IDEAS home Printed from https://ideas.repec.org/a/oup/cambje/v25y2001i3p265-88.html
   My bibliography  Save this article

African Economic Development in a Comparative Perspective

Author

Listed:
  • Akyuz, Yilmaz
  • Gore, Charles

Abstract

Conventional explanations of poor African economic performance generally fail to pay adequate attention to causal mechanisms of growth, decline and stagnation. Many African countries experienced investment booms after independence but, in contrast to East Asian newly industrialising economies, these were not sustained owing to failure to establish a virtuous growth circle involving complementary increases in savings and exports. Structural adjustment programmes dismantled stat-mediated mechanisms of accumulation without putting viable alternatives in place, and failed to tackle the structural constraints which impede productivity growth in agriculture. A new policy approach, drawing on the experience of both post-colonial and adjustment periods, is necessary. Copyright 2001 by Oxford University Press.

Suggested Citation

  • Akyuz, Yilmaz & Gore, Charles, 2001. "African Economic Development in a Comparative Perspective," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 25(3), pages 265-288, May.
    • Handle: RePEc:oup:cambje:v:25:y:2001:i:3:p:265-88
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ho, Sin-Yu & Njindan Iyke, Bernard, 2018. "Short- and Long-term Impact of Trade Openness on Financial Development in Sub-Saharan Africa," MPRA Paper 84272, University Library of Munich, Germany.
    2. Fofack, Hippolyte, 2008. "Technology trap and poverty trap in Sub-Saharan Africa," Policy Research Working Paper Series 4582, The World Bank.
    3. Karel Tomšík & Luboš Smutka, 2013. "Selected aspects and specifics of the economic development in sub-Saharan Africa," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 61(2), pages 517-528.
    4. Yilmaz Akyuz, 2006. "From Liberalization To Investment and Jobs: Lost in Translation," Working Papers 2006/3, Turkish Economic Association.
    5. Sindzingre, Alice, 2021. "Truth vs. justification: Contrasting heterodox and mainstream thinking on development via the example of austerity in Africa," IPE Working Papers 155/2021, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    6. Fofack, Hippolyte, 2009. "Africa and Arab Gulf states : divergent development paths and prospects for convergence," Policy Research Working Paper Series 5025, The World Bank.
    7. Nin-Pratt, Alejandro & Johnson, Michael & Magalhaes, Eduardo & Diao, Xinshen & You, Liang & Chamberlin, Jordan, 2009. "Priorities for realizing the potential to increase agricultural productivity and growth in Western and Central Africa:," IFPRI discussion papers 876, International Food Policy Research Institute (IFPRI).
    8. Akyüz, Yılmaz., 2006. "From liberalization to investment and jobs : lost in translation," ILO Working Papers 993913203402676, International Labour Organization.
    9. Alice Nicole Sindzingre, 2021. "Truth vs justification: contrasting heterodox and mainstream thinking on development via the example of austerity in Africa," CEPN Working Papers hal-03139457, HAL.
    10. Jörg MAYER, 2001. "Technology Diffusion, Human Capital And Economic Growth In Developing Countries," UNCTAD Discussion Papers 154, United Nations Conference on Trade and Development.
    11. Diego Sánchez-Ancochea, 2005. "Capitalismo, desarrollo y Estado. Una revisión crítica de la teoría del Estado de Schumpeter," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 7(13), pages 81-100, July-Dece.
    12. Zoltan Acs & José Amorós, 2008. "Entrepreneurship and competitiveness dynamics in Latin America," Small Business Economics, Springer, vol. 31(3), pages 305-322, October.
    13. Fofack, Hippolyte, 2010. "Conflicts and returns to stability in developing countries : a comparative analysis," Policy Research Working Paper Series 5428, The World Bank.
    14. Halkos, George & Tzeremes, Nickolaos, 2011. "Examining the influence of access to improved water and sanitation sources on countries’ economic efficiency," MPRA Paper 30099, University Library of Munich, Germany.
    15. Lahimer, Noomen, 2009. "La contribution des investissements directs étrangers à la réduction de la pauvreté en Afrique subsaharienne," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/1167 edited by Goaied, Mohamed & Bienaymé, Alain.
    16. repec:ilo:ilowps:391320 is not listed on IDEAS
    17. Alice Sindzingre, 2021. "Assessing the Concept of Change in International Financial Institutions' Theories and Policies: The Example of Sub-Saharan African Countries," Post-Print halshs-03625137, HAL.
    18. Black Anthony & McLennan Thomas & Makundi Brian, 2017. "Working Paper 282 - Africa’s Automotive Industry Potential and Challenges," Working Paper Series 2412, African Development Bank.
    19. Richard B. Dadzie, 2013. "Economic Development and the Developmental State," Journal of Developing Societies, , vol. 29(2), pages 123-154, June.
    20. Jackson, Emerson Abraham & Jabbie, Mohamed, 2020. "Import Substitution Industrialization [ISI]: An approach to Global Economic Sustainability," MPRA Paper 102316, University Library of Munich, Germany, revised 03 Jul 2020.
    21. John Kuada, 2016. "Enterprise Growth and Global Competitiveness - An African Perspective," Research Africa Network Working Papers 16/001, Research Africa Network (RAN).
    22. Alice Nicole Sindzingre, 2021. "Truth vs justification: contrasting heterodox and mainstream thinking on development via the example of austerity in Africa," Working Papers hal-03139457, HAL.
    23. Oyelaran-Oyeyinka, Banji, 2005. "Systems of Innovation and Underdevelopment: An Institutional Perspective," UNU-INTECH Discussion Paper Series 2005-01, United Nations University - INTECH.
    24. Fofack, Hippolyte, 2009. "Determinants of globalization and growth prospects for Sub-Saharan African countries," Policy Research Working Paper Series 5019, The World Bank.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:cambje:v:25:y:2001:i:3:p:265-88. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/cje .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.