New PDF release: Africa's Turn? (Boston Review Books)

By Edward Miguel

ISBN-10: 0262012898

ISBN-13: 9780262012898

ISBN-10: 0262254972

ISBN-13: 9780262254977

Edward Miguel, coauthor with Raymond Fisman of monetary Gangsters: Corruption, Violence, and the Poverty of countries, is affiliate Professor of Economics and Director of the heart of Evalulations for worldwide motion on the college of California, Berkeley.

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Example text

For poor African farmers, weather determines whether the next harvest will yield enough food to eat. What comes out of factory smokestacks in China could literally be a matter of life and death if changing global weather means less rain for Africa, leading to poverty and war. China’s modern economic growth is fuelled by burning coal, gas, and oil. Between 2002  is it africa’s turn? and 2004, energy use in China increased by a staggering 33 percent, and China became the world’s biggest greenhouse-gas polluter in 2007.

For the first time in a long while, there is genuine hope today that Africa is on the path to real economic and political progress, and may finally catch up to the rest of the world economy. International trade is rising, better roads and new technologies like cell phones are improving millions of lives, and more countries than ever are turning to democracy. The economic boom and political opening I witnessed in Kenya shows what is possible. Unfortunately, the latest Kenyan crisis also reinforces the point that Africa is not yet over the hump.

In 2007, it published the two-volume product of this effort, The Political Economy of Economic Growth in Africa, 1960 2000. Among its many findings is one highly relevant here: an understanding of the economics of Africa requires an understanding of its politics. ” In his essay, Edward Miguel highlights several reasons why. Since the mid-1990s, the economies of Africa have grown, and all who experienced the misery of the collapses of the 1970s will rejoice at this. Peace has returned in Liberia, Rwanda, and Sierra Leone; all will celebrate this change as well.

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Africa's Turn? (Boston Review Books) by Edward Miguel

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