The Political Economy of Africa addresses the real possibilities for African
development in the coming decades when seen in the light of the continent’s economic
performance over the last half-century. This involves an effort to emancipate our thinking
from the grip of western economic models that have often ignored Africa’s diversity in
their rush to peddle simple nostrums of dubious merit.
The book addresses the seemingly intractable economic problems of the African
continent, and traces their origins. It also brings out the instances of successful
economic change, and the possibilities for economic revival and renewal. As well as
surveying the variety of contemporary situations, the text will provide readers with a
firm grasp of the historical background to the topic.
It explores issues such as:
- employment and poverty
- social policy and security
- structural adjustment programs and neo-liberal globalization
- majority rule and democratization
- taxation and resource mobilization.
It contains a selection of country specific case studies from a range of international
contributors, many of whom have lived and worked in Africa. The book will be of particular
interest to higher level students in political economy, development studies, area studies
(Africa) and economics in general.
Vishnu Padayachee
is Senior Professor and Head of the School of Development
Studies at the University of KwaZulu-Natal, South Africa.
Table of Contents
1. Introducing the African Economy Vishnu Padayachee and Keith Hart
Part 1: African Political Economy in Overview
2. The African Tragedy: International and National Roots Peter
Lawrence
3. The Social Context of African Economic Growth 1960-2008 Bill Freund
4. From the Political Economy of Development to Development Economics: Implications for
Africa Ben Fine
Part 2: Analytical Perspectives on Africa
5. Agro-Pessimism, Capitalism and Agrarian Change: Trajectories and Contradictions in
Sub-Saharan Africa Carlos Oya
6. The Political Economy of Taxation and Resource Mobilisation in Sub-Saharan Africa Jonathan
di John
7. Africa's Revolving Door: External Borrowing and Capital Flight in Sub-Saharan Africa
James Boyce and Leonce Ndikumana
8. The Political Economy of Social Policy and Social Security in Sub-Saharan Africa Stephen
Devereux and Francie Lund
9. Aid, Development and the State in Africa Carlos Oya and Nicolas Pons-Vignon
10. Employment, Poverty and Inclusive Development in Africa: Policy Choices in the
Context of Widespread Informality James Heintz
11. Street Trading in Africa: Demographic Trends, Planning and Trader Organization Caroline
Skinner
12. Africa and the ‘Second New Economy’: How Can Africa Benefit from ICT’s for a
Sustainable Socio-Economic Development? Nicolas Pejout
Part 3: African Case Studies
13. Agricultural Policy in Africa – Renewal or Status Quo? A Spotlight on Kenya and
Senegal Ward Anseeuw
14. Liberalisation, State Intervention and the Demise of Industrial Development in
Mozambique Alex Warren-Rodriquez
15. Local Democracy, Clientelism and the (Re)Politicization of Urban Governance in
African Cities: Reflexions from Johannesburg Stories Claire Benit-Gbaffou
16. Many Conflicts, One Peace: The Congo Economy and Global Security Zoe Marriage
17. Mbimbos, Zvipamuzis and Primitive Accumulation in Zimbabwe’s Violent Mineral
Economy: Crisis, Chaos and the State David Moore and Showers Mawowa
18. Good Governance and Growth in Africa: What Can We Learn from Tanzania Hazel
Gray and Mustaq Khan 19. Management of the CFA Franc in West Africa: From an Imposed
Extroversion to Chosen Extroversion Kako Nubukpo
Part 4: New Directions
20. Africa’s Urban Revolution and the Informal Economy Keith Hart
21. Impacts and Challenges of a Growing Relationship between China and Sub-Saharan
Africa Raphie Kaplinsky, Mike Morris and Dorothy McCormick
22. South Africa in Africa: From National Capitalism to Regional Integration Keith
Hart and Vishnu Padayachee
438 pages, Paperback
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