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Eastern and Western Ideas for African Growth - Diversity and Complementarity in Development Aid (Paperback)
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Eastern and Western Ideas for African Growth - Diversity and Complementarity in Development Aid (Paperback)
Series: Routledge-GRIPS Development Forum Studies
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The West and the East approach economic development differently.
The Europeans and Americans stress free and fair business climate,
promoting private activities generally without picking winners, and
improving governance. East Asia is interested in achieving concrete
results and projects rather than formal correctness, prioritizing a
few sectors for industrialization, and eventual graduation from
aid. The West mostly shapes shifting strategies of the
international donor community while the East has in reality made
remarkable progress in industrial catch-up. The two approaches
cannot be merged easily but they can be used in proper combination
to realize growth and economic transformation. This book proposes
more dialogue and complementarity between the two in the
development effort of Africa and other regions. In this collected
volume, contributed by experts and practitioners from both East and
West, the need to introduce Eastern ideas to the global development
strategy is emphasized. Analysis of British and other Western donor
policies is given while Japanese, Korean, and other Asian
approaches are also explained with concrete examples. The concept
of governance for growth is presented and the impact of rising
China on development studies is contemplated. The practices of
industrial policy dialogues and actions assisted by East Asian
experts are reported from Tunisia, Zambia, Ethiopia, Rwanda, and
others. The book should be applicable to all donors, institutions,
NGOs and business enterprises engaged in development cooperation.
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