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Hermeneutics of Ceteris Paribus in the African Context

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  • Jackson, Emerson Aabraham

Abstract

This article has provided a philosophical discourse approach in deconstructing Ceteris Paribus (CP) as applied in contemporary Africa. The concept of CP, which affirm the notion of ‘all things are equal’ does not always hold true in the real world. The author has gone beyond the normal interpretation of the word shock, which is making it impossible for the CP concept to hold true in reality. The paper has unraveled critical discourses spanning corruption element as a key factor in the current state of Africa’s economic malaise. It is therefore incumbent on African scholars and professionals to continue their strides in promoting critical hermeneutic space, pursued through empirical endeavours or otherwise in support of developing a philosophy that is based on pragmatism for the enhancement of economic methodology, focused on the continent’s pathway of (sustained) economic development.

Suggested Citation

  • Jackson, Emerson Aabraham, 2017. "Hermeneutics of Ceteris Paribus in the African Context," MPRA Paper 97817, University Library of Munich, Germany, revised 05 Oct 2018.
    • Handle: RePEc:pra:mprapa:97817
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    File URL: https://mpra.ub.uni-muenchen.de/97817/1/MPRA_paper_97817.pdf
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    References listed on IDEAS

    as
    1. Vito Tanzi, 1998. "Corruption Around the World: Causes, Consequences, Scope, and Cures," IMF Staff Papers, Palgrave Macmillan, vol. 45(4), pages 559-594, December.
    2. Mr. Vito Tanzi, 1998. "Corruption Around the World: Causes, Consequences, Scope, and Cures," IMF Working Papers 1998/063, International Monetary Fund.
    3. Paulo Gala & Ademar Danilo Araújo Fernandes & Ademar Bernardo Stuhlberger Wjuniski, 2012. "Pluralism in Economics: From Epistemology to Hermeneutics," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 13(1), pages 1-14.
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    Cited by:

    1. Jackson, Emerson Abraham, 2020. "Economics of Technology Innovation for Sustainable Growth – With reference to Sub-Saharan Africa (SSA)," MPRA Paper 101787, University Library of Munich, Germany, revised 27 May 2020.
    2. Jackson, Emerson Abraham, 2020. "Understanding SLL / US$ exchange rate dynamics in Sierra Leone using Box-Jenkins ARIMA approach," MPRA Paper 97965, University Library of Munich, Germany, revised 03 Jan 2020.
    3. Jackson, Emerson Abraham, 2020. "Fostering Sustainable Innovation through Creative Destruction Theory," MPRA Paper 102174, University Library of Munich, Germany, revised 21 Mar 2020.
    4. 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.

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    More about this item

    Keywords

    hermeneutics; critical discourses; Ceteris Paribus (CP); African philosophy; corruption;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General

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