The historical origin of the African economic crisis: from colonialism to China
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Newcastle upon Tyne
Cambridge Scholars Publishing
2019
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| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis Klappentext |
| Beschreibung: | xi, 166 Seiten Diagramme |
| ISBN: | 1527526305 9781527526303 |
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Datensatz im Suchindex
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| adam_text | Table of Contents Preface and Major Findings of the Book.................................................... viii Acknowledgement......................................................................................... xii Chapter 1............................................................................................................ 1 Introduction: The African Economic Crisis and Its Policy Discourse 1.1 Introduction 1.2 The African Economic Crisis and Its Policy Discourse Chapter II....................................................................................................... 12 The Historical Origin of Africa’s Economic Linkage with Today’s Developed Countries (The West) 2.1 Pre-colonial trade in Africa 2.2 Formation of a commodity exporting and external finance constrained economy 2.2.1 The imperial self-sufficiency scheme 2.2.2 First and Second World Wars 2.2.3 Financing public utilities and commodity exports 2.3 Three macro regions of colonial Africa: The Amin-Nzula category Chapter III..................................................................................................... 28 The Implications for Post-Independence Africa 3.1 Commodity price cycles, growth and the African external sector 3.1.1 The first period of a rise in commodity prices (late 1960s to 1980) 3.1.2 The second period of a decline in commodity prices ( 1980sand 1990s) 3.2 Implications for the external finance problems of the continent 3.3 Summing Up
VI Table of Contents Chapter IV.......................................................................................................... 44 Is History Repeating Itself? The Current Africa-China Economic Engagement and Its Implications 4.1 Trade with China: Akin to ‘the imperial self-sufficiency scheme’ of the colonial period? 4.1.1 The Emerging Pattern of Trade, Trade Balance and Its Potential 4.1.2 The Nature of Commodities Traded and the Direction of this Trade 4.2 The Pattern of Chinese Finance: Akin to the ‘Financing Public Utilities’ Scheme of the Colonial Period? 4.2.1 FDI from China and the Primary Commodity Trade 4.2.2 Chinese Development Finance: The Angola Model and Beyond Chapter V........................................................................................................... 66 China-Africa Trade and Financial Engagements and their Implications for Structural Transformation 5.1 Challenges of Primary Commodity Dependence in Africa 5.1.1 Terms of Trade Deterioration and the Primary Sector Locking-in Effect of Trading with China. 5.1.2 Primary Commodity Dependence and Poor Quality of Growth 5.1.3 The Competitive Threat to Industrialization and the Challenge of Structural Transformation 5.2 Potential Opportunities of Engaging with China 5.2.1 Improvement in Terms of Trade and the Position of Africa in Global Politics 5.2.2 Infrastructure Building and Financing Development in Africa 5.2.3 Chinese Rebalancing and Its Implications for Manufacturing in Africa Chapter
VI..........................................................................................................87 The Success Story of East Asian and African Developmental States and the Lesson for Africa: A Focus on Trade and Industrial Policies 6.1. Introduction 6.2. Export Development Strategies, Export Success Stories and Lessons for Africa 6.3. Lessons from Asia’s Success Stories: The Cases of Taiwan and South Korea 6.3.1 Initial conditions
The Historical Origin of the African Economic Crisis vii 6.3.2 Trade, Industrial and Macroeconomic Policy Making in Taiwan and Korea 6.3.3 The Role of the State: The Political Economy of Trade and Industrial Policy Making 6.5 Dynamics of the Exporting Industries and the Role of Foreign Firms 6.6. Is it only Asia? African Developmental States: Botswana and Mauritius 6.6.1 Botswana’s Growth and Mineral Exports 6.6.2 Mauritius: Growth and Export Development Chapter VII..................................................................................................131 Conclusion 7.1 The Historical Legacy and Its Lessons 7.2 The Challenges of Trade and Industrialization Policies in Africa and the Lessons from the Success Stories References 142
This book illuminates the answers to various major questions on African development related to international trade and finance. It explores the economic interaction between Africa and the now-developed countries (the West) in the past and China today, as well as the legacy of these interactions for Africa’s growth and poverty reduction effort today. In addition, it discusses the implication of this legacy for Africa’s future development, and considers whether lessons can be drawn from this experience in terms of the continent’s future development? By providing in-depth historical and economic analysis conducted in non-technical terms, the book represents a valuable resource for policy makers, researchers, and students, as well as international organizations that focus on African development. Alemayehu Geda is currently Professor of Macroeconomics and International Economics at the Department of Economics of Addis Ababa University, Ethiopia. He is also a Research Professor at the SOAS, University of London, where he served as Senior Lecture between 2003 und 2005. His areas of research interest include international trade, development finance, macroeconomics, poverty, and the political economy of conflict in an African context. He is the author of over 40 research journal articles and book chapters and five books on African economies. He has also worked for a number of international organizations and African governments, including those of Ethiopia, Kenya, Uganda, Zambia, Sudan and South Africa. In addition, he has served as a macroeconomic expert for the African Union high-
level panel on the economic negotiations between North and South Sudan. 9781527526303 978-1-5275-2630-3 www.cambridgescholars.com Cover image courtesy of Pixabay, 2017 Cambridge Scholars Publishing
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| spelling | Alemayehu Geda Fole 1965- Verfasser (DE-588)124333389 aut The historical origin of the African economic crisis from colonialism to China by Alemayehu Geda Newcastle upon Tyne Cambridge Scholars Publishing 2019 xi, 166 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier Geschichte gnd rswk-swf Wirtschaftsentwicklung (DE-588)4066438-7 gnd rswk-swf Wirtschaftsbeziehungen (DE-588)4068297-3 gnd rswk-swf Afrika (DE-588)4000695-5 gnd rswk-swf Afrika (DE-588)4000695-5 g Wirtschaftsentwicklung (DE-588)4066438-7 s Geschichte z DE-604 Wirtschaftsbeziehungen (DE-588)4068297-3 s Digitalisierung UB Bayreuth - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030863328&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Digitalisierung UB Bayreuth - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030863328&sequence=000003&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Klappentext |
| spellingShingle | Alemayehu Geda Fole 1965- The historical origin of the African economic crisis from colonialism to China Wirtschaftsentwicklung (DE-588)4066438-7 gnd Wirtschaftsbeziehungen (DE-588)4068297-3 gnd |
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| title | The historical origin of the African economic crisis from colonialism to China |
| title_auth | The historical origin of the African economic crisis from colonialism to China |
| title_exact_search | The historical origin of the African economic crisis from colonialism to China |
| title_full | The historical origin of the African economic crisis from colonialism to China by Alemayehu Geda |
| title_fullStr | The historical origin of the African economic crisis from colonialism to China by Alemayehu Geda |
| title_full_unstemmed | The historical origin of the African economic crisis from colonialism to China by Alemayehu Geda |
| title_short | The historical origin of the African economic crisis |
| title_sort | the historical origin of the african economic crisis from colonialism to china |
| title_sub | from colonialism to China |
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