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The Oxford Handbook of the Economy of Cameroon (Hardcover)
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The Oxford Handbook of the Economy of Cameroon (Hardcover)
Series: Oxford Handbooks
Expected to ship within 12 - 17 working days
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Cameroon's suboptimal economic experience since independence (1960)
sheds light on broader issues of Africa's development narrative,
and provides valuable economic and policy knowledge. While
Cameroon's large informal economy is diverse and resilient and
rooted in old business traditions, its formal economy has exhibited
low productivity and employment growth for over 60 years. This has
brought anger, disappointment, and violent conflict in several
regions of the country. The Oxford Handbook of the Economy of
Cameroon examines the reasons of Cameroon's unsatisfactory economic
performance and draws lessons from successful development
experience to help tackle these issues. The Handbook provides a
critical assessment of the history, patterns, and strategies of
economic development in Cameroon, and outlines new approaches to
economic enquiry for prosperity and social change. Through
Cameroon's governance story, the handbook analyzes the evolving
conceptions of economic policy, takes stock of intellectual
progress, documents the challenges of implementation, and outlines
the intellectual and policy agenda ahead. For a developing country
increases in per capita income arise from advances in technology
arise from closing the knowledge and technology gap with those at
the frontier. And within any country (especially one like
Cameroon), there is enormous scope for productivity improvement
simply by closing the gap between best practices and average
practices. Standards of living can therefore be improved through
the implementation of pertinent learning strategies. In this Oxford
Handbook of the Economy of Cameroon, an international team of
leading development economists and researchers address the wide
range of issues facing Cameroon and provide guiding principles on
how best the country (and other developing nations) could move
human, capital, and financial resources from low- to
high-productivity sectors in a constantly changing global economy.
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