In light of the opportunities and the challenges facing African economies in the 21st century, this edited volume traces the evolution of poverty in the course of economic development in sub-Saharan Africa over the recent decades. By engaging with, and seeking to develop on, the work of Professor Erik Thorbecke, it examines the evolving dynamics of poverty in multiple dimensions. It also discusses how to lay down foundations for improved governance and institutions that will realize inclusive development in sub-Saharan Africa. Thus, the volume contributes to our understanding of dynamics of pro-poor growth and pro-growth poverty reduction, and to the on-going policy and academic debates on how to overcome fragility and vulnerability and secure inclusive development through socio-economic transformation in sub-Saharan Africa. The volume is divided into four parts; two overview chapters in Part 1 set out a common theme running through the volume. Four chapters in Part II examine an evolution of the poverty profile in different dimensions in sub-Saharan Africa since the new millennium. Part III presents three country case studies of tracing poverty dynamics under a country-specific institutional and policy environment. Part IV consists of three chapters, each of which addresses the question of how to advance an inclusive development agenda in sub-Saharan Africa, but from three different perspectives: structural changes, a governance framework, and an institutional foundation.

This book takes a unique approach to the topic of poverty reduction, primarily employing an international business framework as opposed to the usual economic or political lens. Some of the key ideas explored in the book include: poverty is primarily the lack of choices, not the lack of material possessions; attacking inequality of opportunity might be a more effective means to reduce poverty than attaching inequality of wealth; political systems matter, but individuals and for-profit firms also have a vital and indispensable role in helping to create the wealth needed to reduce poverty; and an effective corporate social responsibility strategy to help reduce poverty may include finding innovative and creative ways to operate profitably in areas of the world where poverty is currently robbing too many people of the opportunity to live their version of the good life. Building on such ideas, the book advocates for private companies to expand operations into the least developed regions of the world as part of their corporate social responsibility programs and to reframe the debates away from ones focused on exploitation and economic nationalism to one of creating opportunities across political borders.

This timely report presents a comprehensive view of the challenges of reconstruction facing the Bosnian authorities during the next three years, acknowledges the considerable difficulties in implementing their agenda, and points to the actions requiring the most urgent attention in the coming months. The report, prepared for the second donors' conference jointly sponsored by the European Union and the World Bank in April 1996, serves two purposes. First, it presents a framework for understanding the challenges facing Bosnia in the critical period ahead as it attempts simultaneously to rebuild its economy, strengthen economic management, and make the transition from a planned to a market economy. Second, it outlines background information on the new state and entity structures that have emerged since the signing of the Dayton and Paris peace accords. The report describes Bosnia's current macroeconomic situation, policies, and recent economic performance and articulates policy options for structural reforms in the public sector and in the enterprise and banking systems.

Exploring and updating the controversial debates about the relationship between democracy and development, this Research Handbook provides clarification on the complex and nuanced interlinkages between political regime type and socio-economic development. Distinguished scholars examine a broad range of issues from multidisciplinary perspectives across Africa, Asia, Europe, Latin America and the Middle East.

This volume analyzes the experiences of developing countries in Asia, Latin America, and Sub-Saharan Africa, and examines how they might catch up. Based on growth performance across the developing world over the last five decades, it offers a thorough account of the possibilities to engage in such processes in an increasingly globalized world. Together, the chapters highlight the diversity and variation of development pathways and provide valuable lessons and implications for how to approach this difficult question. The book shows the importance of acknowledging that the process of development is dynamic and that the possibilities for catch up are situation dependent. At the same time it makes clear that without structural change, and in particular agricultural transformation, sustained catch up is unlikely to happen. The volume demonstrates how analysis of current growth processes in developing countries can be enriched by paying closer attention to the multifaceted nature of both economic backwardness and successful pathways to escape it.

This book provides a robust theoretical and empirical exploration of the interrelationship between economic neoliberalism and international development. Putting the experiences of developing and transitional economies centre stage, the book investigates how their economic policies compare with the nature of economic liberalism during and after the significant economic reforms which took place from the mid-1980s. Beginning with two chapters which provide an introduction to the concept of economic neoliberalism, the second section focuses on its application to ‘practice’, and the book moves on to country/regional case studies, taken from Sub-Saharan Africa, South Asia, Latin America, China, and Eastern Europe. The book closes with some concluding remarks summarising some of the principal findings. Bringing together a wealth of expertise, this book clarifies controversial economic and political issues which have been significantly misunderstood in public discourse, and as such, it will be of interest to a range of researchers interested in the economic, social and political dynamics of developing and transitional countries.

Recent years have seen a sustained research effort exploring the African development experience. The extant literature has offered a large set of explanations as to why the African development record has lagged behind that of other regions of the developing world. This new volume brings international contributors together to focus on the role of growth and institutions. First, it provides brief evidence on the growth and institutional records, as well as on development outcomes, during the post-independence period. Second, it targets certain growth determinants, including industrial embeddedness, innovation, exchange rate regimes, and environmental quality. Third, it sheds light on the dynamics and distribution of growth, and on growth-enhancing sectors of the economy. Finally, it investigates several issues of institutional development, as well as institutions generating development outcomes. Though focused on these two key areas, the coverage strives to achieve a comprehensive analysis of how Africa’s development may have been enhanced or undermined and to offer lessons for the future. This volume is essential reading for all scholars of development economics and development studies.

This volume examines the evolution of poverty in the course of economic development and how to improve governance and institutions to realize inclusive development in sub-Saharan Africa.

Please note that the eBook version of this title does not include access to the CD-ROM contained in the print version. Africa Development Indicators 2006 provides the most detailed collection of data on Africa available in one volume. It contains about 450 macroeconomic, sectoral, and social indicators, covering 53 African countries. Designed to provide all those interested in Africa with a focused and convenient set of data to monitor development programs and aid flows in the region, this is an invaluable reference tool for analysts and policymakers who want a better understanding of the economic and social developments occurring in Africa.

There is no term so heavily contested in social science literature/nomenclature than ‘Development’. This book brings Indigenous perspectives to African develop¬ment. It is argued that contrary to development as we know it not working, a greater part of the problem is that conventional development approaches that work have in fact not truly been followed to the letter and hence the quagmire. All this is ironic since everything we do about our world is development. So, how come there is “difficult knowledge” when it comes to learning from what we know, i.e., what local peoples do and have done for centuries as a starting point to recon¬structing and reframing ‘development’? In getting our heads around this paradox, we are tempted to ask more questions. How do we as African scholars and research¬ers begin to develop “home-grown solutions” to our problems? How do we pioneer new analytical systems for understanding our communities and offer a pathway to genuine African development, i.e., Indigenist African development? (see also Yankah, 2004). How do we speak of Indigenist development mindful of global developments and entanglements around us? Can we afford to pursue development still mired in a “catch up” scenario? Are we in a race with the development world and where do we see this race ending or where do we define as the ‘finishing line’? A Publication of the Centre for School and Community Science and Technology Studies [SACOST], University of Education, Winneba, Ghana