000 02015 a2200337 4500
001 131759682X
005 20250317100402.0
008 250312042015GB 64 eng
020 _a9781317596820
037 _bTaylor & Francis
_cGBP 45.99
_fBB
040 _a01
041 _aeng
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100 1 _aAugustin K. Fosu
245 1 0 _aGrowth and Institutions in African Development
250 _a1
260 _aOxford
_bRoutledge
_c20150324
300 _a398 p
520 _bRecent 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.
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