The politics of Development Economy in the South: Problems and Prospects
Publisher: Gabtony & Associates (Nig.) Ltd. in collaboration with Development Studies Research Group (DESREG)
Published: 1999, revised edition, 2006
Place of publication: Owerri, Nigeria
Description: This book is brand new from beginning to end. It is similar to my old book, The Politics of Development Economy: For the Underdeveloped and Developing Nations, only in that it covers most of the same themes and draws the same conclusions that nations of the South should follow alternative paths for the actualization of their development aspirations and goals other than the ones prescribed and/or forcefully imposed on them by the industrialized economies through the prescriptions of the Washington Consensus.This has become absolutely necessary because of the unique historical development of the South; the failure of the past development programs recommended by the West, and the contemporary realities in these impoverished nations at the turn of the millennium.
This new book reflects the realities of the globalizing process. It examines the complex dynamics of contemporary capitalism and the challenges and opportunities of development therein.  It also provides a systematic explanation of the evolution of the problem of underdevelopment and the contemporary trends of the politics of development economy in the South.
We have contributed our own quota in the robust literature on the realities in the South and the complexities of North-South relations. We attempted to solve this enormous problem through our contribution of The World Stratification Methodology. It is an explanatory and an analytical tool formulated to guide our inquiry, a searchlight used in our attempt to find solutions to the problems of development in the South. This methodology postulates that our contemporary world is divided into 'five worlds'; and it augments and improves our appreciation and understanding of the dynamics of development in the South.
The World Stratification Methodology champions the repositioning  of the Geneva Consensus as an alternative approach to development, and canvasses its adoption as a path towards the actualizing dynamic and sustainable development in the South. The Geneva Consensus acknowledges that the goals of development extend far beyond the objectives of economic growth. They include the fair distribution of  the world's scarce resources, poverty alleviation, and socially and environmentally sustainable development. These goals of development could  best be attained through a more inclusive and participatory process of policy-making involving all groups in the society.
Table of contents: title: Table of Contents; title: Chapter One / Introduction / 1; title: Chapter Two / Understanding Development Economy / 11; title: Chapter Three / Characteristics of Underdeveloped Nations / 24; title: Chapter Four / Dependency Theory: Syndrome and Perspectives / 38; title: Chapter Five / Understanding the Dynamism of Development / 53; title: Chapter Six / Sustained and Sustainable Development / 80; title: Chapter Seven / Contemporary Issues on Poverty / 91; title: Chapter Eight / Regional and Sub-regional Economic Integration and Cooperation among African Nations / 134; title: Chapter Nine / International Economic Development Perspectives in the Underdeveloped and Developing Nations / 158; title: Chapter Ten / Classification of Underdeveloped and Developing Nations: The World Stratification Methodology / 177; title: Glossary / 201; title: Index / 210