The Paradox of Africa's Poverty

The Paradox of Africa's Poverty

Author: Tirfe Mammo

Publisher: The Red Sea Press

Published: 1999

Total Pages: 292

ISBN-13: 9781569020494

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Taking Ethiopia as a case study, this work examines the prevailing views on the poverty of much of Africa and argues that the current situation can be reversed by attacking the root causes of poverty - once they are properly understood.


Book Synopsis The Paradox of Africa's Poverty by : Tirfe Mammo

Download or read book The Paradox of Africa's Poverty written by Tirfe Mammo and published by The Red Sea Press. This book was released on 1999 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking Ethiopia as a case study, this work examines the prevailing views on the poverty of much of Africa and argues that the current situation can be reversed by attacking the root causes of poverty - once they are properly understood.


The Policy Paradox in Africa

The Policy Paradox in Africa

Author: Elias Ayuk

Publisher: IDRC

Published: 2007

Total Pages: 320

ISBN-13: 1552503356

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It provided technical and financial support to economic research centres in sub-Sahara Africa (SSA) so that they can undertake policy-relevant research with the goal of influencing economic policy-making. In January 2005, the Secretariat organized an international conference in Dakar, Senegal, during which participants from key economic think tanks presented their experiences in the policy development process in Africa. Of particular interest was the role of economic research and economic researchers in policy-making. The authors examine the extent to which economic policies that are formulated in the sub-continent draw from research based on local realities and undertaken by local researchers and research networks in Africa.


Book Synopsis The Policy Paradox in Africa by : Elias Ayuk

Download or read book The Policy Paradox in Africa written by Elias Ayuk and published by IDRC. This book was released on 2007 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: It provided technical and financial support to economic research centres in sub-Sahara Africa (SSA) so that they can undertake policy-relevant research with the goal of influencing economic policy-making. In January 2005, the Secretariat organized an international conference in Dakar, Senegal, during which participants from key economic think tanks presented their experiences in the policy development process in Africa. Of particular interest was the role of economic research and economic researchers in policy-making. The authors examine the extent to which economic policies that are formulated in the sub-continent draw from research based on local realities and undertaken by local researchers and research networks in Africa.


The African Paradox: Is China the Solution?

The African Paradox: Is China the Solution?

Author: Allan Afuah

Publisher: CreateSpace

Published: 2010-07-12

Total Pages: 194

ISBN-13: 9780615368290

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Why is Africa so poor? Contrary to prevailing arguments, The African Paradox; Is China the Solution argues that Africa's poverty has little or nothing to do with corruption, colonialism, slavery, tribalism, war and disease, etc. Rather, Africa has remained poor because it has not learned how to create value-how to make the products or offer the services that people need. Why has it not been able to learn how to create value? The book offers five reasons. First, driven by a false sense of entitlement, many Africans have focused on value capture rather than value creation-focused on finding ways to consumer what others have made rather than learning how to do things for themselves. Second, it has not been in the interest of rich countries and their businesses to help African countries build value creation capabilities. It does not make sense for rich countries to make smart rivals out of loyal customers and suppliers. Third, the timing has not been right, yet. Fourth, African countries have failed to identify their strengths and opportunities and capitalize on them. Fifth, Africa and its benefactors have failed to understand that the transformation of Africa from poor to rich is a radical innovation, and therefore failed to pursue the right strategies. The book offers five strategies that African countries can use to dig themselves out of poverty. It also argues that China can be a huge part of the solution to Africa's poverty problem.


Book Synopsis The African Paradox: Is China the Solution? by : Allan Afuah

Download or read book The African Paradox: Is China the Solution? written by Allan Afuah and published by CreateSpace. This book was released on 2010-07-12 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why is Africa so poor? Contrary to prevailing arguments, The African Paradox; Is China the Solution argues that Africa's poverty has little or nothing to do with corruption, colonialism, slavery, tribalism, war and disease, etc. Rather, Africa has remained poor because it has not learned how to create value-how to make the products or offer the services that people need. Why has it not been able to learn how to create value? The book offers five reasons. First, driven by a false sense of entitlement, many Africans have focused on value capture rather than value creation-focused on finding ways to consumer what others have made rather than learning how to do things for themselves. Second, it has not been in the interest of rich countries and their businesses to help African countries build value creation capabilities. It does not make sense for rich countries to make smart rivals out of loyal customers and suppliers. Third, the timing has not been right, yet. Fourth, African countries have failed to identify their strengths and opportunities and capitalize on them. Fifth, Africa and its benefactors have failed to understand that the transformation of Africa from poor to rich is a radical innovation, and therefore failed to pursue the right strategies. The book offers five strategies that African countries can use to dig themselves out of poverty. It also argues that China can be a huge part of the solution to Africa's poverty problem.


