The Economics of Colonialism in Africa

2014 ◽  
pp. 521-535
Author(s):  
Gareth Austin
Keyword(s):  
Economic Development ◽  
Path Dependence ◽  
Economic Change ◽  
Colonial Period ◽  
Colonial Rule ◽  
Factor Endowment ◽  
Regional Markets ◽  
Short Period ◽  
Institutional Responses

A perennial debate casts European rule as either modernizing previously largely static African economies or, in contrast, as retarding their development both at the time and, via institutional path dependence, ever since. Both approaches understate the continuities in factor endowment before and during colonial rule; the importance of the differences between types of colony; and the significance of African responses to the constraints and opportunities of what proved to be the relatively short period of alien rule. This chapter examines colonial interventions in relation to long-term trajectories of economic development in Africa. Specifically, after reviewing the evolution of the literature, it asks how far colonial interventions, and African responses during the colonial period, altered or accelerated pre-existing patterns or paths of economic change in the continent, paths defined by Africans’ technical and institutional responses to the constraints and opportunities of their resource endowments, in the context of regional and trans-regional markets.

scholarly journals Shrimp Cultivation: Development Debate and the Adverse Effect on Environment and Economy

2018 ◽  
Vol 1 (2) ◽  
pp. 60-68
Author(s):  
Syed Ashik-E-Elahi ◽  
Md Ziaur Rahman ◽  
Nitin Kumar ◽  
Jhensanam Anusara ◽  
Bouasone Chanthamith ◽  
...  
Keyword(s):  
Economic Development ◽  
Foreign Currency ◽  
Research Result ◽  
Occupational Groups ◽  
Income Sources ◽  
Short Period ◽  
Negative Impacts ◽  
The Masses ◽  
Shrimp Cultivation

As an indicator of economic development, GDP remains the main factor among economists. But the hidden reality is that such parameter just shows the overall superficial economic gain but not the real development scenario of the masses. In the name of economic development, numerous degrading activities take place in the centre and periphery regions of Bangladesh. Such unplanned development activities are not only halting the natural flow of development but also creating a threat to sustainability. As the shrimp sector emerges as one of the major areas of earning foreign currency, stakeholders overlooking its multiple negative impacts on the coastal environment and traditional economic livelihood. With the introduction of shrimp cultivation different short of income sources created. As a result, some profit seekers become well off within a short period of time leaving majority unprivileged. Moreover, there is no local authority that shows any concern on the long-term suffering of the local inhabitants. In this article, we tried to show the amalgamate opinion of multiple people from different occupational groups and the conflicting areas against popular theory of development. As the research is heterogeneous in nature we used qualitative method for collecting data from various respondents. The research result clearly shows the conflicting situation and deprivation of the local inhabitants. Concluding part of this research focused on the ultimate crisis and its way out.

Conditions for the Hi-tech Complex Development

2003 ◽  
pp. 26-39
Author(s):  
V. Maevsky ◽  
B. Kuzyk
Keyword(s):  
Economic Development ◽  
Central Bank ◽  
Developed Countries ◽  
Industrial Society ◽  
Monetary Base ◽  
Complex Development ◽  
Bank System ◽  
Post Industrial

A project for the long-term strategy of Russian break-through into post-industrial society is suggested which is directed at transformation of the hi-tech complex into the leading factor of economic development. The thesis is substantiated that there is an opportunity to realize such a strategy in case Russia shifts towards the mechanism of the monetary base growth generally accepted in developed countries: the Central Bank increases the quantity of "strong" money by means of purchasing state securities and allocates the increment of money in question according to budget priorities. At the same time for the realization of the said strategy it is necessary to partially restore savings lost during the hyperinflation period of 1992-1994 and default of 1998 and to secure development of the bank system as well as an increase of the volume of long-term credits on this base.

