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Economics and Finance (R0)

Kenneth Mahuni

James Zivanomoyo

Puruweti Siyakiya

Simba Mutsvangwa

Zimbabwe's Economy

Four Decades in Perspective (1980-2020)

&lt;p&gt;Part I.&amp;nbsp;Becoming a sovereign state.- Chapter 1.&amp;nbsp;18 April 1980, Dawn of a New Era?.- Part II. Unpacking A New Zimbabwe and Taking Charge.- Chapter 2.&amp;nbsp;Early Years of Post-Independence Zimbabwe.- Chapter 3.&amp;nbsp;Achievements Over the Four Decades and Looking Ahead.- Chapter 4.&amp;nbsp;Policy Execution Dilemmas over the Years.- Part III. Writing on the wall…Stoking the fires of economic turbulence.- Chapter 5.&amp;nbsp;Making or Breaking Zimbabwe: 1987-2020 Issues.- Part IV. On the edge of a cliff… Crisis within a crisis!!.- Chapter 6.&amp;nbsp;‘Jewel of Africa’ Peeled: Four Blunders Over the Four Decades.- Chapter 7.&amp;nbsp;Sinking Further.- Part V. Re-wiring Zimbabwe…attempting to make things work.- Chapter 8.&amp;nbsp;The foot on the pedal.- Chapter 9. Critical Lessons for Other Post- Independent African States.- Chapter 10.&amp;nbsp;Migration, Empowerment and Zimbabwean Women.- Chapter 11.&amp;nbsp;Further Issues.- Chapter 12.&amp;nbsp;Conclusion.&lt;/p&gt;


In this volume covering the long sweep of US industrial policy, Marco R. Di Tommaso and Vinod K. Aggarwal contextualize the current moment of industrial policy and its possible consequences. In an era marked by international tension and global challenges, governments have responded by increasing their focus on industrial policy to enhance certain economic sectors. The United States is often seen to be a free-market economy lacking significant government intervention. However, the use of industrial policy in the United States is far from new. The American government has long played an essential role in industrialization from Hamilton's plan for manufacturing to Biden's turn to industrial policy in green industries and semiconductors and to Trump's tariff policies. In Governing Growth, Marco R. Di Tommaso and Vinod K. Aggarwal chart this history of American industrial policy spanning from the Founding Fathers to Donald Trump's current presidency. They explore the "pre-history" of American industrial policy, tracking how the government balanced industry and societal needs up until the crisis of the 1970s. Pointing to the parallels between Ronald Reagan and Margaret Thatcher, Di Tommaso and Aggarwal identify the pivot to neoliberalism in the 1980s. Even in this climate, they point out that there remained a significant gap between rhetoric promoting free trade and protectionist policies. Finally, they compare the recent presidencies of Obama, Biden, and Trump, exploring how the vastly different backgrounds, approaches, and ideologies of these politicians affected US industrial policy. Di Tommaso and Aggarwal speak to the importance of understanding burgeoning industrial policy around the world through a historical lens, and ultimately the book also offers context to Trump's unique approach to trade protection and industrial policy and the likely consequences.

US Industrial Policy from Hamilton to Trump

Governing Growth

"[O]ne of the most original and important books on Africa in years."--Financial Times"Challenges outdated narratives and makes a compelling case for the continent's economic potential."--Bill GatesThe acclaimed author of How Asia Works brings his "pithy, well-written and intellectually vigorous" (Financial Times) reporting to Africa, revealing essential, promising lessons about the engines of economic growth across the continentThe culmination of twenty years spent studying Asian economics, Joe Studwell's celebrated How Asia Works revealed the key policies behind the meteoric growth of the "Asian tigers." The question he kept hearing from those inspired by his clear-eyed understanding of global development: what about Africa? He was finally convinced to investigate further when the inquiries began coming from Africans themselves. A decade of research, travel and on-the-ground reporting began.Studwell expected that Africa's challenging geography and its crippling legacies of colonialism would necessitate a unique developmental recipe. Yet to his astonishment, the African countries that succeeded did so by embracing the very same strategies their Asian counterparts had--strategies that are far different from those foisted on Africa by the international community. He explores these winning policies via four countries that have seen exceptional economic growth (Botswana, Mauritius, Ethiopia and Rwanda) and that demonstrate both the promise and the particular challenge of the African context. Highlighting the achievements of local leaders, Studwell argues that prosperity is well within reach and that the rapidly rising population--seen as alarming by so many--will be foundational to Africa's flourishing. How Africa Works is essential, optimistic reading for anyone looking to understand the next chapter of global development.

