Africa
Subtitle: why economists get it wrong
By: Morten Jerven
Contributors: International African Institute; Royal African Society; World Peace Foundation
Series: African arguments; African arguments
Publisher: Zed Books, in association with International African Institute, Royal African Society, World Peace Foundation
Published: 2015
Language: eng
Number of pages: 160
ISBN-13: 9781783601325; 9781783601332
Subjects: Economic policy; Economic development; Forecasting; Economics; Economic conditions
Description: For the first time in generations, Africa is spoken of these days with enthusiastic hope: no longer seen as a hopeless morass of poverty, the continent instead is described as "Africa Rising," a land of enormous economic potential that is just beginning to be tapped. With Africa: Why Economists Get It Wrong, Morten Jerven offers a bracing corrective. Neither story, he shows, is accurate. In truth, most African economies have been growing rapidly since the 1990s--and, until a collapse in the 70s and 80s, they had been growing reliably for decades. Puncturing weak analysis that relies too much on those two lost decades, Jerven redraws our picture of Africas past, present, and potential.--Publisher website.
Notes: Includes bibliographical references (pages 140-154) and index.
Table of contents: title: Misunderstanding economic growth in Africa; title: Trapped in history?; title: African growth recurring; title: Africa's statistical tragedy?