Private Enterprise-Led Economic Development in Sub-Saharan Africa : The Human Side of Growth

As A Continent, Africa Occupies Nearly A Quarter Of The World's Land Area And Is Home For One-seventh Of Its Population. But A Large Proportion Of The People, Especially Those Living In Sub-sahara Africa (ssa), Are Mired In Abject Poverty. Recent Years, However, Have Witnessed Some Positive Developments. Six Of The World's Ten Fastest-growing Economies In 2010 Were From There. But Their Growth Has Failed To Translate Into Job Creation And Inclusive Development. This Experience Has Encouraged A Renewed Search For A Sustainable Economic Development Model For The Sub-continent. Private Enterprise-led Development In Sub-saharan Africa Provides A Novel Theoretical And Conceptual Model To Guide Research Into Africa's Economic Development. It Endorses The View That Private Enterprise-led Growth Will Help Reduce Poverty Since It Strengthens Individuals' Capacity To Care For Themselves And Their Families. It Also Argues For An Emphasis On Soft Economics (i.e. The Human Side Of Economic Activities) And Introduces Human Capability Development As A New Theoretical Framework For Understanding And Studying Economic Growth And Development. -- Part I. The Context And Trends Of Economic Development In Sub-saharan Africa. 1. Introduction; 2. Political And Social Context Of Economic Development In Sub-sahara Africa; 3. Explaining Africa's Recent Economic Growth Experiences; 4. Contemporary Perspectives On Economic Growth And Development; 5. The Human Factor In Economic Development -- Part Ii. Culture, Civil Society And Economic Growth: 6. Culture And Its Relevance To Economic Development Discourses; 7. Subcultures, Networks And Trust; 8. Theories Of Organizational Cultures; 9. African Culture And Economic Development -- Part Iii. Leadership, Governance And Management: 10. Leadership And The Management Of Human Capability Development Processes; 11. Cultural Influences On Leadership And Human Resource Management In Africa -- Part Iv. Entrepreneurial Orientation, Innovation And Economic Growth: 12. Theories And Perspectives On Entrepreneurship; 13. Learning, Innovation And Entrepreneurship; 14. Entrepreneurial Activities In Africa: Opportunities And Challenges -- Part V. Global Orientation And Integration: 15. Internationalization Theories And Africa's Economic Growth Prospects; 16. Regionalization And Economic Integration; 17. Reflections, Conclusions And The Way Forward. John Kuada. Includes Bibliographical References (pages 228-267) And Index. 'Private Enterprise-Led Development in Sub-Saharan Africa' provides a novel theoretical and conceptual model to guide research into Africa's economic development. It endorses the view that private enterprise-led growth will help reduce poverty since it strengthens individuals' capacity to care for themselves and their families. As a continent, Africa occupies nearly a quarter of the world's land area and is home for one-seventh of its population. But a large proportion of the people, especially those living in Sub-Sahara Africa (SSA), are mired in abject poverty. Recent years, however, have witnessed some positive developments. Six of the world's ten fastest-growing economies in 2010 were from there. But their growth has failed to translate into job creation and inclusive development. This experience has encouraged a renewed search for a sustainable economic development model for the sub-continent. Private Enterprise-Led Development in Sub-Saharan Africa provides a novel theoretical and conceptual model to guide research into Africa's economic development. It endorses the view that private enterprise-led growth will help reduce poverty since it strengthens individuals' capacity to care for themselves and their families. It also argues for an emphasis on soft economics (i.e. the human side of economic activities) and introduces human capability development as a new theoretical framework for understanding and studying economic growth and development Front Matter....Pages i-viii Front Matter....Pages 1-1 Introduction....Pages 3-18 Political and Social Context of Economic Development in Sub-Saharan Africa....Pages 19-32 Explaining Africa’s Recent Economic Growth Experiences....Pages 33-39 Contemporary Perspectives on Economic Growth and Development....Pages 40-50 The Human Factor in Economic Development....Pages 51-74 Front Matter....Pages 75-76 Culture and Its Relevance to Economic Development Discourses....Pages 77-91 Subcultures, Networks and Trust....Pages 92-99 Theories of Organizational Cultures....Pages 100-111 African Culture and Economic Development....Pages 112-125 Front Matter....Pages 127-128 Leadership and the Management of Human Capability Development Processes....Pages 129-141 Cultural Influences on Leadership and Human Resource Management in Africa....Pages 142-150 Front Matter....Pages 151-152 Theories and Perspectives on Entrepreneurship....Pages 153-163 Learning, Innovation and Entrepreneurship....Pages 164-173 Entrepreneurial Activities in Africa: Opportunities and Challenges....Pages 174-185 Front Matter....Pages 187-188 Internationalization Theories and Africa’s Economic Growth Prospects....Pages 189-205 Regionalization and Economic Integration....Pages 206-214 Reflections, Conclusions and the Way Forward....Pages 215-223 Back Matter....Pages 224-278