African Economic Development
This new text offers a much needed overview of African economic development, surveying the historical and geographic context and the development experience since Independence, with a particular focus on the period since 2000.
Opening with an analysis of some of the main theories relating to development in Sub-Saharan Africa, the book explores all the key issues, including:
Key economic sectors;
Africa’s role in the world economy;
Sustainable development and environmental issues;
Political dimensions of economic development.
This clear and comprehensive text will be suitable for use on courses on African Economic Development, Development Economics, African Studies and Development Studies.
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About the Author
Jeffrey M. Wooldridge is a University Distinguished Professor of Economics at Michigan State University, where he has taught since 1991. From 1986 to 1991, he served as Assistant Professor of Economics at the Massachusetts Institute of Technology. Dr. Wooldridge has published more than three dozen articles in internationally recognized journals, as well as several book chapters. He is also the author of ECONOMETRIC ANALYSIS OF CROSS SECTION AND PANEL DATA. His work has earned numerous awards, including the Alfred P. Sloan Research Fellowship, the Multa Scripsit award from Econometric Theory, the Sir Richard Stone prize from the Journal of Applied Econometrics, and three graduate teacher-of-the-year awards from MIT. A fellow of the Econometric Society and of the Journal of Econometrics, Dr. Wooldridge has been editor of the Journal of Business and Economic Statistics and econometrics co-editor of Economics Letters. He has also served on the editorial boards of the Journal of Econometrics and the Review of Economics and Statistics. Dr. Wooldridge received his B.A. with majors in computer science and economics from the University of California, Berkeley, and received his Ph.D. in economics from the University of California, San Diego.
Building on the success of previous editions, Economics, Twelfth Edition, has been thoroughly updated and revised. Rigorous yet also accessible to beginners, it provides comprehensive coverage of both introductory macroeconomics and microeconomics. The authors balance in-depth explanations of key theoretical concepts with a wide range of real-world examples drawn from around the globe. They incorporate numerous pedagogical features including highlighted definitions of economic terms, short revision questions, and updated end-of-chapter questions.
New to this Edition:
* Incorporates full coverage of the 2008 banking crisis and recession, featuring revised sections on banking, the financial system, and fiscal policy
* Integrates a broad range of international applied examples, including the cost of climate change, celebrity earnings, and global imbalances in the economy
* Includes more end-of-chapter questions
An updated and expanded Companion Website contains resources for students and instructors:
* Self-test questions
* Interactive chapters
* Web links
* Flashcard glossary
* Author’s blog
* Figures from the text
* Instructor’s Manual
* Animated PowerPoint-based slides
* Test bank
Written by Emeritus Professor LIM Chong-Yah, Founding Chairman of the tripartite National Wages Council (NWC), this unique volume offers readers an insider’s view of the genesis and the evolution of the wage determination mechanism and system in Singapore under the aegis of the NWC. As a tripartite body dealing with wages, wage policies and wage-related matters and promoting Growth with Equity, the NWC played a critical role in transforming industrial relations in Singapore from the then confrontational approach to that of mutual understanding, esprit de corps and social co-partnership. Drawing from his 30-year experience as NWC Chairman (1972-2001), Singapore’s eminent Economics Professor shares with readers the important process and problems of seeking equitable wage increases through tripartite consensus based on a yearly national wage guideline system. The book also chronicles the role of the NWC in crisis management in 1974, 1985 and 1998, and in Economic Restructuring, 1979-1981. The structure and operation of this unique Singapore institution and the interesting problems of securing unanimity of support from the three tripartite partners are revealed in the book. Some important NWC personalities and their concerns and unique contributions are interestingly covered, anecdotally.
Readership: Undergraduates, postgraduates and general public who have a keen interest in labour economics and industrial relations.
Examples of current events from Australia and New Zealand help explain how discussions on the role of the government can affect the economy. Microeconomics Principles and Practice is concerned with concepts and understanding, which sets it apart from competitor texts.