ENGLISH

Economic Development in the Twenty-first Century: Lessons for Africa Throughout History

By Matthew Kofi Ocran

Book information

Publisher
Springer International Publishing; Palgrave Macmillan
Year
2019
ISBN
978-3-030-10769-7;978-3-030-10770-3
Language
english
Format
PDF
Filesize
5 MB (5662420 bytes)
Series
Palgrave Studies in Economic History
Edition
1st ed.
Pages
XVI, 412\424
Time added
2019-09-18 12:17:18
Economics; African Economics; Economic History; De

Description

This book uses lessons from history to help African countries take charge of their own economic development agenda. History is an important part of Africa’s economic development narrative, and Ocran investigates how the development outcomes between Africa and Western Europe became so divergent when in the early medieval period average income levels and economic development in the two regions differed only marginally. The sixteenth century marked a turning point, with the emergence of Western European mercantilism and capitalism and their associated exploitation of other countries. In understanding Africa’s economic development, it is crucial to recognise that Africa has not always been poor. Examining 400 years of enslavement and colonisation, this book takes us to present day Africa and economic issues affecting the continent. With selected case studies from Hong Kong, Taiwan, and Singapore to South Korea and China, Ocran proposes ways to break out of the economic development quandary Africa currently faces. Front Matter ....Pages i-xvi Front Matter ....Pages 1-1 Why History Is Important in Africa’s Economic Development Narrative (Matthew Kofi Ocran)....Pages 3-18 Economic Development: Facts, Theories and Evidence (Matthew Kofi Ocran)....Pages 19-70 Development Approaches from East Asia (Matthew Kofi Ocran)....Pages 71-130 Front Matter ....Pages 131-131 Medieval European Economies, AD 400–1500 (Matthew Kofi Ocran)....Pages 133-158 Mercantilism as a World Economic Order (Matthew Kofi Ocran)....Pages 159-196 Front Matter ....Pages 197-197 Medieval African Economies: AD 700–1500 (Matthew Kofi Ocran)....Pages 199-220 Emaciation of African Economies I: The Slave Trades, 1451–1830 (Matthew Kofi Ocran)....Pages 221-247 Emaciation of African Economies II: Colonisation 1880–1960 (Matthew Kofi Ocran)....Pages 249-300 Post-Independence African Economies: 1960–2015 (Matthew Kofi Ocran)....Pages 301-372 Lessons and Ideas for Charting a New Development Path in Africa (Matthew Kofi Ocran)....Pages 373-392 Back Matter ....Pages 393-412

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