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Following a surge in oil revenues in the 1970s, Nigeria became one of Africa’s most rapidly developing nations. In Nigerian Capitalism, Sayre P. Schatz analyzes the country’s political economy, assessing its position and proposing a development plan for the final quarter of the twentieth century. Referring to Nigeria’s economic development strategy as "nurture-capitalism," Sayre contrasts the role of private enterprise, which is expected to foster growth of the productive sector of the economy, with the government’s role, which is to nurture the capitalist sector generally and to favor indigenous enterprise in particular. The author examines the development of Nigerian nurture-capitalism from 1949 to the launching of and early experience with the Third Plan (1975–80), with emphasis on the post-civil war 1970s. He then turns to an intensive study of indigenous business and possible impediments to the development of Nigerian private enterprise, analyzing the role of capital availability, entrepreneurship, and the economic environment. Sayre demonstrates that there are substantial divergences between private profitability and social utility and that there is an abundance of socially useful investment possibilities for indigenous businessmen. The author next turns to a study of the government business-assistance programs, and their economic, administrative, and political characteristics. Finally, he assesses the sources of successful investment and makes a case for enhanced socially useful investments. Comparing “pragmatic developmentalism,” “pragmatic socialism,” and “thoroughgoing socialism,” he proposes a pragmatic orientation that postpones ideological decisions as long as practicable. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1977.
In this book, Hilary Sunman considers the day-to-day experience of her father, Owen, who served in the Colonial Agricultural Service from 1928-1950. Weaving together a human and family story, she combines her father's work with her own experience as a development economist to discuss colonial policy. Focusing on themes such as All the the 'White Highlands', race, colonial leadership, and the rise of the Mau Mau, she looks at the academic training in agricultural science offered as preparation for the colonial service as well as the attraction of Africa and the idealism felt by many young officers. Using her family as a case study, she examines the realities of life in Kenya for the wives and children of colonial officers, as well as for the officers themselves.
Interdisciplinary research study of land tenure, the agricultural economy, and the transition from subsistence farming to commercial farming in the buganda region of presentday Uganda - includes the results of a field study of farms and farmers in six counties, covers social status and cultural factors, the labour supply of rural workers, agricultural management, etc., and summarizes the research methodology. Bibliography pp. 323 to 329, maps and statistical tables.
Originally published in 1979. In this forcefully argued book, Milton Santos shows that contemporary explanations of urbanization and spatial organization in underdeveloped countries are inadequate. This failure is attributable to their origins in theories elaborated to explain the development of advanced Western societies. Santos' work provides the basis for the new theory which is so badly needed. He describes the urban economy in these countries in terms of two circuits of activity – an upper circuit consisting of those enterprises and structures which are based on modern technology and are oriented towards the advanced capitalist world, and a lower circuit comprised of more traditional processes and forms of exchange. The dialectical interaction of these two circuits is seen to generate the patterns of growth, forms of State intervention and, above all, the spatial organization characteristic of Third World economies. This was a revision and translation of L’Espace Partagé (1975).
A university level economics textbook by Dr. George B. N. Ayittey that provides instruction in both micro and macro, all with a focus on African institutions and illustrated with African examples.