AFRICA’S PATH TO ECONOMIC DEVELOPMENT - A Guide For Policy Makers and Scholars

Joseph S. Fomunung

Description

Africa’s Path to Economic Development is an uncommon book that sheds light on the perennial woes of nearly all countries that make up the African continent. Uncommon because unlike many other books that have been published on the challenges faced by Africa for the last sixty years, this book focuses on the political systems and governance processes that have characterized African countries. It deliberately calls out current African leaders to introspectively look themselves and answer the question whether their policies have fostered economic development, human wellbeing and the pursuit of happiness of their fellow citizens or the contrary. This book is approached from the political economic perspective because unless one understands the interplay between political decision-making and economic processes and how such interplay determines government institutions and ideology, it would be difficult recommending possible solutions to the economic doldrums that have continued to beset African countries to this day. While the book largely lays the blame on the leadership styles and ideologies, it nevertheless brings out the role of the international system of supranational institutions that came into existence after World War II, and how these international institutions have contributed in no small measure to some of the economic distress and frustrations that have been the hallmarks of many an African country. Economic stagnation with its attendant misery have been responsible for many intranational and sometimes fratricidal conflicts and wars in quite a handful of countries on that continent. The draconian prescriptions by some Bretton Woods institutions have not helped when conditionality hasn’t been met. The unfortunate case of the Democratic Republic of Congo, the richest piece of real estate on planet earth with its strategic natural resources coveted by almost the entire world and the ancillary scramble by small and big powers is examined. The book ends with a set of recommendations to African leaders and the global community to be more willing to share with fairness.

Sujets

• Economie

Informations

• Publié par: Jude
• Date de parution: 14 mai 2018
• Nombre de lectures: 1
• EAN13: 9781942876267
• Langue: English

Extrait

AFRICA’S PATH TO ECONOMIC DEVELOPMENT

AFRICA’S PATH TO ECONOMIC DEVELOPMENT A Guide For Policy Makers and Scholars

Joseph S. Fomunung

Spears Media Press D E N V E R www.spearsmedia.com

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© 08 Jôŝé Ś. ôûû Ā ŝ éŝéé.

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Ôé ôàô: Śéçà ŝçôûŝ àé àààé ô ûk ûçàŝéŝ  çôôàôŝ, àŝŝôçàôŝ, à ôéŝ. ô éàŝ, çôàç é ûŝé à à ô é àéŝŝéŝ àôé.

Śb: 9789487667 (àéàçk) Āŝô àààé  Ké (éôôk)

Śéàŝ méà éŝŝ àŝ ô éŝôŝ ô é éŝŝéçé ô àççûàç ô ûŝ ô ééà ô -à éé éŝéŝ ééé ô  ŝ ûçàô, à ôéŝ ô ûààéé à à çôé ô ŝûç éŝéŝ ŝ, ô  éà, àççûàé ô àôàé.

Book & Cover Design by Spears Media Press Cover Potograp: (CCO) Pexels.com

To He allen Foundîng FaHers o He Organîzaîon o Arîcan Unîy, wHîcH Has sînce morpHed îno He Arîcan Unîon & To He memorîes o my lae parens, Prînce Gabrîel Nîngmua Fomunung and Queen ElîzabeH S. Kayeba Fomunung, wHo saw and carrîed ou He needed sacrîices o ensure Ha I, along wîH all my sîblîngs, receîved He bes educaîon Ha Heîr modes inances could aford.

Contents

Acknowledgemens Inroducîon Lîs o Abbrevîaîons

Capter One Incepîon Capter Two Governance And Insîuîons Capter hree Inernaîonal Trade And Globalîzaîon Capter Four Governance Capter Fîve An Imporan Sep Forward Capter Sîx he Way Forward 2:1 Capter Seven Arîcan Invesors And Innovaors Capter Eîgt Recommendaîons And Prognosîs

