1960s and 1970s are explored. Given the weakness of the statistics, the authors rely more on expert observations than on rigorous quantitative assessments; available data are analyzed, however. Capital formation increased fairly rapidly during 1967-1974 but then slowed down considerably. Investment was financed to a considerable extent by external concession assistance; rapid growth in such funds during the late 1970s helped offset declining national savings rates to some extent. The setback in investment rates was greatly accentuated by a large and widespread deterioration in the productivity of capital brought about by the impact of government policy, strained absorptive capacity and a variety of exogenous factors.

Download or read book Challenges of Growth and Globalization in the Middle East and North Africa written by Mr.Hamid R Davoodi and published by International Monetary Fund. This book was released on 2003-09-05 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.

Download or read book Africa and the Global System of Capital Accumulation written by Emmanuel O Oritsejafor and published by Routledge. This book was released on 2021-04-17 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa and the Global System of Capital Accumulation offers a groundbreaking analysis of the strategic role Africa plays in the global capitalist economy. The exploitation of Africa’s rich resources, as well as its labor, make it possible for major world powers to sustain their authority over their own middle-class populations while rewarding African collaborators in leadership positions for subjecting their populations into poverty and desperation. Middle-class obsessions such as computers, mobile phones, cars and the petroleum that fuels them, diamonds, chocolate – all of these products require African resources that are typically obtained by child or slave labor that helps to generate billionaires out of foreign investors while impoverishing most Africans. Oritsejafor and Cooper demonstrate that "primitive accumulation," believed by both Adam Smith and Karl Marx to be a process that precedes capitalism, is actually an integral part of capitalism. They also validate the thesis that capitalism incorporates racism as an organizing tool for the exploitation of labor in Africa and on a global scale. Case studies are presented on Nigeria, Cote d’Ivoire, Ghana, Liberia, Congo, Tanzania, Somalia, Angola, Namibia, Sao Tome and Principe, and South Sudan. There are also chapters analyzing the interests of Russia and China in Africa. This book will be of interest to students and scholars of African politics, development, and economics.

Download or read book The Determinants of Economic Growth written by Maaike S. Oosterbaan and published by Springer Science & Business Media. This book was released on 2000-09-30 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Determinants of economic growth: An overview Thijs de Ruyter van Steveninck, Nico van der Windt, and Maaike Oosterbaan Netherlands Economic Institute What causes economic growth? Why have some countries grown much faster than others? Why do some countries not grow at all, or even experience negative (per capita) growth rates? What can governments do to raise the growth rates of their country? These questions were discussed at a conference on March 23 and 24, 1998, organized by the Netherlands Economic Institute (NEI) on behalf of the Netherlands Ministry of Foreign Affairs. This book contains the proceedings of the conference. Economic growth is widely considered as a necessary (though not sufficient) condition for poverty alleviation. During the past two decades, scholars and researchers have found a renewed interest in thinking about economic growth, and advances in the understanding of economic growth have taken place. On the one hand, the theoretical understanding of growth has progressed on various fronts, including endogenous technological innovation and increasing returns to scale; the interaction of population, fertility, human capital, and growth; international spill-overs in technology and capital accumulation; and the role of institutions. On the other hand, the increasing availability and use of data sets has given a large incentive to empirical research on cross-country growth, following the path-breaking work ofBarro (1991).

Download or read book Eastern and Southern Africa written by Debby Potts and published by Routledge. This book was released on 2016-02-04 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: A unique and comprehensive introduction to contemporary development issues in East and Southern Africa, and represents a significant departure from the often descriptive approach adopted by existing regional and development texts on African regions. Each contribution is carefully chosen to highlight the theoretical basis to development issues, and the practical problems of implementing development plans, in this vital subregion. Overall this produces comprehensive and balanced coverage of historical, economic, political and social issues. The twin issues of globalisation and modernisation give the book a clear focus.

Download or read book Capital Penetration and the Peasantry in Southern and Eastern Africa written by Freedom Mazwi and published by Springer Nature. This book was released on 2022-02-12 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the impact of neoliberalism on peasant agriculture as a key livelihood strategy in Southern and Eastern Africa, against the background of the current development crisis and the crossroads that Southern and Eastern Africa faces. It systematically analyses how the neoliberal architecture has deepened extroverted production for capitalist accumulation and how this has been to the detriment of the rural labour force and small scale and communal landowners. Apart from examining how neoliberalism has triggered land alienations, the book further argues that such policies have also impacted negatively on food security in a number of ways. The book presents empirical evidence through twelve case studies, emerging from in-depth original fieldwork carried out in seven countries in the Southern and Eastern African region. This book is a must-read for scholars of economics,sociology, anthropology, history, agrarian studies and political science, as well as practitioners and policy-makers, interested in a better understanding of the impact of the agrarian neoliberal restructuring on the peasantry in Southern Africa.

