Contemporary economic issues in developing countries

Author(s)

    • Baffoe-Bonnie, John
    • Khayum, Mohammed

Bibliographic Information

Contemporary economic issues in developing countries

John Baffoe-Bonnie and Mohammed Khayum

Praeger, 2003

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Includes bibliographical references and index

Description and Table of Contents

Description

Important lessons for policy makers are provided here as contributors evaluate the effectiveness of domestic economic policies and the recommendations of international organizations such as the World Bank regarding the economic development of developing countries. Challenges posed by debt problems, corruption, population dynamics, poverty, and the absence of adequate human and physical capital are highlighted. Contributors cast doubts on the conclusions of the prevailing theories of economic development with patterns of economic change over the course of the 20th century. Their findings point out the issue of inadequate social capability as a critical factor in understanding the lack of economic development in many developing countries. They suggest that contemporary theorizing tends to pinpoint necessary but insufficient conditions for the successful implementation of development strategies in these countries.

Table of Contents

Preface Introduction by John Baffoe-Bonnie and Mohammed Khayum International Debt: Ten Lessons for New Millennium by John Loxley Population Dynamics and Food Production in Sub-Saharan Africs by Henry Rempel and Kazim Islam Ongoing Fertility Transition in Sub-Saharan Africa by David Shapiro and Basile O. Tambashe Poverty: Estimates and Poverty Reducing Strategies for the Developing Economy by John Gafar Environmental Issues in Economic Growth: Application of an EQT Model for Developing Countries by Fidel Ezeala-Harrison Rent-seeking and Economic Growth in Developing Countries by John Mbaku and Mwangi S. Kimenyi Corruption Control in Developing Societies: Lessons from Public Choice by John Mbaku Fiscal and Monetary Policies for Economic Development by James C.W. Ahiakpor Why Structural Adjustment Failed in Africa by George B.N. Ayittey Openness and Economic Performance of Developing Countries by Richard E. Mshomba Government Spending, Human Capital and Endogenous Growth by John Baffoe-Bonnie Life-Cycle Consumption, Economic Development, and Planning Horizon in Developing Countries by John Baffoe-Bonnie and Mohammed Khayum Defense Spending and Economic Growth by Wimal Randkaduwa

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