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NS4301 Political Economy of Africa
Course Outline/Methodology
Reference Texts
- Africa at Work: Job Creation and Inclusive Growth, McKinsey Global Institute, August 2012
- Africa Transformation Report, 2014, Africa Center for Economic Transformation
- Africa Competitiveness Report 2015, World Economic Forum/World Bank, 2015
- Foresight Africa: Top Priorities for the Continent in 2014, Brookings, January 2014
- Global Economic Prospects, Sub-Saharan Africa, World Bank, June 2015
- Regional Economic Outlook, Sub-Saharan Africa, International Monetary Fund, April 2015
- Millennium Development Goals 2014 Report, Economic Commission for Africa, 2014
- UN, Journal of African Transformation, 2015.
- World Economic Forum, Africa Competitiveness Report 2015.
- World Bank, Africa Pulse, April 2015 -- survery of current developments
- World Bank, Global Economic Prospects -- Africa, June 2015
ASSIGNMENTS: Summer Term 2015
July 8, 13
Overview of African Economies
Most Important Readings
- Sub-Saharan Africa: Sunny in the Cast Cloudy in the Center, Coface Risk Analysis, June 2015
- Amadou Sy, Is Africa at a Historical Crossroads to Convergence? Think Tank 20, October 2014
- IMF, The Quality of the Recent High Growth Episode in Sub-Saharan Africa, February 2013
- Economic Outlook 2015: Overview, African Development Bank, 2015
- CAR, The Importance of a Functioning Economy, Foreign Policy, July 2, 2015
Other Readings
- African Economic Structural Transformation: A Diagnostic Analysis, pp. 1-22, UN, Journal of African Transformation, 2015.
- Brookings, Foresight Africa: Top Priorities for the Continent in 2015, January 2015 -- contemporary essays
- Perry Munzwembiri, Top Risks for African Economies in 2015: Analysis, January 2, 2015 Eurasia Review
- Population Boom in Africa: A Dividend or a Liability, Rabobank, July 22, 2014 -- Africa section
- Dani Rodrik, An African Growth Miracle? National Bureau of Economic Research, June 2014
July 15
Data Issues
Most Important Readings
Other Readings
Data and Rankings/Indexes to look over
- African Economic Outlook: Statistics, African Development Bank
- Fragile State Index 2015, Foreign Policy June 2015
- Africa Prosperity Index 2015, Legatum Institute, 2015
- World Bank Governance Indicators, 2014
- UNDP, Human Development Report, 2014
- Heritage Foundation, Index of Economic Freedom, 2015
- World Economic Forum Competitiveness Index, 2014-15
- Milken Global Opportunity Index, 2013 (with video)
- EIU, Business Environment Rankings: Which Country is Best to Do Business In, 2014
- World Economic Forum Human Capital Report, 2013
- EIU Food Security Index, 2014
July 20, 22, 27
Theories of Growth and Development
Historical Long-Run Models of Growth -- July 20
Theories of Development -- July 22
- B. Higgins, Chapter 14, Interaction of Modern and Traditional Sectors -- covers some of the material lin Nafziger
- B. Higgins, Chapter 15, Balanced/Unbalanced Growth -- covers some of the material in Nafziger
- Jeffrey Sachs, Stages of Economic Development, June 2004
- Michael Porter, Enhancing the Microeconomic Foundations of Prosperity: The Current Competiveness Index
- Xavier Sala-I-Martin et al., The Global Competitiveness Index: Measuring the Productive Potential of Nations, World Economic Forum, 2007
