Capital Accumulation and Economic Growth in Developing Africa PDF Download
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Author: Petr Ivanovich Polʹshikov
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
Author: Petr Ivanovich Polʹshikov
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 216
Get Book
Book Description
Author: Petr I. Pol'sikov
Publisher:
ISBN:
Category : Africa
Languages : en
Pages : 0
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Book Description
Author: Emmanuel O Oritsejafor
Publisher: Routledge
ISBN: 1000384586
Category : Political Science
Languages : en
Pages : 252
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Book Description
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.
Author: Ms.Sonia Brunschwig
Publisher: International Monetary Fund
ISBN: 1451981147
Category : Business & Economics
Languages : en
Pages : 35
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Book Description
This paper analyzes the impact of human capital on growth, on the basis of refined calculations of human capital, and with a focus on West Africa. Using a growth-accounting methodology, it distinguishes the sources of growth between the accumulation of factors of production and changes in production intensity or efficiency. Private capital is found to be particularly important to growth, but human capital appears not to be significant. The paper also identifies the terms of trade, trade openness, the government deficit, and the share of government investment in total investment as key policy variables affecting growth.
Author: Ejike Udeogu
Publisher: Cambridge Scholars Publishing
ISBN: 1527522733
Category : Political Science
Languages : en
Pages : 198
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Book Description
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.
Author: Martin Fransman
Publisher: London ; Exeter, N.H. : Heinemann
ISBN:
Category : Africa
Languages : en
Pages : 456
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Book Description
Conference papers on industrialization and capital formation in Africa - reviews the role of import substitution; discusses state intervention in manufacturing and evaluation of industrial development in Tanzania, social class formation, indigenization of industry and dependence in Kenya, foreign enterprise vs. Self reliance in Zimbabwe, development aid for structural change in Lesotho, small scale industries in Tanzania, Kenya and Botswana, urban area informal sector of Lome, Togo, the role of the Volta Dam in energy for industry in Ghana, etc.,
Author: Peter Robson
Publisher: Routledge
ISBN: 1136877177
Category : Business & Economics
Languages : en
Pages : 530
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Book Description
This reissue, first published in 1969 brings together structural and analytical studies of seven single African countries, together with two studies of groups of countries which, although politically separate, have in the past had close economic links. These countries are Algeria, Cameroon, Ghana, Ivory Coast, Liberia, Nigeria and the Sudan. The groups are East Africa, comprising Kenya, Uganda and Tanzania; and Central Africa, comprising Rhodesia, Malawi and Zambia.The countries have been chosen to bring out the main contemporary economic issues arising in the efforts of the independent African States to achieve economic growth. The book will be invaluable to students and practicing economists concerned with Africa and the developing economies generally.
Author: African Union Commission
Publisher: Org. for Economic Cooperation & Development
ISBN: 9789264302495
Category : Africa
Languages : en
Pages : 0
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Book Description
This first edition explores the dynamics of growth, jobs, and inequalities. It proposes ten decisive actions to promote sustainable economic and social development and to strengthen institutions in Africa.
Author: Mr.Christian H. Beddies
Publisher: International Monetary Fund
ISBN: 1451853998
Category : Business & Economics
Languages : en
Pages : 33
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Book Description
This paper considers the potential variables that have determined economic growth in The Gambia during 1964–98. The results indicate that The Gambia’s aggregate production function exhibits increasing returns to scale, thus supporting the endogenous growth-type model. The impact of private investment—and thus private capital accumulation—on output is large and significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human capital accumulation are positive and statistically significant. The paper also estimates a series on total factor productivity growth that indicates that The Gambia was able to use its resources more efficiently.
Author: Jean-Philippe Platteau
Publisher: Routledge
ISBN: 1136600442
Category : Business & Economics
Languages : en
Pages : 444
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Book Description
In order for economic specialization to develop, it is important that well-defined property rights are established and that suspicion and fear of fraud do not pervade transactions. Such conditions cannot be created ex abrubto, but must somehow evolve. What needs to develop is not only suitable practices and rules themselves, but also the public agencies and moral environment without which generalized trust is difficult to establish. The cultural endowment of societies as they have developed over their particular histories is bound to play a major role in this regard, and the matter of cultual endowment is one of the central themes of this book. On the other hand, division of labour does not only require well-enforced property rights and trust in economic dealings. It is also critically conditioned by the thickness of economic space, itself dependent on population density. This provides the second major theme of the volume: market development, including the development of private property rights is not possible, or will remain very incomplete, if populations are thinly spread over large areas of land. The book makes special reference to sub-Saharan Africa.