Aterword Endnoes Index

| 

îx xî xv

1

14

26

48

55

63

72

77

89 91 95

ACKNOWLEDGEMENTS

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ô à é ô é ôô é çôéô ô  ôà  àûàé ŝçôô éûçàô,  ààŝ éŝôé ŝé -  à ôôk à ôû ŝéé àŝ à ûé ô éçŝô-àkéŝ ô à ûé ŝô à ééôé Āçà.  ôôk ŝ ô ô éàé ŝ ôk éçàûŝé  àŝ ôéàké  é éé ô àŝé à à, ô  ŝûŝéqûé àŝàé àçôŝŝ ô çôéŝ ô ŝéé  é ué Śàéŝ. ôéé, éé  ô ô à é éà éçôûàéŝ à ûàŝ ô ééé   çàà ô ôûçé ŝ k ô ôk,  ôû àé éàé à é éà. héŝé àçàéçŝ  é ô  àé éŝéàçéŝ, çàŝ à éàé éàŝ  é àôûŝ ûéŝéŝ. Ôé é éàŝ, é éé à éàéŝ ô  à àçéŝ ô ééôé à éàé ŝûjéçŝ, à ŝûéŝé à  ô- ûçé,  é ô ôŝ, “Ā Çôéû ô àéŝ” çôŝŝ ô à  àçéŝ é  àôûŝ jôûàŝ à éà. çà àô éŝé ééçûàŝ à àçàéçŝ àé uŚ-àŝé . Jé K. ôàô, . çô gôà, . Kéûà àà à  ôû é, . àŝçà ô  à. Āôé ôé àçàéç . Jûé ôkà ŝ é ôé ô  é îà é à ŝûéŝé ôà à ôû éé  àçàéç ŝààŝ àŝ é àŝ é ûŝé’ŝ éqûééŝ ô ŝ é ô àçàéç ôk. héŝé àé é ééé, àô à ôé ûàé, ô éçôûàé à ûé é ô ôé à ô-éçàé éô ô é à ôôk. wôû é éçôûà ôŝ à éé  é, ŝ ôôk ôû ô é ôŝŝé. ô éàç ô ôû,  ŝà, hàk yôû.  àŝ àŝô éçôûàé  ô éôé Çàéôôà jôûàŝŝ à éôŝ--çé ô é Çàéôô àôà àCameroon Trib- une,àé m. çà àô à m. Śé éé màû. hé ôû é ŝôé ô  àçéç àçéŝ ô é ô é ô ôéç é ô é çéŝôŝ à éôçéŝ ô ûàé é ô-ŝô-ôéà ŝŝé.  éôŝéç,  éà ô àéçàé é àçôŝ ç

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àé é é çôé ô  éŝŝàéŝ àç. ô éŝé ô é ô ôŝ, àççé  ôûŝé àkŝ ô ôû ôéŝŝôàŝ à çô- çé ô  ŝàé. ûéôé,  ôû àŝô ké ô àçkôéé é àéçé éôŝàé   éàûû é à àé, hééŝà Ā. ôû- û, ô àk  ŝé  àçŝ. Ôçé  ŝà ô é çôûé  ŝ ôôk,  ôû ôé é éŝéçé àŝ ŝ ôôk éç- ééçé ôé à éŝé ô ôûŝ  é ŝéç.  çàô àk é éôû ô àô é é ééé ŝàçé ô ôk ô ŝ ôôk.  àkéŝ ûéŝà  ôé’ŝ àé ô àçéé ŝ k ô  ôçûŝé ôk. hàk ôû,  ôé. àŝ û ô éàŝ, ŝ à ôû ééà—à ûŝé àûô  ŝ ô   ôû ôôkŝ çû à ô ô ŝ àé ô Āàô. Ā àûô à ôŝ, mbĀ ô u éà- ôà bûŝéŝŝ Śçôô, àŝ é àŝ à ééééû, ŝ ôû à ŝ éŝôŝé ô à ôàé é ô îà ŝ ô à é ŝ ôôk. ŝ éŝŝéçé ô é ô, àŝ é ôû ààŝ û , “û ôû éàé  ô é éôé   à ôôk ô ééôé” ŝ à îà ô é ôô é çôûé. hŝ ôû à àéŝ ô é ôé ô  ŝôŝ—Kéé Ś. ôûû à.k.à. Kéç. ô ô  é é é à îà ûé û ôôk éçôûŝ é ô é é éé ôôk. ô ôé àŝ éé àçé à ŝôéôé ô àŝ é à ûŝé ôû ôôkŝ. hàk ôû é ûç, ŝô, ô ôû çôîéçé   àéŝ à àŝŝŝàçé é ŝ ôôk. yôû àé  àé.  ô ŝà éàŝûé, à  çé, çû é ŝçà . Éô ôûû àŝô ôôk ééŝ , à éçôûàé é ô û  éééçéŝ à ûà  ôôk ô à ôû ééî ôéŝ.