Browsing: Book Reviews

This book offers a comprehensive, research-driven analysis of the persistent economic underdevelopment in Africa, with Nigeria as a central case study. It argues that Nigeria’s failure to achieve sustained growth stems from weak social institutions, corrupt governance, and mismanagement of resources—issues common across the continent, though shaped by local contexts. The book contrasts these challenges with successful development strategies in Southeast Asia, emphasizing the importance of foundational institutions.

Early chapters trace Nigeria’s institutional decline since independence, highlighting systemic barriers to progress despite abundant natural and human resources. Later sections critique widely accepted growth models—especially the overreliance on foreign direct investment—as ineffective for nations lacking a solid economic base. Instead, the book advocates for development strategies grounded in proven, context-sensitive frameworks.

Intended for readers interested in global development, the book serves as a valuable resource for policymakers, practitioners, and organizations working to promote sustainable growth in Africa.

hina is now the biggest foreign player in Africa. It’s Africa’s largest trade partner, the largest infrastructure financier, and the fastest-growing source of foreign direct investment. Chinese entrepreneurs are flooding into the continent, investing in long-term assets such as factories and heavy equipment.

This book assesses the challenges and provides concrete policy recommendations that can be taken by Africa’s leaders and citizens in the key areas to reset their economic trajectory, achieve their desired convergence, and meet the aspirations of their people.

[vc_row][vc_column][vc_column_text]By Almas Heshmati. This edited volume focuses on economic integration, currency union, and sustainable and inclusive growth in East Africa.…

[vc_row][vc_column][vc_column_text]Reviewed by: David Black. Richard Joseph and Alexandra Gillies, eds. Smart Aid for African Development. Boulder, Colo.; Lynne Rienner Publishers,…