Kapstein, E 2009, 'Africa's capitalist revolution: Preserving growth in a time of crisis', Foreign Affairs, vol. 88, no. 4, pp. 119-128. Kapstein E. Africa's capitalist revolution: Preserving growth in a time of crisis.
Africa's Capitalist Revolution. Preserving Growth in a Time of Crisis. ETHAN B. KAPSTEIN holds the INSEAD Chair in Political Economy at INSEAD in Fontainebleau, France, and is a Visiting Fellow at the Center for Global Development, in Washington, D.C. He is the author, with Nathan Converse, of The Fate of Young Democracies. it also brought urbanization and democracy, which is part of the foundation for a capitalist revolution (Kapstein, 2009). ICTs in Africa With all the turmoil in Africa, it is easy to see why the continent would have so many problems in implementing new technologies. Because citizens are desperately in need of the
The future of Africa's development hinges on whether the continent will be able to complete its capitalist revolution or the tidal wave of problems created by the global economic crisis will drown ... The emergence of the landlord/capitalist tenant/wage-labourer triad made the agricultural revolution possible and laid the groundwork for the industrial revolution. Growing agricultural production provided rising incomes for not only the middle but the lower classes, fuelling the growth of the home market. Capitalism in pre-colonial Africa: a review MORTEN JERVEN, Norwegian University of Life Sciences1 To what extent did capitalism come into being in Africa before 1850? If by capitalism we mean the production of goods for exchange by capitalists who combine their own capital
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