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The African-Asian Divide - Analyzing Institutions and Accumulation in Kenya (Hardcover)
Loot Price: R4,173
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The African-Asian Divide - Analyzing Institutions and Accumulation in Kenya (Hardcover)
Series: New Political Economy
Expected to ship within 12 - 17 working days
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Why have Africans not gained a more dominant position in urban
manufacturing in Kenya? This question is explored through an
analysis of the institutions, both formal and informal, that have
affected patterns of capital accumulation in Kenya by the African
and Asian (Indian) communities. Using a new institutional economics
approach, this book explores the history of economic activity
through the pre-colonial, colonial and post-colonial periods,
including the transformative period of British rule. During the
colonial period, Asians were brought in to build the railways and
subsequently focused on urban-based activities. Africans,
meanwhile, found it difficult to move out of agriculture. Thus, the
ethnic-sectoral division of activities was entrenched by the formal
laws and powers of the British. Following independence, the network
and financial capital that Asians had built up allowed them to
survive early attempts at the Africanization of industry. Africans,
now supported by the formal institutions of the state, still found
it difficult to engage in manufacturing because they lacked the
informal networks that support trade and credit. The analysis is
supported by the results of a contemporary survey of 120
manufacturing firms in Nairobi's metal sector that highlight the
division between smaller African firms and larger Asian ones.
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