- Oxford Analytica, International: Development Strategies Face Rethink, February 26, 2008
- E. Wayne Nafziger, Chapter 5, Theories of Economic Development -- Just sections starting with Rostow Theory of Growth and through Application of the Lewis Fei Ranis model to Japan and the Neoclassical Counter-revolution
- John Williamson, Keys to Success: The Beijing or Washington Consensus, Chapter 9, Handbook of Emerging Economies (Sakai)
- G. Roland, Ten Years After ... Transition and Economics, IMF Staff Papers 2001
Modern Long Run Models of Growth July 27, 29
- E. Wayne Nafziger, Chapter 5, Theories of Economic Development Just the sections: Neoclassical Growth Theory and New Endogenous Growth Theory
- Edmund Phelps, Tangible Investment as an Instrument of Growth(optional -- mathmatical) -- very good summary of the neo-classical model
- David Gold and Roy Ruffin, What Determines the Rate of Growth? (Federal Reserve Bank of Dallas, Economic Review, 1993) -- best overview of the new theories, but a little mathmatical
- David Coates, "Why Growth Rates Differ," New Political Economy (March 1999)-- Good summary of the More important Growth Theories -- will summarize in class -- summary table on page 93 probably enough
- IMF, Anchoring Growth: the Importance of Productivity Enhancing Reforms in Emerging Market and Developing Economies
- Michael Spence, The Growth Report: Principal Findings and Recommendations, May 2008
July 29
Relevant Issues in the Global Economy
Presentations on Oil and the Current Global Situation
August 3/5
Southern Africa
South Africa
- ADB, South Africa: Economic Outlook 2015
- South Africa Country Report, Rabobank, May 27, 2015
- Haroon Bhorat and Alan Hirsh, South Africa: Perspectives on Divergence and Convergence, Think tank 20, October 2014
http://www.brookings.edu/blogs/africa-in-focus/posts/2015/01/29-inclusive-growth-south-africa-bhorat-oosthuizen
- Robert Looney, Where Apartheid Lives On, Foreign Policy July 11, 2013
Mozambique
- ADB, Mozambique: Economic Outlook 2015
- Robert Looney, Mozambique's Moment, Foreign Policy, September 18, 2014
-
Mozambique Country Report, Rabobank, November 10, 2014
- The Case of Transformation in Mozambique, ISE Center 2012
- Anonio Cruz et al., Learning by Exporting: The Case of Mozambican Manufacturing
Mauritius
- ADB, Mauritius: Economic Outlook 2015
- Mauritius: From Mono-Crop Economy to Middle-Income Country, UNECA, Economic Report on Africa 2014
- A. Subraman, Mauritius: A Case Study, Finance and Development, December 2001
- Mauritius Country Report, Rabobank, September 10, 2014
- Jeff Frenkel, Mauritius the Little Country That Could, Foreign Policy 2012
- IMF, Mauritius: The Drivers of Growth -- Can the Past be Extended? July 2014
Namibia
August 10/12
North Africa
Algeria
Morocco
Tunisia
- ADB, Tunisia: Economic Outlook 2015
http://ebrd-beeps.com/countries/tunisia/
- Tunisia Country Report, Rabobank, August 25, 2014
- Industrialization in Tunisia, Brookings, November 2014
- Antonio Nucifra, Cronyism, Corruption and the Arab Spring: The Case of Tunisia, Heritage, Index of Economic Freedom, 2014
Egypt
- Robert Springborg, Egypt: The Challenge of Squaring the Energy-Environment-Growth Triangle, Forthcoming chapter in Robert Looney ed., Routledge Handbook of Transitions to Energy and Climate Security (London: Routledge 2016)
- Robert Springborg, Egypt's future: yet another Turkish model?