Download or read book Capital Accumulation and Migration written by Dennis C. Canterbury and published by BRILL. This book was released on 2012-08-01 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Capital Accumulation and Migration Dennis C. Canterbury explores the subject of capital accumulation and migration under neoliberal capitalism.

Download or read book International Migration and Development in Eastern and Southern Africa written by Bariagaber, Assefaw and published by OSSREA. This book was released on 2014-08-23 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: The impact of international migration, both South-South as well as South-North, on the economic, social and political life of the people in Eastern and Southern Africa [was] not well documented and studied,- and 'the evidence-base for policy on migration and development [was] very weak.' With this in mind, OSSREA's invitation to conduct a study on international migration in Africa had the following objectives: To analyze the nature and type of South-South migration, focusing on issues, such as brain gain and/or brain drain, remittance flows, technical know-how transfers, violations of the right of African migrants and gender dimensions of migration; To investigate the dynamics of migration from Eastern and Southern Africa to the Arab Gulf States as well as to developed countries, focusing on the skills of migrants, brain gain and/or drain, remittance flows, technical know-how transfers, violations of the rights of African migrants and gender dimension of migrants; and to assess the successes, impediments and challenges of African international migrants from Eastern and Southern Africa and to formulate policy recommendations to maximize the gains and minimize the costs associated with international migration in Africa.

Download or read book Environment and Sustainable Development in Eastern and Southern Africa written by Abdel Ghaffar M. Ahmed and published by Springer. This book was released on 2016-07-27 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sheds light on the sources of environmental concerns in Africa. It shows that not all environmental issues command the same priority interest and, thus, emphasis must be laid on those that are of pressing concern to the continent as a whole and to the Eastern and Southern African regions in particular. The case studies address this topic in detail.

Download or read book Digest of Eastern and Southern Africa Development Plans written by Ralph S. Edwards and published by . This book was released on 1976 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Africa s Infrastructure written by World Bank and published by World Bank Publications. This book was released on 2009-12-01 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable infrastructure development is vital for Africa s prosperity. And now is the time to begin the transformation. This volume is the culmination of an unprecedented effort to document, analyze, and interpret the full extent of the challenge in developing Sub-Saharan Africa s infrastructure sectors. As a result, it represents the most comprehensive reference currently available on infrastructure in the region. The book covers the five main economic infrastructure sectors information and communication technology, irrigation, power, transport, and water and sanitation. 'Africa s Infrastructure: A Time for Transformation' reflects the collaboration of a wide array of African regional institutions and development partners under the auspices of the Infrastructure Consortium for Africa. It presents the findings of the Africa Infrastructure Country Diagnostic (AICD), a project launched following a commitment in 2005 by the international community (after the G8 summit at Gleneagles, Scotland) to scale up financial support for infrastructure development in Africa. The lack of reliable information in this area made it difficult to evaluate the success of past interventions, prioritize current allocations, and provide benchmarks for measuring future progress, hence the need for the AICD. Africa s infrastructure sectors lag well behind those of the rest of the world, and the gap is widening. Some of the main policy-relevant findings highlighted in the book include the following: infrastructure in the region is exceptionally expensive, with tariffs being many times higher than those found elsewhere. Inadequate and expensive infrastructure is retarding growth by 2 percentage points each year. Solving the problem will cost over US$90 billion per year, which is more than twice what is being spent in Africa today. However, money alone is not the answer. Prudent policies, wise management, and sound maintenance can improve efficiency, thereby stretching the infrastructure dollar. There is the potential to recover an additional US$17 billion a year from within the existing infrastructure resource envelope simply by improving efficiency. For example, improved revenue collection and utility management could generate US$3.3 billion per year. Regional power trade could reduce annual costs by US$2 billion. And deregulating the trucking industry could reduce freight costs by one-half. So, raising more funds without also tackling inefficiencies would be like pouring water into a leaking bucket. Finally, the power sector and fragile states represent particular challenges. Even if every efficiency in every infrastructure sector could be captured, a substantial funding gap of $31 billion a year would remain. Nevertheless, the African people and economies cannot wait any longer. Now is the time to begin the transformation to sustainable development.

