Abstract
In the introductory chapter, Kalu and Falola recount Africa’s weak position in global political and economic spheres. They acknowledge that globalization has created enormous opportunities in the global market and created new winners, especially in the newly industrializing countries of Southeast Asia. However, Africa has been unable to reap much benefit from the expansion in global trade. This inability, so far, to play an important role in the global economy is attributed, at least in part, to weak institutions, poor governance records and lack of productive capacities in most of Africa’s states. Kalu and Falola want African leaders and policymakers to look inward and take steps towards transforming the state and its institutions to allow sustainable and inclusive growth.
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Notes
- 1.
See, for example, Walter Rodney, How Europe Underdeveloped Africa (London: Bogle-L’Ouverture Publications, 1972); Daron Acemoglu , Simon Johnson and James Robinson , “The Colonial Origins of Comparative Development : an empirical investigation,” The American Economic Review, 91 no. 5 (2001): 1369–1401; and Crawford Young, The African Colonial State in Comparative Perspective (New Haven, CT: Yale University Press, 1994).
- 2.
Crawford Young, The Postcolonial State in Africa: Fifty Years of Independence, 1960–2010, (Maddison, WI: The University of Wisconsin Press, 2012): 5.
- 3.
See World Bank’s poverty data, http://iresearch.worldbank.org/PovcalNet/povDuplicateWB.aspx. Accessed, March 12, 2017.
- 4.
World Trade Organization, International Trade Statistics 2015. Available at: https://www.wto.org/english/res_e/statis_e/its2015_e/its2015_e.pdf. Accessed March 13, 2017.
- 5.
UNCTAD, International Trade in Creative Goods, 2015. Available at http://unctadstat.unctad.org/wds/ReportFolders/reportFolders.aspx.
- 6.
Toyin Falola , “Africana at the Margins,” in Africa, Empire and Globalization: Essays in Honor of A. G. Hopkins, ed. Toyin Falola and Emily Brownell (Durham, NC: Carolina Academic Press, 2011), 611–622.
- 7.
Daron Acemoglu , Simon Johnson and James Robinson , “The Colonial Origins of Comparative Development : an empirical investigation,” The American Economic Review, 91 no. 5 (2001): 1369–1401; and Daron Acemoglu and James Robinson, “Why is Africa Poor?” Economic History of Developing Regions, 25 no.1, (2010): 21–50.
- 8.
Patrick Chabal and Jean-Pascal Daloz, Africa Works: Disorder as Political Instrument (Oxford & Bloomington: James Currey & Indiana University Press, 1999).
- 9.
Toyin Falola , The Humanities in Africa (Austin, TX: Pan-African University Press, 2016).
- 10.
Martin Wolf, Why Globalization Works (New Haven, CT: Yale University Press, 2004).
- 11.
One must note that although movement of goods and services have progressed at a faster rate, a number of restrictions persist with respect to movement of individuals across national boundaries .
- 12.
Peter Drahos and John Braithwaite, Information Feudalism, (London: Earthscan Publication, 2002).
- 13.
See Peter M. Lewis, Growing Apart: Oil, Politics, and Economic Change in Indonesia and Nigeria (Ann Arbor, MI: The University of Michigan Press, 2007).
- 14.
Ibid.
- 15.
Ibid, Chap. 1.
- 16.
Ha-Joon Chang, Kicking Away the Ladder: Development Strategy in Historical Perspective. (London: Anthem Press, 2003).
- 17.
Ibid.
- 18.
Toyin Falola , Humanities in Africa.
- 19.
Ibid.
- 20.
UNCTAD, World Investment Report , 2015 (Geneva and New York, NY: UNCTAD, 2016).
- 21.
Marta Bengoa and Blanca Sanches-Robles, “Foreign direct investment , economic freedom and growth: new evidence from Latin America”, European Journal of Political Economy, Vol. 19 (2003), 529–45.
- 22.
Moses Abramovitz, “Catching up, forging ahead and falling behind”. The Journal of Economic History 46, (1986), 385–406; and Jess Benhabib and Mark Spiegel, “The role of human capital in economic development : evidence for cross-country data”. Journal of Monetary Economics 34, (1994), 143–173.
- 23.
UNCTAD, World Investment Report .
- 24.
Gabriel Eweje, “Environmental Costs and Responsibilities Resulting from Oil Exploitation in Developing Countries : The Case of the Niger Delta of Nigeria,” Journal of Business Ethics, 69, (2006), 27–56.
- 25.
UNCTAD, World Investment Report .
- 26.
Ibid.
- 27.
Richard A. Joseph, Democracy and Prebendal Politics in Nigeria: The Rise and Fall of the Second Republic, (Cambridge: Cambridge University Press, 1987).
- 28.
Patrick Chabal and Jean-Pascal Daloz, Africa Works: Disorder as Political Instrument (Oxford & Bloomington: James Currey & Indiana University Press, 1999).
- 29.
Falola , Humanities in Africa.
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Kalu, K., Falola, T. (2018). Introduction: Africa in a Globalized World. In: Falola, T., Kalu, K. (eds) Africa and Globalization. African Histories and Modernities. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-74905-1_1
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