The Road Oft Traveled
Development Policies and Majority State Ownership of Industry in Africa
by John James Quinn
March 2002, 256pp, 6 1/8x9 1/4
1 volume, Praeger

Hardcover: 978-0-275-97559-3
$86, £64, 72€, A123
eBook Available: 978-0-313-07719-7
Please contact your preferred eBook vendor for pricing.

Examines correlation between state ownership of economic resources in many African countries and low-income growth, inward-oriented development policies.

Many scholars of sub-Saharan Africa agree that inward-oriented development policies have hampered economic development in the region. Quinn questions traditional explanations for the low economic growth levels of sub-Saharan African countries by showing that majority state ownership of enterprise is a sufficient condition for inward-oriented policies and that this variable is a better predictor of such policies than other current explanations in the development literature. Supporting his observations through compelling case studies, Quinn offers a major statement that will be of interest to anyone concerned about African political and economic conditions and the future welfare of African peoples struggling to come to terms with the imperatives of a changing global economy.

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