Poverty, Inequality, and Democracy

Poverty, Inequality, and Democracy

Author: Francis Fukuyama

Publisher: JHU Press

Published: 2012-03

Total Pages: 212

ISBN-13: 1421405709

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The rise of populism in new democracies, especially in Latin America, has brought renewed urgency to the question of how liberal democracy deals with issues of poverty and inequality. Citizens who feel that democracy failed to improve their economic condition are often vulnerable to the appeal of political leaders with authoritarian tendencies. To counteract this trend, liberal democracies must establish policies that will reduce socioeconomic disparities without violating liberal principles, interfering with economic growth, or ignoring the consensus of the people. Poverty, Inequality, and Democracy addresses the complicated philosophical and moral issues surrounding the distribution of economic goods in free societies as well as the empirical relationships between democratization and trends in poverty and inequality. This volume also discusses the variety of welfare-state policies that have been adopted in different regions of the world. The book’s distinguished group of contributors provides a succinct synthesis of the scholarship on this topic. They address such broad issues as whether democracy promotes inequality, the socioeconomic factors that drive democratic failure, and the basic choices that societies must make as they decide how to deal with inequality. Chapters focus on particular regions or countries, examining how problems of poverty and inequality have been handled (or mishandled) by newer democracies in Latin America, Eastern Europe, Africa, and Asia. Poverty, Inequality, and Democracy will prove vital reading for all students of world politics, political economy, and democracy’s global prospects. Contributors: Dan Banik, Nancy Bermeo, Dorothee Bohle, Nathan Converse, Alberto Díaz-Cayeros, Francis Fukuyama, Béla Greskovits, Stephan Haggard, Ethan B. Kapstein, Robert R. Kaufman, Taekyoon Kim, Huck-Ju Kwon, Jooha Lee, Peter Lewis, Beatriz Magaloni, Mitchell A. Orenstein, Marc F. Plattner, Charles Simkins, Alejandro Toledo, Ilcheong Yi


Book Synopsis Poverty, Inequality, and Democracy by : Francis Fukuyama

Download or read book Poverty, Inequality, and Democracy written by Francis Fukuyama and published by JHU Press. This book was released on 2012-03 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of populism in new democracies, especially in Latin America, has brought renewed urgency to the question of how liberal democracy deals with issues of poverty and inequality. Citizens who feel that democracy failed to improve their economic condition are often vulnerable to the appeal of political leaders with authoritarian tendencies. To counteract this trend, liberal democracies must establish policies that will reduce socioeconomic disparities without violating liberal principles, interfering with economic growth, or ignoring the consensus of the people. Poverty, Inequality, and Democracy addresses the complicated philosophical and moral issues surrounding the distribution of economic goods in free societies as well as the empirical relationships between democratization and trends in poverty and inequality. This volume also discusses the variety of welfare-state policies that have been adopted in different regions of the world. The book’s distinguished group of contributors provides a succinct synthesis of the scholarship on this topic. They address such broad issues as whether democracy promotes inequality, the socioeconomic factors that drive democratic failure, and the basic choices that societies must make as they decide how to deal with inequality. Chapters focus on particular regions or countries, examining how problems of poverty and inequality have been handled (or mishandled) by newer democracies in Latin America, Eastern Europe, Africa, and Asia. Poverty, Inequality, and Democracy will prove vital reading for all students of world politics, political economy, and democracy’s global prospects. Contributors: Dan Banik, Nancy Bermeo, Dorothee Bohle, Nathan Converse, Alberto Díaz-Cayeros, Francis Fukuyama, Béla Greskovits, Stephan Haggard, Ethan B. Kapstein, Robert R. Kaufman, Taekyoon Kim, Huck-Ju Kwon, Jooha Lee, Peter Lewis, Beatriz Magaloni, Mitchell A. Orenstein, Marc F. Plattner, Charles Simkins, Alejandro Toledo, Ilcheong Yi


