1.

Record Nr.

UNINA9910815514803321

Autore

Jerven Morten <1978->

Titolo

Africa : why economists get it wrong / / Morten Jerven

Pubbl/distr/stampa

London, [England] : , : Zed Books in association with International African Institute Royal African Society World Peace Foundation, , 2015

©2015

ISBN

1-78360-135-3

1-78360-134-5

Descrizione fisica

1 online resource (172 p.)

Collana

African Arguments

Disciplina

330.96

Soggetti

Economic development - Africa

Economics - Africa

Africa Economic conditions

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Front Cover ; African Arguments; About the Author ; Title Page ; Copyright ; Contents ; Tables and Figures ; Acknowledgments ; Introduction ; From Explaining Slow Growth to Explaining Low Income ; How Economists Have Misunderstood Growth in Africa ; 1: Misunderstanding Economic Growth in Africa; Correlation Is Not Causation ; Garbage In, Garbage Out; The African Dummy Variable ; Misrepresenting the African Economic Growth Record ; The Subtraction Approach ; Aid Dependency ; Deficient Public Services ; Bad Policies ; Bad Governance ; A Leap of Faith ; 2: Trapped in History?

The Historical Evidence of Growth Explaining Variation in Income 'Today'; Root Causes of African Underdevelopment ; Initial Conditions: Bad Geography and Wrong Technology ; Ethnicity ; Settlers and Institutions ; 'Causal History' or 'Compression of History'?; Ceteris Paribus: History Matters ; 3: African Growth Recurring; The Political Economy of Episodic Growth in Africa ; The Importance of Economic Growth ; From Slavery to Cash Crops: Growth in Precolonial and Colonial Africa ; Growth in Africa Since 1950 ; Prospects for Growth ; World Markets ; Political Conditions

The Factors of Production Poverty, Inequality and Economic Growth:



Some Precautions ; 4: Africa's Statistical Tragedy?; Benchmark Years ; How Much Do We Know About Income and Growth in Africa? ; Correlates of Growth ; Interpreting the Growth Evidence ; The Politics of African Economic Statistics ; Conclusion ; How We are Misled by Mainstream Economics ; Learning from History ; Getting African Economies Right ; Notes ; Bibliography ; Index ; Back Cover

Sommario/riassunto

An accessible, eye-opening account that fundamentally challenges mainstream accounts of economic growth in Africa