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Cameroon's suboptimal economic experience since independence (1960) sheds light on broader issues of Africa's development narrative, and provides valuable economic and policy knowledge. While Cameroon's large informal economy is diverse and resilient and rooted in old business traditions, its formal economy has exhibited low productivity and employment growth for over 60 years. This has brought anger, disappointment, and violent conflict in several regions of the country. The Oxford Handbook of the Economy of Cameroon examines the reasons of Cameroon's unsatisfactory economic performance and draws lessons from successful development experience to help tackle these issues. The Handbook provides a critical assessment of the history, patterns, and strategies of economic development in Cameroon, and outlines new approaches to economic enquiry for prosperity and social change. Through Cameroon's governance story, the handbook analyzes the evolving conceptions of economic policy, takes stock of intellectual progress, documents the challenges of implementation, and outlines the intellectual and policy agenda ahead. For a developing country increases in per capita income arise from advances in technology arise from closing the knowledge and technology gap with those at the frontier. And within any country (especially one like Cameroon), there is enormous scope for productivity improvement simply by closing the gap between best practices and average practices. Standards of living can therefore be improved through the implementation of pertinent learning strategies. In this Oxford Handbook of the Economy of Cameroon, an international team of leading development economists and researchers address the wide range of issues facing Cameroon and provide guiding principles on how best the country (and other developing nations) could move human, capital, and financial resources from low- to high-productivity sectors in a constantly changing global economy.
For a long time, economic research on Africa was not seen as a profitable venture intellectually or professionally-few researchers in top-ranked institutions around the world chose to become experts in the field. This was understandable: the reputation of Africa-centered economic research was not enhanced by the well-known limitations of economic data across the continent. Moreover, development economics itself was not always fashionable, and the broader discipline of economics has had its ups and downs, and has been undergoing a major identity crisis because it failed to predict the Great Recession. Times have changed: many leading researchers-including a few Nobel laureates-have taken the subject of Africa and economics seriously enough to devote their expertise and creativity to it. They have been amply rewarded: the richness, complexities, and subtleties of African societies, civilizations, rationalities, and ways of living, have helped renew the humanities and the social sciences-and economics in particular-to the point that the continent has become the next major intellectual frontier to researchers from around the world. In collecting some of the most authoritative statements about the science of economics and its concepts in the African context, this ^lhandbook (the first of two volumes) opens up the diverse acuity of commentary on exciting topics, and in the process challenges and stimulates the quest for knowledge. Wide-ranging in its scope, themes, language, and approaches, this volume explores, examines, and assesses economic thinking on Africa, and Africa's contribution to the discipline. The editors bring a set of powerful resources to this endeavor, most notably a team of internationally-renowned economists whose diverse viewpoints are complemented by the perspectives of philosophers, political scientists, and anthropologists.
1 Economic Geography: Transition and Growth Gordon L Clark and Maryann Feldmann and Meric Gertler 2 Economic Geography: The Great Half Century Allen Scott Part I Conceptual Perspectives Section 1 Mapping the Territory 3 Where in the World is the 'New Economic Geography'? Paul Krugman 4 Doing Regulation Jamie Peck Section 2 Analytical Frameworks 5 The New Economics of Urban and Regional Growth Ed Glaeser 6 Geography or Economics? Conceptions of Space, Time, Interdependence, and Agency Eric Sheppard Part II Global Economic Integration Section 3 Investment and Trade 7 The Geography of International Investment Tony Venables and Howard Shatz 8 Globalization, Localization, and Trade Michael Storpor Section 4 Development and Underdevelopment 9 Geography and Economic Development John Gallup and Andrew Mellinger and Jeffrey Sachs 10 The Great Tablecloth: Bread and Butter Politics and the Political Economy of Food and Poverty Michael Watts Section 5 Finance Capital 11 The Regulation of International Finance Risto Laulajainen 12 Finance and Localities Adam Tickell Part III Corporate Structure, Strategy, and Location Section 6 Competition, Location, and Strategy 13 Locations, Clusters, and Company Strategy Michael Porter 14 Places and Flows: Situating International Investment Peter Dicken 15 The Globalization of Retail Capital: Themes for Economic Geography Neil Wrigley Section 7 Remaking the Corporation 16 The Management of Time and Space Erica Schoenberger 17 Corporate Form and Spatial Form David B. Audretsch Part IV The Geography of Innovation Section 8 National and Localized Learning 18 National States and Economic Development: from National Systems of Production to National Systems of Knowledge Creation and Learning Bengt-Ake Lundvall and Peter Maskell 19 Location and Innovation: The New Economic Geography of Innovation, Spillover, and Agglomeration Maryann Feldman 20 Restructuring and Innovation in Long Term Regional Change Cristiano Antonelli Section 9 Districts and Regional Innovation Systems 21 Industrial Districts: The Contributions of Marshall and Beyond Bjorn Asheim 22 Innovation Networks, Regions, and Globalization Beat Hotz-Hart Part V Localities and Difference Section 10 Labour and Locality 23 Local Labour Markets: Their Nature, Performance, and Regulation Ron Martin 24 Firms, Workers, and the Geographic Concentration of Economic Activity Gordon Hanson Section 11 Gender, Race, and Place 25 Feminists Rethink the Economic: The Economics of Gender/the Gender of Economics Linda McDowelll 26 Racial and Economic Segregation in US Metropolitan Areas John Kain Section 12 Communities, Politics, and Power 27 Elite Power, Global Forces, and the Political Economy of Global Development Eric Swyngedouw 28 Economic Geography in Practice: Local Economic Development Policy Amy Glasmeier Part VI Global Transformations Section 13 Environment and Regulation 29 Markets and Environmental Quality R. Kerry Turner 30 Environmental Innovation and Regulation David Angel Section 14 Trade and Investment Blocs 31 Spontaneous Integration in Japan and East Asia: Development Crisis and Beyond Tetsuo Abo 32 Regional Economic Integration in North America John Holmes 33 The EU as more than a Triad Market for National Economic Spaces Ash Amin Part VII Coda 34 Pandora's Box? Cultural Geographies of Economies Nigel Thrift.