Success and Failure on the World's Last Developmental Frontier

How Africa Works

The autobiography of rev Maxwell Mezuwa Banda

Steadfast and Solid

The birth of new nations, independent democracies, the defeat of settler colonialism, the unprecedented growth of cities from Lagos to Cairo; the African continent is booming. So why do myths about underdevelopment, unproductive land and unfounded concerns about overpopulation remain?In a groundbreaking new study of Africa's developmental history, economist Joe Studwell debunks long-held views about the continent's presumed resistance to growth, charting monumental changes in government, demography and asset management. Considering everything from settler colonialism to soil conditions, mineral extractivism to disease development and eradication, and across case studies from Rwanda to Botswana, Studwell persuasively argues that the seizing back of land, people and states across Africa, has also been the seizure of mass economic development. From slavery to independence and beyond, this is the definitive account of the world's second largest continent - and an optimistic look to its future.

Post-Soviet Development Economics and Society

Heterodox Approaches to Development in Central Asia

Les arnaqueurs sont en ville

Where are the Rural Youths?

The question of job creation in Malawi

Creative Accumulation examines how nations build the capabilities required for sustained technological leadership, moving beyond simple catch-up growth. Drawing on Korea's long-term development experience, Jeong-Dong Lee introduces the concept of the "middle innovation trap", a condition in which countries achieve high levels of implementation capability yet struggle to generate original concepts, architectures, and design leadership. The book argues that original concept design is not the product of individual genius or sudden breakthroughs but the outcome of creative accumulation. Creative accumulation requires posing bold question, persistently accumulating trial-and-error experiences, and scaling up from ideas to viable outcomes. Integrating insights from innovation theory, evolutionary economics, and industrial policy, Jeong-Dong Lee shows how these processes of creative accumulation enable nations to become technology leaders. Although the book draws its evidence from the trajectory of Korean industry and technology, Korea's experience represents a compelling and instructive case of a broader developmental process. Drawing on decades of engagement with government and business, Lee shows that countries which fail to build solid implementation capability tend to fall into the middle income trap. Yet even countries that escape this may encounter the middle innovation trap if they fail to develop concept design capability, resulting in renewed stagnation. To transition out of this phase demands sustained, national-level efforts from firms, governments, and institutions. Creative Accumulation offers concrete policy prescriptions for overcoming the middle innovation trap, grounded in coordinated, mission-oriented, and long-term strategies that can guide nations at every stage of development.

Lessons from Korea's Path out of the Middle Innovation Trap

Creative Accumulation

Entre miracles et mirages Tome II

Mali-Mélo

Development and Its Discontents is a critical examination of development studies' history and what it has become, and what it might yet be. It argues that the field is increasingly differentiated along competing modes of thought, worldviews, and claims to knowledge, bringing long-running debates about the study of development back into sharp focus. Drawing on cross-disciplinary thinking on development, from the rise of classical development economics and the anti-colonial momentum of the Bandung era to contemporary decolonial critiques, the book maps the intellectual currents that have shaped development studies and the tensions and debates that now structure it. The result is a framework for recognising the field's internal pluralism and for taking interdisciplinarity more seriously, without pretending that its disagreements are merely semantic. For scholars and students, Development and Its Discontents offers a guide to the intellectual architecture of development studies, its contested boundaries, and the questions now shaping its future.

Development and its Discontents

Au Bout Des Larmes

As inequality, inflation, and overwhelming corporate power threaten democracy, a rising-star economist asks what it would mean to create an anti-fascist economics that guarantees dignity for all. On the night of President Trump's second presidential victory, economist Isabella Weber tweeted: "Can we now finally have a serious conversation about an anti-fascist economics?" In her view, Democrats had missed the seriousness of the affordability crisis in the wake of pandemic-era inflation. By refusing to step in to protect their constituencies against corporate profiteering and price shocks in essentials, they left room amidst the global crisis for the resurgence of the politics of resentment that Trump and the right reveled in. Her question, though, was a bold one with implications that reached far beyond one election. In a neoliberal world, we tell people at the same time: Democracy is the highest form of political organization. And: When it comes to the economy, to the material foundation of our life, the best the representatives of the people can do is to subordinate their constituencies to the corporate pursuit of profits. This basic contradiction between the rule of the people and the rule of the market makes neoliberal democracy vulnerable to the threat of fascism, she argues. Economists have too often acted as prophets of market subordination and ended up waxing the slippery slope to fascism. Isabella Weber knows that if we are serious about saving democracy and preventing the further rise of fascists, we need an economics that serves democracy and centers people's needs and dignity rather than seeing their fulfillment as a welcome side effect in the pursuit of other goals. In Anti-Fascist Economics, Weber proposes just such a way out. She envisions an economics that strives to make life on our planet livable for all, that confronts rather than conceals corporate power, and that charts the way towards international cooperation rather than getting stuck in the dichotomy of free trade and trade wars. To halt the further rise of fascism, we need a tangible alternative to the dystopian status quo, she insists, one that takes affordability seriously as a foundation of democracy. In this paradigm-shifting book, Weber recalls a history of mid-twentieth-century economists for whom "never again" was the North star and reinvents their thinking for our day.

Anti-Fascist Economics

Zimbabwe's Economy

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