Economic Development in the Twenty-first Century: Lessons for Africa Throughout History (Palgrave Studies in Economic History) - Hardcover

Ocran, Matthew Kofi

Hardcover

ISBN 10: 3030107698 ISBN 13: 9783030107697

Publisher: Palgrave Macmillan, 2019

Synopsis

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.

About this title

About the Author

Matthew Kofi Ocran is Professor of Economics and Deputy Dean of Academic Affairs at the Faculty of Economics and Management Sciences, University of the Western Cape, South Africa. His current research interests lie in macroeconomics, development economics, development finance and economic history. 

From the Back Cover

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 economicdevelopment quandary Africa currently faces.

Matthew Kofi Ocran is Professor of Economics and Deputy Dean of Academic Affairs at the Faculty of Economics and Management Sciences, University of the Western Cape, South Africa. His current research interests lie in macroeconomics, development economics, development finance and economic history. 

Edition details

• Publisher: Palgrave Macmillan
• Publication date: 2019
• Language: English
• ISBN 10: 3030107698
• ISBN 13: 9783030107697
• Binding: Hardcover
• Edition number: 1
• Number of pages: 428