The Prosperity Paradox

The Prosperity Paradox

Author: Clayton M. Christensen

Publisher: HarperCollins

Published: 2019-01-15

Total Pages: 415

ISBN-13: 0062851837

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Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times bestseller How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offers a groundbreaking solution for true and lasting change. Global poverty is one of the world’s most vexing problems. For decades, we’ve assumed smart, well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, infrastructure to eradicating corruption, too many solutions rely on trial and error. Essentially, the plan is often to identify areas that need help, flood them with resources, and hope to see change over time. But hope is not an effective strategy. Clayton M. Christensen and his co-authors reveal a paradox at the heart of our approach to solving poverty. While noble, our current solutions are not producing consistent results, and in some cases, have exacerbated the problem. At least twenty countries that have received billions of dollars’ worth of aid are poorer now. Applying the rigorous and theory-driven analysis he is known for, Christensen suggests a better way. The right kind of innovation not only builds companies—but also builds countries. The Prosperity Paradox identifies the limits of common economic development models, which tend to be top-down efforts, and offers a new framework for economic growth based on entrepreneurship and market-creating innovation. Christensen, Ojomo, and Dillon use successful examples from America’s own economic development, including Ford, Eastman Kodak, and Singer Sewing Machines, and shows how similar models have worked in other regions such as Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico. The ideas in this book will help companies desperate for real, long-term growth see actual, sustainable progress where they’ve failed before. But The Prosperity Paradox is more than a business book; it is a call to action for anyone who wants a fresh take for making the world a better and more prosperous place.


Book Synopsis The Prosperity Paradox by : Clayton M. Christensen

Download or read book The Prosperity Paradox written by Clayton M. Christensen and published by HarperCollins. This book was released on 2019-01-15 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times bestseller How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offers a groundbreaking solution for true and lasting change. Global poverty is one of the world’s most vexing problems. For decades, we’ve assumed smart, well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, infrastructure to eradicating corruption, too many solutions rely on trial and error. Essentially, the plan is often to identify areas that need help, flood them with resources, and hope to see change over time. But hope is not an effective strategy. Clayton M. Christensen and his co-authors reveal a paradox at the heart of our approach to solving poverty. While noble, our current solutions are not producing consistent results, and in some cases, have exacerbated the problem. At least twenty countries that have received billions of dollars’ worth of aid are poorer now. Applying the rigorous and theory-driven analysis he is known for, Christensen suggests a better way. The right kind of innovation not only builds companies—but also builds countries. The Prosperity Paradox identifies the limits of common economic development models, which tend to be top-down efforts, and offers a new framework for economic growth based on entrepreneurship and market-creating innovation. Christensen, Ojomo, and Dillon use successful examples from America’s own economic development, including Ford, Eastman Kodak, and Singer Sewing Machines, and shows how similar models have worked in other regions such as Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico. The ideas in this book will help companies desperate for real, long-term growth see actual, sustainable progress where they’ve failed before. But The Prosperity Paradox is more than a business book; it is a call to action for anyone who wants a fresh take for making the world a better and more prosperous place.


Accelerating Poverty Reduction in Africa

Accelerating Poverty Reduction in Africa

Author: Kathleen Beegle

Publisher: World Bank Publications

Published: 2019-10-09

Total Pages: 451

ISBN-13: 1464812330

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Sub-Saharan Africa's turnaround over the past couple of decades has been dramatic. After many years in decline, the continent's economy picked up in the mid-1990s. Along with this macroeconomic growth, people became healthier, many more youngsters attended schools, and the rate of extreme poverty declined from 54 percent in 1990 to 41 percent in 2015. Political and social freedoms expanded, and gender equality advanced. Conflict in the region also subsided, although it still claims thousands of civilian lives in some countries and still drives pressing numbers of displaced persons. Despite Africa’s widespread economic and social welfare accomplishments, the region’s challenges remain daunting: Economic growth has slowed in recent years. Poverty rates in many countries are the highest in the world. And notably, the number of poor in Africa is rising because of population growth. From a global perspective, the biggest concentration of poverty has shifted from South Asia to Africa. Accelerating Poverty Reduction in Africa explores critical policy entry points to address the demographic, societal, and political drivers of poverty; improve income-earning opportunities both on and off the farm; and better mobilize resources for the poor. It looks beyond macroeconomic stability and growth—critical yet insufficient components of these objectives—to ask what more could be done and where policy makers should focus their attention to speed up poverty reduction. The pro-poor policy agenda advanced in this volume requires not only economic growth where the poor work and live, but also mitigation of the many risks to which African households are exposed. As such, this report takes a "jobs" lens to its task. It focuses squarely on the productivity and livelihoods of the poor and vulnerable—that is, what it will take to increase their earnings. Finally, it presents a road map for financing the poverty and development agenda.


