African economic development: Evidence, theory, policy
African economic development: Evidence, theory, policy
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非洲经济发展:证据、理论、政策
DOI:
10.1093/afraf/adab014
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发表时间:
2021
期刊:
影响因子:
2.8
通讯作者:
D. Booth
中科院分区:
文献类型:
--
作者:
D. Booth
It is many years since the subject of African economic development has been treated with the best insights and methods that modern social science has to offer. Cramer, Sender, and Oqubay have set a new standard in this respect. Writing from the perspective of a statistically aware, multimethods economics, they take aim at both unjustified pessimism about Africa’s development prospects and the naïve belief—propagated by international non-governmental organizations and United Nations agencies among others—that progress in Africa is somehow exempt from the rules that have governed capitalist progress everywhere else in the world. The book (covered by OUP’s open access scheme) has 10 chapters, divided between four parts. Part I describes The Context, with a first look at the data and a commitment to clearing away the fog of conventional ‘common sense’in development economics. This phrase refers to the significant areas of convergent policy advice between the supposedly opposed traditions of orthodox, neoclassical economics on the one hand and ‘third worldist’development theory on the other. Setting out the authors’ stall, Chapter 3 advocates a robust ‘possibilism’based on the observation of countries’ varied economic performance across space and over time, and a sceptical take on conventional ways of using aggregate statistics. Part II gets into detail on Strategies of Economic Development. Three chapters take inspiration from the ideas of Kaldor, Kalecki, and Hirschman, stressing the importance of a high investment ratio led by the state; the crucial role in industrialization of the cost of wage goods, including food (hence the importance of raising rural productivity); the priority that should be given (despite the trade pessimism associated with the United Nations Conference on Trade and Development, UNCTAD) to large-scale employment-intensive production oriented to global markets; and the virtues of ‘unbalanced development’(and thus of the well-selected large investment project). A particularly interesting argument here, illustrated by the case of flower farms in Ethiopia, is that large-scale technologically advanced production in agribusiness can capture the gains