Nafziger explains the reasons for the recent fast growth of India, Poland, Brazil, China, and other Pacific Rim countries, and the slow, yet essential, growth for a turnaround of sub-Saharan Africa. The book is suitable for those with a background in economics principles. The fifth edition of the text, written by a scholar of developing countries, is replete with real-world examples and up-to-date information. Nafziger discusses poverty, income inequality, hunger, unemployment, the environment and carbon-dioxide emissions, and the widening gap between rich (including middle-income) and poor countries. Other new components include the rise and fall of models based on Russia, Japan, China/Taiwan/Korea and North America; randomized experiments to assess aid; an exploration of whether information technology and mobile phones can provide poor countries with a shortcut to prosperity; and a discussion of how worldwide financial crises, debt, and trade and capital markets affect developing
This study of inequality in Africa, first published in 1988, not only rejected the orthodox approach of the World Bank and the International Monetary Fund, which neglected income distribution and advocated greater external economic reliance, but also the statist Lagos Plan of Action, which supported comprehensive planning, large capital-intensive state firms, and increased government intervention in peasant prices. Wayne Nafziger's political economy analysis shows how the colonial legacy, the contemporary global economic system, and the ruling elites' policies of co-opting labour, favouring urban areas, distributing benefits communally, and spending on education to maintain inter-generational class exacerbate discrepancies between regions, urban and rural areas, and bourgeoisie and workers, even under 'African socialism'. The author's policy discussion eschews technoeconomic solutions, arguing that reducing inequality requires democratising political participation as well as economic
Since the end of the cold war, the number of civil wars in developing countries has escalated to the point where they are the most significant source of human suffering in the world today. Although th
Since the end of the cold war, the number of civil wars in developing countries has escalated to the point where they are the most significant source of human suffering in the world today. Although th