Russian Federalism at the Critical Stage of Development

2008 ◽  
pp. 70-83 ◽  
Author(s):  
E. Bukhvald
Keyword(s):  
Economic Development ◽  
Social Processes ◽  
Self Management ◽  
Intergovernmental Fiscal Relations ◽  
Critical Stage ◽  
Municipal Reform ◽  
Stage Of Development ◽  
Social And Economic Development ◽  
Basic Course

Transformations in the sphere of federal relations concern the most important directions of the reforming processes in the country. However, not all proposed and actually developing components of the federal reform seem well-argued and corresponding to long-term, strategic interests of the Russian statehood. The basic course of reform should meet the objective requirements of further decentralization of governing economic and social processes and the need to ensure strengthening the responsibility of RF subjects’ executive bodies and local self-management for steady social and economic development of their territories. The solution of these problems calls for a new model of federal policy of regional development, specification of some important components of the municipal reform as well as inserting certain amendments into the system of intergovernmental fiscal relations in order to stir up their stimulating function.

Russia’s Development Strategy: Guidelines and Restrictions

2008 ◽  
pp. 119-130 ◽  
Author(s):  
V. Senchagov
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Conceptual Basis ◽  
The Core ◽  
Economic Development Strategy ◽  
Socio Economic Development ◽  
Rates Of Growth

The core of Russia’s long-term socio-economic development strategy is represented by its conceptual basis. Having considered debating points about the essence and priority of the strategy, the author analyzes the logic and stages of its development as well as possibilities, restrictions and risks of high GDP rates of growth.

Economic Development in 2006 and the Future of the Russian Economy: The Non-Resource-Based Sector Potential (The Economic Report of All-Russia Business Union “Delovaya Rossiya”)

2007 ◽  
pp. 27-45
Author(s):  
B. Titov ◽  
I. Pilipenko ◽  
A. Danilov-Danilyan
Keyword(s):  
Economic Development ◽  
Free Market ◽  
Economic Report ◽  
Russian Economy ◽  
The Social ◽  
National Economic ◽  
Investment Capital ◽  
Export Industries ◽  
Sustainable Economic Growth

The report considers how the state economic policy contributes to the national economic development in the midterm perspective. It analyzes main current economic problems of the Russian economy, i.e. low effectiveness of the social system, high dependence on export industries and natural resources, high monopolization and underdeveloped free market, as well as barriers that hinder non-recourse-based business development including high tax burden, skilled labor deficit and lack of investment capital. We propose a social-oriented market economy as the Russian economic model to achieve a sustainable economic growth in the long-term perspective. This model is based on people’s prosperity and therefore expanding domestic demand that stimulates the growth of domestic non-resource-based sector which in turn can accelerate annual GDP growth rates to 10-12%. To realize this model "Delovaya Rossiya" proposes a program that consists of a number of directions and key groups of measures covering priority national projects, tax, fiscal, monetary, innovative-industrial, trade and social policies.

On Climate Change Risks of Long-Term Socio-Economic Development in Russia

2019 ◽  
pp. 79-95
Author(s):  
N.E. Terentiev
Keyword(s):  
Climate Change ◽  
Economic Development ◽  
Technological Innovation ◽  
Global Climate Change ◽  
Global Climate ◽  
Climate Risk ◽  
Climate Change Risks ◽  
Socio Economic Development ◽  
Management Policies

Based on the latest data, paper investigates the dynamics of global climate change and its impact on economic growth in the long-term. The notion of climate risk is considered. The main directions of climate risk management policies are analyzed aimed, first, at reducing anthropogenic greenhouse gas emissions through technological innovation and structural economic shifts; secondly, at adaptation of population, territories and economic complexes to the irreparable effects of climate change. The problem of taking into account the phenomenon of climate change in the state economic policy is put in the context of the most urgent tasks of intensification of long-term socio-economic development and parrying strategic challenges to the development of Russia.

scholarly journals African seaports and development in historical perspective

2020 ◽  
Vol 32 (1) ◽  
pp. 185-200 ◽  
Author(s):  
Ayodeji Olukoju
Keyword(s):  
Path Dependence ◽  
Historical Perspective ◽  
Transport Systems ◽  
Social Characteristics ◽  
The Waves ◽  
Technological Flexibility

This article presents a long-term explanation of port evolution in Africa. It focuses on the economic, political and social characteristics that influenced the development of maritime infrastructures and their interaction with inland transport systems. This article demonstrates how seaport evolution in Africa has been heavily affected by path-dependence patterns. In addition, this study provides evidence of the insertion of the African economy into the waves of globalization through the modernization of seaports and the necessary institutional and technological flexibility.

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