The Political Economy of Liberia and Public Policy


Book Description

1. African Studies: The Politics, Economics and Policies of Liberia. 2. History of Liberia: Economic and National Developments. 3. History of Liberia: Internal Conflicts, Military Violence and Disintegration.




Liberia's Political Economy


Book Description

Ever since it was founded for freed blacks in the early 1800s, Liberia has been a country of extremes, whether comparing wealth and poverty; the lifestyles of urban elites and rural tribal communities; or corrupt national government and familial trust. This book uses Liberia’s history as the background and ongoing source of the current political and social situations, as revealed by Afrobarometer data. The study considers the ethnicity, gender, and residential location of Liberian citizens and their attitudes regarding the country’s rule of law, state authority and democratic accountability – it’s government and economic health. After presenting the history and the current data, the author makes recommendations for changing the future of this African nation. If implemented, these changes could have a profound and positive effect on the future of this country that is rated as the third-poorest in the world.




Development, (Dual) Citizenship and Its Discontents in Africa


Book Description

Based on rich oral histories, this is an engaging study of citizenship construction and practice in Liberia, Africa's first black republic.




Leading Issues in Black Political Economy


Book Description

Leading Issues in Black Political Economy brings together the foremost experts on issues ranging from employment, training, and education of African Americans. It also emphasizes macro-economic concerns of business development with special emphasis on long-term trends of black-owned businesses. The work emphasizes welfare considerations in an anti-welfare epoch, and the role of affirmative action now that it is under attack. Attention is given to the role of race in the continuing disparity of income distribution in American society. The highlights of Leading Issues include "An Employment and Business Strategy for the Next Century: A Comment," by Thomas D. Boston; "Long Term Trends and Prospects for Black-owned Business," by Andrew F. Brimmer; "Is the U.S. Small Business Administration a Racist Institution?" by Timothy Bates; "Worker Re-Training and Labor Market Outcomes: A New Focus for Labor Research," by James B. Stewart; "Race, Cognitive Skills, Psychological Capital, and Wages," by Arthur H. Goldsmith, William Darity, Jr., and Jonathan R. Veum; and "Reparations and Public Policy," by Richard F. America. The overall findings suggest that empirical wage equation specifications do matter. The role of psychological capital is critical in the marketplace. Race is indeed an important determinant of wages-especially when the influence of both cognitive skills and psychological capital are included in the wage equation. This volume will be of crucial interest to economists, political scientists, sociologists, and policy analysts studying African-American life. Thomas D. Boston is editor of the Review of Black Political Economy and professor of economics at the Georgia Institute of Technology. He is the co-editor, with Catherine L. Ross, of The Inner City: Urban Poverty and Economic Development in the Next Century, also available from Transaction.




Civil War and State Formation


Book Description

Liberia was the scene of two devastating civil wars since late 1989 and became widely considered a failed state. By contrast, the country is frequently described as a success story since the international professional Ellen Johnson Sirleaf assumed the presidency following democratic elections in 2005. The book investigates the political economy of civil war and democratic peace and puts the developments into historical perspective. The author argues that the civil wars did not represent the breakdown of the state but exhibited dynamics characteristic of state formation. His analysis of continuity and change in Liberia's political evolution details both political progress and persistent structural deficits of the polity. Book jacket.




Public Finance and Public Policy


Book Description

The second edition of Public Finance and Public Policy retains the first edition's themes of investigation of responsibilities and limitations of government. The present edition has been rewritten and restructured. Public choice and political economy concepts and political and bureaucratic principal-agent problems are introduced at the beginning for application to later topics. Fairness, envy, hyperbolic discounting, and other concepts of behavioral economics are integrated throughout. The consequences of asymmetric information and the tradeoff between efficiency and ex-post equality are recurring themes. Key themes investigated are markets and governments, institutions and governance, public goods, public finance for public goods, market corrections (externalities and paternalist public policies), voting, social justice, entitlements and equality of opportunity, choice of taxation, and the need for government. The purpose of the book is to provide an accessible introduction to the use of public finance and public policy to improve on market outcomes.




Constitutional Neopatrimonialism in Liberia


Book Description

Liberia is a dysfunctional country as the result of its patronage practices, which include nepotism, bribery, and election fraud. Stephen H. Gobewole, who grew up in Liberia, explains how these corrupt practices have created a dysfunctional institution. He traces the history of the country and answers question such as: - How have corrupt political practices contributed to the country's poor economy? - Why has public corruption been allowed to persist for so long? - What similarities does Liberia share with other sub-Saharan African countries? - How have elections been manipulated throughout the years? Other topics include United States involvement in Liberia, why so many Liberian presidents continue to act unethically, and the country's civil war. The book provides empirical evidence, including statistical figures and charts, to demonstrate that the corrupt system in Liberia has led to abject poverty, lower living standards, national instability, and underdevelopment. Moreover, the author shares public policy proposals that would ease problems, including the effective enforcement of anticorruption regulations.




African Successes, Volume I


Book Description

Studies of African economic development frequently focus on the daunting challenges the continent faces. From recurrent crises to ethnic conflicts and long-standing corruption, a raft of deep-rooted problems has led many to regard the continent as facing many hurdles to raise living standards. Yet Africa has made considerable progress in the past decade, with a GDP growth rate exceeding five percent in some regions. The African Successes series looks at recent improvements in living standards and other measures of development in many African countries with an eye toward identifying what shaped them and the extent to which lessons learned are transferable and can guide policy in other nations and at the international level. The first volume in the series, African Successes: Governments and Institutions considers the role governments and institutions have played in recent developments and identifies the factors that enable economists to predict the way institutions will function.




Development Policies and Policy Processes in Africa


Book Description

This book is open access under a CC BY 4.0 license. The book examines the methodological challenges in analyzing the effectiveness of development policies. It presents a selection of tools and methodologies that can help tackle the complexities of which policies work best and why, and how they can be implemented effectively given the political and economic framework conditions of a country. The contributions in this book offer a continuation of the ongoing evidence-based debate on the role of agriculture and participatory policy processes in reducing poverty. They develop and apply quantitative political economy approaches by integrating quantitative models of political decision-making into existing economic modeling tools, allowing a more comprehensive growth-poverty analysis. The book addresses not only scholars who use quantitative policy modeling and evaluation techniques in their empirical or theoretical research, but also technical experts, including policy makers and analysts from stakeholder organizations, involved in formulating and implementing policies to reduce poverty and to increase economic and social well-being in African countries.




Deals and Development


Book Description

When are developing countries able to initiate periods of rapid growth and why have so few been able to sustain growth over decades? This book provides a novel conceptual framework built from a political economy of business-government relations and applies it to nine countries across Africa and Asia, drawing actionable policy recommendations.