Bringing together African and international scholars, this book gives an account of the present state of the discipline of political science in Africa - generating insights into its present and future trajectories, and assessing the freedom with which it is practiced. Tackling subjects including the decolonization of the discipline, political scientists as public intellectuals, and the teaching of political science, this diverse range of perspectives paints a detailed picture of the impact and relevance of the political science discipline on the continent during the struggles for democratization, and the influence it continues to exert today.
The first fifteen years of the 21st century have thrown into sharp relief the challenges of growth, equity, stability, and sustainability facing the world economy. In addition, they have exposed the inadequacies of mainstream economics in providing answers to these challenges. This volume gathers over 50 leading scholars from around the world to offer a forward-looking perspective of economic geography to understanding the various building blocks, relationships, and trajectories in the world economy. The perspective is at the same time grounded in theory and in the experiences of particular places. Reviewing state-of-the-art of economic geography, setting agendas, and with illustrations and empirical evidence from all over the world, the book should be an essential reference for students, researchers, as well as strategists and policy makers. Building on the success of the first edition, this volume offers a radically revised, updated, and broader approach to economic geography. With the backdrop of the global financial crisis, finance is investigated in chapters on financial stability, financial innovation, global financial networks, the global map of savings and investments, and financialization. Environmental challenges are addressed in chapters on resource economies, vulnerability of regions to climate change, carbon markets, and energy transitions. Distribution and consumption feature alongside more established topics on the firm, innovation, and work. The handbook also captures the theoretical and conceptual innovations of the last fifteen years, including evolutionary economic geography and the global production networks approach. Addressing the dangers of inequality, instability, and environmental crisis head-on, the volume concludes with strategies for growth and new ways of envisioning the spatiality of economy for the future.
This Oxford Handbook provides a critical assessment of the history, patterns, and strategies of economic transformation. It deals with major themes including policy issues, illuminating country experiences, and important debates on the respective roles of the market and the state.
A popular myth about the travails of Africa holds that the continent's long history of poor economic performance reflects the inability of its leaders and policymakers to fulfill the long list of preconditions to be met before sustained growth can be achieved. These conditions are said to vary from the necessary quantity and quality of physical and human capital to the appropriate institutions and business environments. While intellectually charming and often elegantly formulated, that conventional wisdom is actually contradicted by historical evidence and common sense. It also suggests a form of intellectual mimicry that posits a unique path to prosperity for all countries regardless of their level of development and economic structure. In fact, the argument underlining that reasoning is tautological, and the policy prescriptions derived from it are fatally teleological: low-income countries are by definition those where such ingredients are missing. None of today's high-income countries started its growth process with the "required" and complete list of growth ingredients. Unless one truly believes that the continent of Africa-and most developing countries-are ruled predominantly if not exclusively by plutocrats with a high propensity for sadomasochism, the conventional view must be re-examined, debated, and questioned. This volume-the second of the ^lOxford Handbook of Africa and Economics-reassesses the economic policies and practices observed across the continent since independence. It offers a collection of analyses by some of the leading economists and development thinkers of our time, and reflects a wide range of perspectives and viewpoints. Africa's emergence as a potential economic powerhouse in the years and decades ahead amply justifies the scope and ambition of the book.
This book discusses mineral economies in Botswana, Chile, Colombia, Indonesia, Jamaica, Namibia, Papua New Guinea, Peru, and Trinidad and Tobago.
This book establishes a novel behavioural theory of economic development to illustrate that differences in human behaviour across cities and regions, both individually and collectively, are a significant deep-rooted cause of uneven development within and across nations.