Africonomics

R440.00

In this story of Western economic thought about Africa, historian Bronwen Everill argues that Western interventions in African economies fail because they start from a misguided premise: that African economies just need to be more like the West.

SKU: 9780008581152 Category:

Africonomics

Ignoring Africa’s own traditions of economic thought, Europeans and Americans assumed a set of universal economic laws that they thought could be applied anywhere. They enforced specifically Western ideas about growth, wealth, debt, unemployment, inflation, women’s work and more, and used Western metrics to find African countries wanting.

The West does not know better than African nations how an economy should be run. By laying bare the myths and realities of our tangled economic history, Africonomics moves from Western ignorance to African knowledge.

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