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Africonomics - A History of Western Ignorance (Hardcover)
Loot Price: R535
Discovery Miles 5 350
You Save: R103
(16%)
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Africonomics - A History of Western Ignorance (Hardcover)
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Was R638
Loot Price R535
Discovery Miles 5 350
You Save R103 (16%)
Expected to ship within 12 - 17 working days
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We need to think differently about African economics.
For centuries, Westerners have tried to ‘fix’ African economies. From
the abolition of slavery onwards, missionaries, philanthropists,
development economists and NGOs have arrived on the continent, full of
good intentions and bad ideas. Their experiments have invariably gone
awry, to the great surprise of all involved.
In this short, bold story of Western economic thought about Africa,
historian Bronwen Everill argues that these interventions fail because
they start from a misguided premise: that African economies just need
to be more like the West. Ignoring Africa's own traditions of economic
thought, Europeans and Americans assumed a set of universal economic
laws that they thought could be applied anywhere. They enforced
specifically Western ideas about growth, wealth, debt, unemployment,
inflation, women’s work and more, and used Western metrics to find
African countries wanting.
The West does not know better than African nations how an economy
should be run. By laying bare the myths and realities of our tangled
economic history, Africonomics moves from Western ignorance to African
knowledge.
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