Title: Private Enterprise-Led Economic Development in Sub-Saharan Africa
Description: "As a continent, Africa occupies nearly a quarter of the world's land area and is home for one-seventh of its population. But a large proportion of the people, especially those living in Sub-Sahara Africa (SSA), are mired in abject poverty. Recent years, however, have witnessed some positive developments. Six of the world's ten fastest-growing economies in 2010 were from there. But their growth has failed to translate into job creation and inclusive development. This experience has encouraged a renewed search for a sustainable economic development model for the sub-continent. Private Enterprise-Led Development in Sub-Saharan Africa provides a novel theoretical and conceptual model to guide research into Africa's economic development. It endorses the view that private enterprise-led growth will help reduce poverty since it strengthens individuals' capacity to care for themselves and their families. It also argues for an emphasis on soft economics (i.e. the human side of economic activities) and introduces human capability development as a new theoretical framework for understanding and studying economic growth and development. "--
Subjects: Free enterprise, Economic development, Africa, sub-saharan, economic conditions, BUSINESS & ECONOMICS / Development / Economic Development, BUSINESS & ECONOMICS / International / Economics, BUSINESS & ECONOMICS / Free Enterprise, BUSINESS & ECONOMICS / Development / Business Development, BUSINESS & ECONOMICS / Economic Conditions, Economic conditions, Economic history, Entrepreneurship, Wirtschaftswachstum