Full Description
How have the events of the twenty-first century shaped African economies and societies? In this book, Steve Onyeiwu highlights the dynamics, challenges, and opportunities in African economies. He analyzes the socioeconomic and political conditions in Africa, with emphasis on events of the past two decades.
Onyeiwu notes that African economies change virtually every minute, and it's imperative to ensure the information presented is current and accurate. Climate change and the explosion of the youth population have assumed new dimensions, prompting analysts to ponder their implications for the future of African economies. Other significant changes include COVID-19 and recent apprehension about the resilience of democracy throughout the region. The author addresses these complex topics and explains how the skepticism about the endurance of democracy is fueled by economic anxiety, political violence, coup d'états and protests in many parts of Africa.
The book includes recent data on key variables and events in the region. In addition to undertaking thorough revisions of the 10 chapters from the first edition, this new edition includes three new chapters on population and youth, COVID-19, and climate change.
Contents
Chapter 1 Africa on the Rise: Myth or Reality?.- Chapter 2 Prospects of Sustained Economic Growth in Africa.- Chapter 3 Growth, Employment, and Poverty.- Chapter 4 Population, Youth Bulge and Economic Development.- Chapter 5 COVID-19 - Trends, Economic Impact and Policy Responses.- Chapter 6 Climate Change and Sustainability.- Chapter 7 Industrial Performance and Prospects of Structural Transformation.- Chapter 8 Regionalism and Industrial Development.- Chapter 9 Innovation, Technology, and Structural Transformation.- Chapter 10 Aid, Debt, and Foreign Direct Investment.- Chapter 11 Gender, Youths, and Sustainable Development.- Chapter 12 Information and Communication Technologies.- Chapter 13 Closing the Development Gap in Africa.
