This engaging thought provoking lecture triggers crucial questions why is the state in Africa often a colossal millstone rather than a cornerstone of development. Why have African states post-independence retained inherited colonial structure, why are people in many parts of Africa poorer today than at independence, and standard of living and security have depreciated. The author posits that the African continent needs a second independence in which the primary aim would be to reclaim the state for citizens not by passing the state buy by making the state a genuine partner for development.
The Race For Capital
₦3,500.00 ₦3,500.00THE RACE FOR CAPITAL (And Other out-of-the-box Economic Arguments), is my third book and an aggregation of some my most important economic and financial thoughts in recent times, as distilled from my weekly column and elsewhere. The book’s title derives from the biggest economic argument of the day – the problem of inequality – which has finally been noticed by important economists around the world but to which no solution has yet been found. In this book, that argument is further advanced and an African perspective is added, because when ever important economic arguments such as this goes on, that most-vulnerable continent does not feature in the analysis. But the perspective of this book is not all about complaining about the state of Africa and its position development-wise, but also on solutions. Some germane solutions are hereby offered for African economies especially but every other economy around the world which seeks to reposition its people and make a dent in these hard-to-solve quagmires facing the world today. There are no simple solutions apparently.
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