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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 countries.
Cover -- Half Title -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- Preface -- List of Tables and Figures -- Abbreviations -- Modern Japanese History by Reign Period: A Chronology -- 1. The Japanese Development Model -- 2. Economic Autonomy and Adapting Foreign Technology -- 3. Guided Capitalism -- 4. The State and Indigenous Capitalism -- 5. Transfer of Agricultural Surplus -- 6. Low Industrial Wages -- 7. Industrial Dualism -- 8. Export Expansion and Import Substitution -- 9. Applying the Japanese Development Model -- References -- Glossary -- Index
This book looks at Japan's early economic modernization to see if today's low-income countries can learn any lessons. The author focuses on education, technology policy, capital formation, the transfer of savings from agriculture to industry, state aid to the private sector, improvement engineering in the informal sector, low wages, industrial dualism, export expansion, and resistance to Western imperialism (a strategy which included acquiring its own empire) under Japan's "guided capitalism." He criticizes modernization scholars for underemphasizing the damage of imperialism and the importance of economic autonomy and technological learning, the dependency school for prescribing trade reduction and neglecting market exchange-rate policies, and world-system theorists for rejecting the possibility of global economic growth
In: The Economics of peace and security journal: Eps journal, Volume 5, Issue 2
ISSN: 1749-852X
This article considers Nigeria's continuing conflict since independence, providing a valuable case study that illustrates the complexity and specificity of the factors and processes that engender conflict within countries. It argues that a major source of this conflict has been the domination of the Federation by the traditional ruling Fulani aristocracy and their allies in the Northern Region, who controlled rents from petroleum in the Delta. It discusses how the British establishment of a tripartite regional structure during colonialism enabled the traditional aristocracy to control the North, with a majority of Nigeria's population; the Northern victories in the clashes over census design; the dominance of petroleum in government revenue and foreign exchange; the negative post-1983 growth amid cycles of boom and bust; and the resulting urgency of the high-stakes rent seeking for controlling mining revenue paid by multinational corporations. Despite the expansion from three regions in 1960 to 36 states in 1996, the lopsided power of Northern elites has remained and so have the conflicts.
In: Advancing Development, p. 50-62
In: The Economics of peace and security journal: Eps journal, Volume 1, Issue 1
ISSN: 1749-852X
Five factors contribute to humanitarian crises in Africa. They are: stagnating and declining incomes, rising income inequality, avaricious competition to extract Africa's mineral wealth, military centrality, and a tradition of violent conflict. One factor - ethnic differences - turns out to be a symptom, not a cause of violence. The article discusses these, then continues to suggest that while recognizing that a number of African countries vulnerable to humanitarian emergencies are not amenable to political economy solutions, industrialized countries and international agencies bear substantial responsibility for modifying the international economic order to enhance economic growth and adjustment.
In: African and Asian studies: AAS, Volume 4, Issue 4, p. 443-464
ISSN: 1569-2094
In: African and Asian studies: AAS, Volume 4, Issue 4, p. 443-464
ISSN: 1569-2108
This paper examines the major ways in which the economic development model of Meiji Japan, 1868-1912, applies to contemporary Africa. The focus is on capital formation and technology policies that contributed to Meiji Japan's rapid industrial capitalist growth: self-directed strategies, technological borrowing, taking advantage of shifts in comparative advantage from the product cycle, educational policy, business assistance, financial institutions, transfer of agricultural savings to industry, low wages policy, industrial dualistic complementarity, and foreign-exchange rate policies conducive to export expansion. For each of these policies, the author analyzes the extent to which African countries can emulate Meiji Japan's approaches or whether changing circumstances require modification of the Japanese model.
In: Economic Development and Cultural Change, Volume 45, Issue 2, p. 464-470
ISSN: 1539-2988
In: Asian Industrialization and Africa, p. 53-85
In: The journal of modern African studies: a quarterly survey of politics, economics & related topics in contemporary Africa, Volume 28, Issue 1, p. 141-150
ISSN: 1469-7777
In: The journal of modern African studies: a quarterly survey of politics, economics & related topics in contemporary Africa, Volume 28, Issue 1, p. 141-150
ISSN: 0022-278X
In: The journal of modern African studies: a quarterly survey of politics, economics & related topics in contemporary Africa, Volume 28, Issue 1, p. 141-150
ISSN: 0022-278X
Drei Veröffentlichungen (J. Sender u. S. Smith: The Development of Capitalism in Africa, 1986; P. M. Lubeck: The African Bourgoisie: Capitalist Development in Nigeria, Kenya, and the Ivory Coast, 1987; P. Kennedy: African Capitalism: The Struggle for Ascending, 1988) sind die Basis einer Auseinandersetzung mit den Erscheinungsformen und Schwächen des afrikanischen Kapitalismus seit 1960: Staat und Kapitalismus; die kommerzielle Dreierbeziehung multinationaler Unternehmen, einheimischer Geschäftsleute und Staatsbeamter; Agrarkapitalismus. (DÜI-Hlb)
World Affairs Online
In: The journal of developing areas, Volume 22, Issue 2, p. 256-258
ISSN: 0022-037X