AFRICA Why economists get it wrong
Paperback: 176 pages
Publisher: Zed Books Ltd (11 Jun. 2015)
Language: English
ISBN-10: 1783601329
ISBN-13: 978-1783601325
Description :
A valuable corrective to the fraying narrative of [African] failure.'
Foreign Affairs Not so long ago, Africa was being described as the
hopeless continent. Recently, though, talk has turned to Africa rising,
with enthusiastic voices exclaiming the potential for economic growth
across many of its countries. What, then, is the truth behind Africa's
growth, or lack of it? In this provocative book, Morten Jerven
fundamentally reframes the debate, challenging mainstream accounts of
African economic history. Whilst for the past two decades experts have
focused on explaining why there has been a 'chronic failure of growth'
in Africa, Jerven shows that most African economies have been growing at
a rapid pace since the mid nineties. In addition, African economies
grew rapidly in the fifties, the sixties, and even into the seventies.
Thus, African states were dismissed as incapable of development based
largely on observations made during the 1980s and early 1990s. The
result has been misguided analysis, and few practical lessons learned.
This is an essential account of the real impact economic growth has had
on Africa, and what it means for the continent's future.
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