Economic Development in Ghana and Malaysia investigates why two countries that appeared to be at more or less the same stage of economic development at one point in time have diverged so substantially. At the time of their independence from the UK in 1957, both Ghana and Malaysia were at roughly the same stage of economic development; in fact, Ghana’s real per capita income was slightly ahead of Malaysia’s. Since then, Ghana’s development has been sluggish, while Malaysia’s economy has taken off into sustained growth and today, the real per capita income of Malaysia is about five times that of Ghana. This volume examines the pre-colonial and colonial economies of both countries, and the economic policies pursued after independence. In doing so, it aims to identify policies which might have contributed to Malaysia’s development and those which might have slowed Ghana’s. The authors ask whether lessons can be learned from the successes of countries such as Malaysia. This detailed comparative analysis will be useful to students and researchers of development economics as well as public policy makers in developing countries. It is written in language which makes it accessible to the general reader.

Within the theoretical framework of the trade-growth and structural transformation-growth nexuses, the book examines the evolution of African (goods and service) trade in terms of value and share of global commerce relative to other regions during the period 1948–2017. It also identifies and discusses discernible changes in the composition and structure of African exports and imports between 1995 and 2015 and their implications for economic development in Africa. The study attributes Africa's laggard trade performance during the period primarily to sub-optimal macroeconomic policies and lack of bold export development policies and initiatives, among other factors. It also offers an incisive discussion of several inhibitions to the structural transformation of African exports and imports, including lack of finance, globalization, tariff, and non-tariff measures in global markets. The discussion of the evolution of African trade during the period 1948–2017 based on statistics and publications of international organizations, including the UNCTAD, the World Bank, and the African Development Bank, among others, is the first of its kind in terms of scope and depth of review of African trade. The analyses of cross-border trade during 1948–2017 and their implications for Africa’s economic development prospects constitute a useful reference material for academics and students of African and development studies and African and international policymakers.

Today’s rapidly flowing global economy, hit by recession following the financial crisis of 2008/9, means the geographical economic perspective has never been more important. An Introduction to Economic Geography comprehensively guides you through the core issues and debates of this vibrant and exciting area, whilst also exploring the range of approaches and paradigms currently invigorating the wider discipline. Rigorous and accessible, the authors demystify and enliven a crucial subject for geographical study. Underpinned by the themes of globalisation, uneven development and place, the text explores the diversity and vitality of contemporary economic geography. It balances coverage of 'traditional' areas such as regional development and labour markets with insight into new and evolving topics like neoliberalism, consumption, creativity and alternative economic practices. An Introduction to Economic Geography is an essential textbook for undergraduate students taking courses in Economic Geography, Globalisation Studies and more broadly in Human Geography. It will also be of key interest to anyone in Planning, Business and Management Studies and Economics.

Published in 1997, this text is set in a context where Ghana has experienced improvements in aggregate output performance over the past decade (1986-1996) yet agriculture's performance remains sub-optimal. The author focuses on agriculture's fragmentation as attributable to space (storage, transportation and marketing), form (rudimentary production methods in general) and content (stagnent productivity and poor organization of production) and notes that whilst current policies have impinged on the space fragmentation, issues on form and content seem to have been left to the dictates of the market. The author calls for a strategy of government plan in promoting modern technology in agriculture to enhance its linkage to industry for rapid and sustainable economic growth.

The Routledge Handbook of Africa–Asia Relations is the first handbook aimed at studying the interactions between countries across Africa and Asia in a multi-disciplinary and comprehensive way. Providing a balanced discussion of historical and on-going processes which have both shaped and changed intercontinental relations over time, contributors take a thematic approach to examine the ways in which we can conceptualise these two very different, yet inextricably linked areas of the world. Using comparative examples throughout, the chronological sections cover: • Early colonialist contacts between Africa and Asia; • Modern Asia–Africa interactions through diplomacy, political networks and societal connections; • Africa–Asia contemporary relations, including increasing economic, security and environmental cooperation. This handbook grapples with major intellectual questions, defines current research, and projects future agendas of investigation in the field. As such, it will be of great interest to students of African and Asian Politics, as well as researchers and policymakers interested in Asian and African Studies.