Book Synopsis Accelerating Poverty Reduction in Africa by : Kathleen Beegle

Download or read book Accelerating Poverty Reduction in Africa written by Kathleen Beegle and published by World Bank Publications. This book was released on 2019-10-09 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sub-Saharan Africa's turnaround over the past couple of decades has been dramatic. After many years in decline, the continent's economy picked up in the mid-1990s. Along with this macroeconomic growth, people became healthier, many more youngsters attended schools, and the rate of extreme poverty declined from 54 percent in 1990 to 41 percent in 2015. Political and social freedoms expanded, and gender equality advanced. Conflict in the region also subsided, although it still claims thousands of civilian lives in some countries and still drives pressing numbers of displaced persons. Despite Africa’s widespread economic and social welfare accomplishments, the region’s challenges remain daunting: Economic growth has slowed in recent years. Poverty rates in many countries are the highest in the world. And notably, the number of poor in Africa is rising because of population growth. From a global perspective, the biggest concentration of poverty has shifted from South Asia to Africa. Accelerating Poverty Reduction in Africa explores critical policy entry points to address the demographic, societal, and political drivers of poverty; improve income-earning opportunities both on and off the farm; and better mobilize resources for the poor. It looks beyond macroeconomic stability and growth—critical yet insufficient components of these objectives—to ask what more could be done and where policy makers should focus their attention to speed up poverty reduction. The pro-poor policy agenda advanced in this volume requires not only economic growth where the poor work and live, but also mitigation of the many risks to which African households are exposed. As such, this report takes a "jobs" lens to its task. It focuses squarely on the productivity and livelihoods of the poor and vulnerable—that is, what it will take to increase their earnings. Finally, it presents a road map for financing the poverty and development agenda.


The Paradox of Poverty

The Paradox of Poverty

Author: Paul Steidlmeier

Publisher: Ballinger Publishing Company

Published: 1987

Total Pages: 350

ISBN-13: 9780887301841

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Affirming that North American economic development literature has generally overemphasised the variables of population, resources and technology in its analysis of poverty and hunger, this research attempts to be comprehensive by integrating the role of social power and participation, as well as that of culture.


Book Synopsis The Paradox of Poverty by : Paul Steidlmeier

Download or read book The Paradox of Poverty written by Paul Steidlmeier and published by Ballinger Publishing Company. This book was released on 1987 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Affirming that North American economic development literature has generally overemphasised the variables of population, resources and technology in its analysis of poverty and hunger, this research attempts to be comprehensive by integrating the role of social power and participation, as well as that of culture.


Dead Aid

Dead Aid

Author: Dambisa Moyo

Publisher: Macmillan

Published: 2009-03-17

Total Pages: 209

ISBN-13: 0374139563

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Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries.


Book Synopsis Dead Aid by : Dambisa Moyo

Download or read book Dead Aid written by Dambisa Moyo and published by Macmillan. This book was released on 2009-03-17 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries.


Why Africa is Poor

Why Africa is Poor

Author: Greg Mills

Publisher: Penguin Random House South Africa

Published: 2012-10-01

Total Pages: 583

ISBN-13: 014352903X

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Economic growth does not demand a secret formula. Good development examples now abound in East Asia and further afield in others parts of Asia, and in Central America. But why then has Africa failed to realise its potential in half a century of independence? Why Africa is Poor demonstrates that Africa is poor not because the world has denied the continent the market and financial means to compete: far from it. It has not been because of aid per se. Nor is African poverty solely a consequence of poor infrastructure or trade access, or because the necessary development and technical expertise is unavailable internationally. Why then has the continent lagged behind other developing areas when its people work hard and the continent is blessed with abundant natural resources? Stomping across the continent and the developing world in search of the answer, Greg Mills controversially shows that the main reason why Africa's people are poor is because their leaders have made this choice.


