1st Edition

African Economic Development Myths, Models and Policies

By Beryl Adongo Oranga, Robert Buckley Copyright 2026
148 Pages 9 B/W Illustrations
by Routledge

148 Pages 9 B/W Illustrations
by Routledge

Myths have long plagued the understanding of Africa. Today, the myths continue but are very different and certainly are more sophisticated, taking the form of economic models of behavior or statistical analyses, sometimes based on faulty data or interpretations of it. It is not surprising, as a result, that they lead to very different policy conclusions. This book reviews the performance of... Read more

Preface.1. Introduction Section I: Perspectives in Search of Theory 2. Economic Growth in Low-Income Africa: Through the Prism of Improved and More Recent Data 3. Foreign Aid: Finance Versus Fiscal Assistance 4. Africa is not On Time Section II: Theory in Search of Evidence 5. Convergence: Not in Low-Income Africa 6. Obstacles to Convergence: Thought Experiments and Divergence Clubs 7. The Bottom Half of the Bottom Billion: Changes Over Time Section III: Conclusion 8. Myths and their Implications

Biography

Beryl Adongo Oranga, PhD, is a Senior Research Economist based in the USA, whose work focuses on Sub-Saharan Africa.

Robert Buckley, PhD, was the Studley Fellow in International Affairs at the New School, USA, and Advisor and Principal Economist at the World Bank.