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The Oxford Handbook of Africa and Economics Celestin Monga (Managing Director at the United Nations Industrial Development Organization (UNIDO))

The Oxford Handbook of Africa and Economics By Celestin Monga (Managing Director at the United Nations Industrial Development Organization (UNIDO))

The Oxford Handbook of Africa and Economics by Celestin Monga (Managing Director at the United Nations Industrial Development Organization (UNIDO))

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Identifies the central themes, issues, questions, and methods of analysis of economics, and discusses how they have been approached in the African context over time. Reviews and documents how the study of African societies has contributed to and shaped major fields of the discipline of economics.

The Oxford Handbook of Africa and Economics Summary

The Oxford Handbook of Africa and Economics: Volume 1: Context and Concepts by Celestin Monga (Managing Director at the United Nations Industrial Development Organization (UNIDO))

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.

About Celestin Monga (Managing Director at the United Nations Industrial Development Organization (UNIDO))

Celestin Monga is Vice-President and Chief Economist of the African Development Bank Group. He previously served as Managing Director at the United Nations Industrial Development Organization (UNIDO), and Senior Economic Adviser-Director at the World Bank. He is also a Visiting Professor of Economics at the University of Paris 1 Pantheon-Sorbonne and Peking University. Dr. Monga has published extensively on various dimensions of economic and political development. His books have been translated into several languages and are widely used as teaching tools in academic institutions around the world. His most recent works include Beating the Odds: Jump-Starting Developing Countries (Princeton University Press, 2017), with Justin Yifu Lin; and Nihilism and Negritude: Ways of Living in Africa (Harvard University Press, 2016). Dr. Monga holds graduate degrees from MIT, Harvard University, the Universities of Paris and Pau. Justin Yifu Lin is Councillor of the State Council and Professor and Honorary Dean of the National School of Development at Peking University. He was the Senior Vice President and Chief Economist of the World Bank, 2008-2012. Prior to this, Professor Lin served for 15 years as Founding Director and Professor of the China Centre for Economic Research (CCER) at Peking University. He is a member of the Standing Committee, Chinese People's Political Consultation Conference, and Vice Chairman of the All-China Federation of Industry and Commerce. He is a Corresponding Fellow of the British Academy and a Fellow of the Academy of Sciences for Developing World.

Table of Contents

Celestin Monga and Justin Yifu Lin: Introduction: Africa, the Next Intellectual Frontier Part I: Concepts 1: Fabien Eboussi Boulaga: Prolegomena to Economics as an African Science: A Philosophical Meditation 2: Kathleen Beegle, Calogero Carletto, Benjamin Davis, and Alberto Zezza: Households and Income in Africa 3: Catherine Guirkinger and Jean-Philippe Platteau: Transformation of African Farm-cum-Family Structures 4: Ragui Assaad and Caroline Krafft: The Economics of Marriage in North Africa: A Unifying Theoretical Framework 5: Christopher Malikane: The Theory of the Firm in the African Context 6: Jane I. Guyer: Markets and Urban Provisioning 7: Alan Gelb, Christian J. Meyer, and Vijaya Ramachandran: Development as Diffusion: Manufacturing Productivity and Africa's Missing Middle 8: Stephen Golub and Faraz Hayat: Employment, Unemployment, and Underemployment in Africa 9: Mthuli Ncube: Inclusive Growth in Africa 10: Abebe Shimeles: Poverty: Shifting Fortunes and New Perspectives 11: Arne Bigsten: Dimensions of African Inequality 12: Richard Joseph: Inclusive Growth and Developmental Governance: The Next African Frontiers 13: Melissa A. Thomas: Economics and the Study of Corruption in Africa 14: Francois Bourguignon: Thoughts on Development: The African Experience 15: Hippolyte Fofack: The Idea of Economic Development: Views from Africa Part II: Methodological Issues 16: Celestin Monga: Principles of Economics: African Challenges 17: Felwine Sarr: Economics and Culture in Africa 18: Laura Camfield: The Economics of Non-Cognitive Skills 19: Andrew Berg, Shu-Chun S. Yang, and Luis-Felipe Zanna: Modeling African Economies: A DSGE Approach 20: Morten Jerven: Measuring Economic Progress in the African Context 21: Patrick Guillaumont: Measuring Structural Economic Vulnerability in Africa 22: Celestin Monga: Measuring Democracy: An Economic Approach 23: Olumide Taiwo and Julius A. Agbor: Measurement and Analysis of Competitiveness Part III: Historical Trajectories and Economic Landscape 24: Paul Collier: Africa's New Economic Opportunities 25: Christopher Cramer and Ha-Joon Chang: Tigers or Tiger Prawns? The African Growth 'Tragedy' and 'Renaissance' in Perspective 26: Warren C. Whatley: The Economic Legacies of the African Slave Trades 27: Gareth Austin: The Economics of Colonialism in Africa 28: Olu Ajakaije and Afeikhena Jerome: Public-Private Interface for Inclusive Development in Africa 29: Ibrahim Ahmed Elbadawi and Nadir Abdellatif Mohammed: Natural Resources in Africa: Precious Boon or Precious Bane? 30: Xubei Luo: Volatility and Vulnerability 31: Maria E. (Mila) Freire, Somik Lall, and Danny Leipziger: Africa's Urbanization: Challenges and Opportunities 32: Tomonori Sudo: Environmental and Climate Change Issues in Africa 33: Ahmadou Aly Mbaye and Nancy Benjamin: Informality, Growth and Development in Africa 34: Scott D. Taylor: Capitalism and African Business Cultures Part IV: The Economics of Political Transformation 35: Takaaki Masaki and Nicolas van de Walle: The Impact of Democracy on Economic Growth in Sub-Saharan Africa, 1982-2012 36: Raj M. Desai, Anders Olofsgard, and Tarik M. Yousef: The Economics of Authoritarianism in North Africa 37: Mustapha Kamel Nabli and Hakim Ben Hammouda: The Potential Economic Dividends of North African Revolutions 38: Anke Hoeffler: The Economics of Violent Conflict and War in Africa 39: Juliet Elu and Gregory Price: The Causes and Consequences of Terrorism in Africa 40: Mustapha Kamel Nabli and Hakim Ben Hammouda: The Political Economy of the New Arab Awakening 41: Roger B. Myerson: Democratic Decentralization and Economic Development 42: Nadareh Chamlou: The Economics of Happiness and Anger in North Africa

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The Oxford Handbook of Africa and Economics: Volume 1: Context and Concepts by Celestin Monga (Managing Director at the United Nations Industrial Development Organization (UNIDO))
Oxford University Press
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