Book Synopsis Why Africa is Poor by : Greg Mills

Download or read book Why Africa is Poor written by Greg Mills and published by Penguin Random House South Africa. This book was released on 2012-10-01 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth does not demand a secret formula. Good development examples now abound in East Asia and further afield in others parts of Asia, and in Central America. But why then has Africa failed to realise its potential in half a century of independence? Why Africa is Poor demonstrates that Africa is poor not because the world has denied the continent the market and financial means to compete: far from it. It has not been because of aid per se. Nor is African poverty solely a consequence of poor infrastructure or trade access, or because the necessary development and technical expertise is unavailable internationally. Why then has the continent lagged behind other developing areas when its people work hard and the continent is blessed with abundant natural resources? Stomping across the continent and the developing world in search of the answer, Greg Mills controversially shows that the main reason why Africa's people are poor is because their leaders have made this choice.


Poverty in a Rising Africa

Poverty in a Rising Africa

Author: Kathleen Beegle

Publisher: World Bank Publications

Published: 2016-03-10

Total Pages: 164

ISBN-13: 1464807248

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Perceptions of Africa have changed dramatically. Viewed as a continent of wars, famines and entrenched poverty in the late 1990s, there is now a focus on “Africa rising†? and an “African 21st century.†? Two decades of unprecedented economic growth in Africa should have brought substantial improvements in well-being. Whether or not they did, remains unclear given the poor quality of the data, the nature of the growth process (especially the role of natural resources), conflicts that affect part of the region, and high population growth. Poverty in a Rising Africa documents the data challenges and systematically reviews the evidence on poverty from monetary and nonmonetary perspectives, as well as a focus on dimensions of inequality. Chapter 1 maps out the availability and quality of the data needed to track monetary poverty, reflects on the governance and political processes that underpin the current situation with respect to data production, and describes some approaches to addressing the data gaps. Chapter 2 evaluates the robustness of the estimates of poverty in Africa. It concludes that poverty reduction in Africa may be slightly greater than traditional estimates suggest, although even the most optimistic estimates of poverty reduction imply that more people lived in poverty in 2012 than in 1990. A broad-stroke profile of poverty and trends in poverty in the region is presented. Chapter 3 broadens the view of poverty by considering nonmonetary dimensions of well-being, such as education, health, and freedom, using Sen's (1985) capabilities and functioning approach. While progress has been made in a number of these areas, levels remain stubbornly low. Chapter 4 reviews the evidence on inequality in Africa. It looks not only at patterns of monetary inequality in Africa but also other dimensions, including inequality of opportunity, intergenerational mobility in occupation and education, and extreme wealth in Africa.


Book Synopsis Poverty in a Rising Africa by : Kathleen Beegle

Download or read book Poverty in a Rising Africa written by Kathleen Beegle and published by World Bank Publications. This book was released on 2016-03-10 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perceptions of Africa have changed dramatically. Viewed as a continent of wars, famines and entrenched poverty in the late 1990s, there is now a focus on “Africa rising†? and an “African 21st century.†? Two decades of unprecedented economic growth in Africa should have brought substantial improvements in well-being. Whether or not they did, remains unclear given the poor quality of the data, the nature of the growth process (especially the role of natural resources), conflicts that affect part of the region, and high population growth. Poverty in a Rising Africa documents the data challenges and systematically reviews the evidence on poverty from monetary and nonmonetary perspectives, as well as a focus on dimensions of inequality. Chapter 1 maps out the availability and quality of the data needed to track monetary poverty, reflects on the governance and political processes that underpin the current situation with respect to data production, and describes some approaches to addressing the data gaps. Chapter 2 evaluates the robustness of the estimates of poverty in Africa. It concludes that poverty reduction in Africa may be slightly greater than traditional estimates suggest, although even the most optimistic estimates of poverty reduction imply that more people lived in poverty in 2012 than in 1990. A broad-stroke profile of poverty and trends in poverty in the region is presented. Chapter 3 broadens the view of poverty by considering nonmonetary dimensions of well-being, such as education, health, and freedom, using Sen's (1985) capabilities and functioning approach. While progress has been made in a number of these areas, levels remain stubbornly low. Chapter 4 reviews the evidence on inequality in Africa. It looks not only at patterns of monetary inequality in Africa but also other dimensions, including inequality of opportunity, intergenerational mobility in occupation and education, and extreme wealth in Africa.