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Africa and Development

 
Subir Ghosh (Author)
Synopsis The decolonization of Africa was fraught with instability aggravated by cold war. Since mid-20th century cold war, increased corruption and despotism have contributed to Africa s poor economy. While China and India have grown rapidly and Latin America has experienced moderate growth, lifting millions above the subsistence level of living, Africa has stagnated and even regressed in terms of foreign trade, investment and per capita income. Poverty has widespread effects, including low life expectancy, violence and instability which, in turn, perpetuate the continent s poverty. As African economy suffers from poverty, inequality and low industrial growth, which hinder the economic prosperity, there is urgent need for African development. Out of 177 countries reviewed in the United Nations Human Development Report, 2007, 22 African nations ranked the lowest. Africa has the largest hot desert and the second largest tropical forest in the world that prevents building transcontinental means of transportation, hampering its economy. Africa is the least industrialized continent; only South Africa, Egypt and North Africa have substantial manufacturing sectors. Despite the ready availability of cheap labour, nearly all of the continent s natural resources are exported for secondary refining and manufacturing. In this connection, an attempt has been made in this book to study different issues and challenges required for African development, and discuss the efforts being made in different African states towards achieving sustainable and balanced economic development.
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About the author

Subir Ghosh

Subir Ghosh holds a Ph.D in Economics from Nagaland University, a master's degree in Economics from Rabindra Bharati University, Kolkata, and a Postgraduate Diploma in Marketing Management from Annamalai University. He also holds Environmental Analyst certification, offered by the Vocational Department, Government of West Bengal. He is currently working as a Faculty Associate at Icfai Business School Research Centre, Kolkata. Prior to joining Icfai, he worked as a Lecturer in a college in Nagaland, India. He has published several research papers in various refereed national and international journals. His areas of interest are rural development, rural management, development economics, environmental economics, gender studies and disaster management etc.

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Bibliographic information

Title Africa and Development
Author Subir Ghosh
Format Hardcover
Date published: 05.12.2008
Edition 1st ed.
Language: English
isbn 9788131415757
length 248p.