International Spectator, 2014
- Robert Springborg, President Sisi's Delegative Authoritarianism
- ADB, Egypt: Economic Outlook 2015
- Egypt Country Report, Rabobank, November 11, 2014, 2014
- Hafez Ghanem, First Confront Discontent: Setting Priorities for Egypt's Economy, Milken Institute Review, First Quarter 2013
- Michele Dunne, Egypt's Economy: A Mixed Picture at Best, Carnegie, March 11, 2015
http://ebrd-beeps.com/countries/egypt/
August 17/19
East Africa
Ethiopia
- ADB, Ethiopia: Economic Outlook 2015
- Ethiopia Africa Country Report, Rabobank, June 16, 2014
- Industrialization in Ethiopia, Brookings, November 2014
- Robert Looney, The Ethiopian Economic Miracle, Foreign Policy, April 16, 2015
- Henry Verhoeven, Africa's Next Hegemon: Behind Ethiopia's Power Plays, Foreign Affaris, April 12, 2015
- Article on Economic Transformation in Ethiopia, Journal of African Development, 2012
- World Bank, Removing Constraints on Ethiopian Manufacturing, 2015
Uganda
- ADB, Uganda: Economic Outlook 2015
- Industrialization in Uganda, Brookings, November 2014
- Robert Looney, In Uganda It's Bust Before the Boom, Foreign Policy, February 2, 2015
- Foresight Africa 2015: Growth and Inflation in Uganda, Brookings, 2015
- Youth Unemployment Challenge in Uganda and the Role of Employment Policies in Jobs Creation, Brookings, August 26, 2014
http://www.international-alert.org/sites/default/files/Uganda_OilAndLivelihoods_EN_2013.pdf
Kenya
- Industrialization in Kenya, Brookings, November 2014
http://successfulsocieties.princeton.edu/sites/successfulsocieties/files/MG_Strategy_Kenya_Final.pdf
ADB, Kenya: Economic Outlook 2015
- Kenya Country Report, Rabobank, September 10, 2013
- Boaz Munga, State of Youth Unemployment in Kenya, Brookings, August 21, 2014
Rwanda
Tanzania
August 24, 26
Central Africa
- China's Foreign Aid Reform: Implications for Africa, Brookings, July 2015
- Yun Sun, Inserting Africa into China's One Belt, One Road Strategy: A New Opportunity for Jobs and Infrastructure? Brookings, March 2, 2015
- China's Expanding African Relations: Implications for U.S. National Security, Rand, 2015, Chapter 2 and 3
- Chinese Engagement in Africa: Drivers, Reactions and Implications for U.S. Policy, Rand, 2014, Chapters 2 and 3
- World Bank, China in Africa, 2015
- How China's Resource Quest is Changing the World, July 2015
- The New Normal in China Africa, 2015
Botswana
Angola
- ADB, Angola: Economic Outlook 2015
- Angola Country Report, Rabobank,August 13, 2014
- elisaabete Azevedo-Harman, Dwindling Assets: Oil, Inequlity and Angola's Emerging Fault Lines, World Politics Review April 23, 2015
- Jesse Salah Ovadia, Accumulation with or without
dispossession? A ‘both/and’ approach to China in Africa with reference to Angola, Review of African Political Economy, 2013
Zimbabwe
Zambia
August 31, September 2
West Africa
Nigeria
- ADB, Nigeria Economic Outlook 2015
- Nigeria Country Report, Rabobank, June 12, 2014
- Industrialization in Nigeria, Brookings, November 2014
- Robert Looney, The Boko Haram Economy, Foreign Policy, July 15, 2014
- Nigeria on the Edge of the Abyss, The Milken Institute Review, Spring Quarter 2015
Ghana
- ADB, Ghana: Economic Outlook 2015
- Article on Economic Transformation in Ghana, Journal of African Development, 2012
- Ghana Country Report, Rabobank, July 1, 2014
- Industrialization in Ghana, Brookings, November 2014
- Can Ghana's Democracy Save it from the Oil Curse, Foreign Policy, May 1, 2014
Gabon
Senegal
September 9/14
Interior Africa
- Fragile State Index 2015, Foreign Policy 2015
- Peace Through Prosperity:Integrating peacebuilding into economic development, International Alert, 2015
- Corridors of Militancy: The Sahel-Shara Border Regions, FRIDE, 2015
- CSIS, Rethinking Engagement in Fragile States, July 2015
- IMF, Building Resilence in Sub-Saharan Africa's Fragile States, 2015
- Brookings, Understanding the Ebola Outbreak, November 2014
- Brookings, State Building Approach to the Drug Trade Problem, July 2013
- Enhancing socio-Economic opportunities for ex-combatants in post-conflict environments
DRC
Chad
Sierra Leone
CAR
South Sudan
Liberia
Summing Up
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