Africa's turn?
By: Edward Miguel ; foreword by William R. Easterly.
Series: Boston review book
Publisher: MIT Press
Published: 2009
Place of publication: Cambridge, MA
Language: eng
Number of pages: 161
ISBN-13: 9780262012898
Subjects: Political stability -- Africa, Sub-Saharan -- 21st century; Africa, Sub-Saharan -- Economic conditions -- 21st century; Africa, Sub-Saharan -- Politics and government -- 21st century
Description: "By the end of the twentieth century, sub-Saharan Africa had experienced twenty-five years of economic and political disaster. While 'economic miracles' in China and India raised hundreds of millions from extreme poverty, Africa seemed to have been overtaken by violent conflict and mass destitution, and ranked lowest in the world in just about every economic and social indicator. Working in Busia, a small Kenyan border town, economist Edward Miguel began to notice something different starting in 1997: modest but steady economic progress, with new construction projects, flower markets, shops, and ubiquitous cell phones. In "Africa's Turn?" Miguel tracks a decade of comparably hopeful economic trends throughout sub-Saharan Africa and suggests that we may be seeing a turnaround. He bases his hopes on a range of recent changes: democracy is finally taking root in many countries; China's successes have fueled large-scale investment in Africa; and rising commodity prices have helped as well. Miguel warns, though, that the growth is fragile. Violence and climate change could derail it quickly, and he argues for specific international assistance when drought and civil strife loom."--Book cover.