When are developing countries able to initiate periods of rapid growth and why have so few been able to sustain growth over decades? This book provides a novel conceptual framework built from a political economy of business-government relations and applies it to nine countries across Africa and Asia, drawing actionable policy recommendations.

Oxford Political Theory presents the best new work in contemporary political theory. It is intended to be broad in scope, including original contributions to political philosophy, and also work in applied political theory. The series will contain works of outstanding quality with no restriction as to approach or subject matter. Series Editors: Will Kymlicka, David Miller, and Alan Ryan. This book presents a non-cosmopolitan theory of global justice. In contrast to theories that seek to extend principles of social justice, such as equality of opportunity or resources, to the world as a whole, it argues that in a world made up of self-determining national communities, a different conception is needed. The book presents and defends an account of national responsibility which entails that nations may justifiably claim the benefits that their decisions and policies produce, while also being held liable for harms that they inflict on other peoples. Such collective responsibility extends to responsibility for the national past, so the present generation may owe redress to those who have been harmed by the actions of their predecessors. Global justice, therefore, must be understood not in terms of equality, but in terms of a minimum set of basic rights that belong to human beings everywhere. Where these rights are being violated or threatened, remedial responsibility may fall on outsiders. The book considers how this responsibility should be allocated, and how far citizens of democratic societies must limit their pursuit of domestic objectives in order to discharge their global obligations. The book presents a systematic challenge to existing theories of global justice without retreating to a narrow nationalism that denies that we have any responsibilities to the world's poor. It combines discussion of practical questions such as immigration and foreign aid with philosophical exploration of, for instance, the different senses of responsibility, and the grounds of human rights.

A comprehensive review of major political events in Ghana, with critical comments, during the past 50 years. The book takes off where its predecessor The New Ghana, the international best seller published in 1958, Ghana’s first independence anniversary, ended. Absorbing, balanced and detailed, it is nevertheless controversial and challenging. Unique for its vignettes on all the major personalities of the five decades that the author has been privileged to interact with. The book challenges certain myths about the Trans-Atlantic Slave Trade. The slow rate of development in Ghana in particular and Africa in general: the reasons why Ghana, despite its vast natural and mineral resources, is still a developing country. Traditions and customs which negate the rapid development of Ghana and robustly reviewed. What killed Nkrumah? Was Nkrumah anti-white? These are only a few of the interesting questions that the book attempts to answer. The book, which is unique in many ways, ends on a note of hope and expectation – that the next 5 years would be better than the last half century. Only time can tell.

Since the 1960s the per capita incomes of the resource-poor countries have grown significantly faster than those of the resource-abundant countries. In fact, in recent years economic growth has been inversely proportional to the share of natural resource rents in GDP, so that the small mineral-driven economies have performed least well and the oil-driven economies worst of all. Yet the mineral-driven resource-rich economies have high growth potential because the mineral exports boost their capacity to invest and to import. "Resource Abundance and Economic Development" explains the disappointing performance of resource-abundant countries by extending the growth accounting framework to include natural and social capital. The resulting synthesis identifies two contrasting development trajectories: the competitive industrialization of the resource-poor countries and the staple trap of many resource-abundant countries. The resource-poor countries are less prone to policy failure than the resource-abundant countries because social pressures force the political state to align its interests with the majority poor and follow relatively prudent policies. Resource-abundant countries are more likely to engender political states in which vested interests vie to capture resource surpluses (rents) at the expense of policy coherence. A longer dependence on primary product exports also delays industrialization, heightens income inequality, and retards skill accumulation. Fears of 'Dutch disease' encourage efforts to force industrialization through trade policy to protect infant industry. The resulting slow-maturing manufacturing sector demands transfers from the primary sector that outstrip the natural resource rents and sap the competitiveness of the economy. The chapters in this collection draw upon historical analysis and models to show that a growth collapse is not the inevitable outcome of resource abundance and that policy counts. Malaysia, a rare example of successful resource-abundant development, is contrasted with Ghana, Bolivia, Saudi Arabia, Mexico, and Argentina, which all experienced a growth collapse. The book also explores policies for reviving collapsed economies with reference to Costa Rica, South Africa, Russia and Central Asia. It demonstrates the importance of initial conditions to successful economic reform.