Download or read book Unequal Development and Capitalism written by Adalmir Antonio Marquetti and published by Taylor & Francis. This book was released on 2024-06-03 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unequal development has been a defining characteristic of capitalism. Throughout history, countries and regions have exhibited differences in labor productivity growth – a key determinant in poverty reduction and development – and although some nations may catch up with the productivity levels or well-being of developed economies at times, others fall behind. This book explores these processes of catching up and falling behind of developing countries from Asia, Latin America, Central and Eastern Europe, and Africa in relation to the US economy from 1970 to 2019. The research presented in this book integrates a historical interpretation of post-World War II capitalism with economic theory and empirical analysis. By exploring the historical experiences of these countries, the book provides an overview of their economic transformations. The interplay between technical change, profit rate and capital accumulation, on one hand, and institutional change, on the other, are combined to explain the dynamics of catching up or falling behind in labor and capital productivities. Furthermore, the book provides, from the perspective of developing countries, fundamental lessons for the implementation of successful strategies for catching up and development. This book is a major resource for readers interested in economic growth and development, heterodox macroeconomics, development economics, and related areas.

Download or read book Geopolitical Orientations Regionalism and Security in the Indian Ocean written by Dennis Rumley and published by Routledge. This book was released on 2015-07-24 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 2004, this book is the inaugural volume of the Indian Ocean Research Group (IORG) and is based on a selection of papers presented at the IORG launch in Chandigarh in November 2002. The volume emphasizes the complexity and historical and contemporary geopolitical significance of the Indian Ocean Region (IOR). It also propagates the necessity for increased intra-regional cooperation, especially in terms of economic and environmental security, maritime boundaries, sea lane security and ocean management, in the spirit of open regionalism, in order to ensure a more secure IOR. In addition, the volume initiates an agenda for future social science policy-orientated research. The book should be of particular interest to policy-makers, business people and academics, as well as citizens of the IOR.

Download or read book Income Inequality Trends in Sub Saharan Africa written by Ayodele F. Odusola and published by . This book was released on 2017 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Human Capital Index 2020 Update written by World Bank and published by World Bank Publications. This book was released on 2021-05-05 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human capital—the knowledge, skills, and health that people accumulate over their lives—is a central driver of sustainable growth, poverty reduction, and successful societies. More human capital is associated with higher earnings for people, higher income for countries, and stronger cohesion in societies. Much of the hard-won human capital gains in many economies over the past decade is at risk of being eroded by the COVID-19 (coronavirus) pandemic. Urgent action is needed to protect these advances, particularly among the poor and vulnerable. Designing the needed interventions, targeting them to achieve the highest effectiveness, and navigating difficult trade-offs make investing in better measurement of human capital now more important than ever. The Human Capital Index (HCI)—launched in 2018 as part of the Human Capital Project—is an international metric that benchmarks the key components of human capital across economies. The HCI is a global effort to accelerate progress toward a world where all children can achieve their full potential. Measuring the human capital that children born today can expect to attain by their 18th birthdays, the HCI highlights how current health and education outcomes shape the productivity of the next generation of workers and underscores the importance of government and societal investments in human capital. The Human Capital Index 2020 Update: Human Capital in the Time of COVID-19 presents the first update of the HCI, using health and education data available as of March 2020. It documents new evidence on trends, examples of successes, and analytical work on the utilization of human capital. The new data—collected before the global onset of COVID-19—can act as a baseline to track its effects on health and education outcomes. The report highlights how better measurement is essential for policy makers to design effective interventions and target support. In the immediate term, investments in better measurement and data use will guide pandemic containment strategies and support for those who are most affected. In the medium term, better curation and use of administrative, survey, and identification data can guide policy choices in an environment of limited fiscal space and competing priorities. In the longer term, the hope is that economies will be able to do more than simply recover lost ground. Ambitious, evidence-driven policy measures in health, education, and social protection can pave the way for today’s children to surpass the human capital achievements and quality of life of the generations that preceded them.

Download or read book Transforming Southern Africa written by DIVISION ON GLOBALIZATION AND DEVELOPMENT. UNITED NATIONS CONFERENCE ON TRADE. STRATEGIES and published by . This book was released on 2022-01-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume investigates the status of regional integration in Southern Africa. It discusses the critical challenges to be overcome and surveys the most interesting opportunities for achieving deeper regional integration.

Download or read book Our Continent Our Future written by P. Thandika Mkandawire and published by IDRC. This book was released on 2014-05-14 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.