Renewing Development in Sub-Saharan Africa

Belshaw, Doug; Livingstone, Ian

doi:10.4324/9780203996508

Cited by 9 publications

(11 citation statements)

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“…Examples of business climate factors under this first category are macroeconomic, fiscal, monetary, trade and exchange rate policies and political stability. Sound macroeconomic policy is cited as an issue demanding immediate attention in Sub-Sahara Africa (Belshaw & Livingstone, 2002). According to Belshaw and Livingstone (2002), failure to follow sound macroeconomic policies has produced serious shortages of foreign exchange, shortage of imported materials and huge excess capacity in the enterprises set up.…”

Section: Theoretical and Conceptual Issuesmentioning

confidence: 99%

“…Sound macroeconomic policy is cited as an issue demanding immediate attention in Sub-Sahara Africa (Belshaw & Livingstone, 2002). According to Belshaw and Livingstone (2002), failure to follow sound macroeconomic policies has produced serious shortages of foreign exchange, shortage of imported materials and huge excess capacity in the enterprises set up. In addition, trade liberalisation and complete removal of government subsidies is a strongly debated macro level policy issue.…”

Section: Theoretical and Conceptual Issuesmentioning

confidence: 99%

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Local Business Climate in Ghana – Insights for Policy Direction

Mensah¹

2012

IJBM

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This study provides insights for enhancing the business climate in Ghana. The primary objective of the study was to identify the most relevant binding constraint(s) on the activities of micro, small and medium-sized enterprises (MSMEs) in the manufacturing sector of Sunyani Municipality and Berekum District of Ghana. Accordingly, a survey of 85 manufacturing MSMEs was conducted. In spite of energy crisis in Ghana at the time of research, the most relevant binding constraints to the enterprises surveyed were poor access to technology including technological support services, and poor access to market (which will be discussed in subsequent paper). The findings contradict policy focus on addressing governance and regulatory bottlenecks, and inadequate physical infrastructure. This underscores the importance of local business climate surveys in addition to national surveys in establishing the right policy focus for enhancing the business climate of localities within a country.

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Section: Theoretical and Conceptual Issuesmentioning

confidence: 99%

Section: Theoretical and Conceptual Issuesmentioning

confidence: 99%

Local Business Climate in Ghana – Insights for Policy Direction

Mensah¹

2012

IJBM

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“…Countries that are developed economically have an advancement in factors that brings about transformation in culture, social, educational, political and economic standards (Mick, 2007). Belshaw and Livingstone (2002) noted that improvement in economic development provides a livelihood for the majority of the population. In order to achieve a sustainable economic development, government ensures regular inflow of revenue into its treasuries, one of which is taxation which is used by government as an instrument to raise the necessary funds for public expenditure, to redistribute income, to stabilize the economy, to overcome externalities, to influence the allocation of resources, while at the same time should be supportive to the economy (Stoilova & Patonov, 2012).…”

Section: Introductionmentioning

confidence: 99%

Tax Revenue and Economic Development in Nigeria

Olaoye¹,

Ogundipe²,

Oluwadare³

2019

ASSRJ

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This study investigated the impact of taxation on economic development of Nigeria from 2003 to 2017.Vector Error Correction Model (VECM), Augmented Dickey-Fuller (ADF) unit root test, Autoregressive Distributed Lag (ARDL) bounds test, Jarque-Bera Normality Test and Eigenvalue stability condition were utilised in this study. The study revealed that companies’ income tax, petroleum profit and value added tax have a long run impact of -0.225(p-value=0.000),-0.0005 (p-value=0.699), and 0.211(p-value=0.000) respectively on the economic development of Nigeria.It was concluded that taxation has a significant long run relationship with Nigeria’s economic development. The study recommended that the government should not increase companies’ income tax rate because it is detrimental to the economic development of the country in the long run, instead the government should increase the value added tax because it has the potentiality to improve economic development of Nigeria. Also, the government should not concentrate effort on petroleum profit tax as it not significant on economic development of the country.

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“…As a result a number of alternative strategies have been proposed to transcend the development impasse. These alternative strategies have addressed the problem of the development impasse/debacle from both theoretical and empirical perspectives (Sen and Grown 1986;Sklair 1988;Asante 1991;Cornia et al 1992;Schuurman 1993;Stewart et al 1993;Himmelstrand et al 1994;Ake 1996;Yansané 1996;Rivero 2001;Belshaw and Livingstone 2002;Sow 2002;Hope 2003;Chang and Gabriel 2004). For instance, Schuurman (1993) is concerned with new directions in development theory, while Belshaw and Livingstone (2002) consider strategies for 'renewing development' in Africa.…”

Section: Introductionmentioning

confidence: 99%

Transcending the Impasse: Rethinking the ‘State’ and ‘Development’ in Africa

Gemandze¹

2006

AJIA

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This paper contributes to the ongoing debate on alternative development strategies in Africa by considering some of the alternative theories of 'development' that have been advanced in response to the developmental impasse faced by African states. It argues that a serious re-evaluation of what 'development' entails is now required that should involve a clear theoretical break with mainstream development theory. After a brief overview of the main alternative theories of development that have been proposed, the paper argues that the way to transcend the development impasse in Africa is through the concept of the 'developmental state'. It then discusses the major concepts of the developmental state before considering the feasibility of the developmental state in Africa and the key issues of state strength, state autonomy, authoritarianism and the role of the bourgeoisie. The paper argues for the centrality of democratic rural development for the feasibility of developmental states in Africa and concludes with a call to rethink the concept of development and the developmental state from the point of view of democracy and the collective.

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Renewing Development in Sub-Saharan Africa

Cited by 9 publications

References 0 publications

Local Business Climate in Ghana – Insights for Policy Direction

Local Business Climate in Ghana – Insights for Policy Direction

Tax Revenue and Economic Development in Nigeria

Transcending the Impasse: Rethinking the ‘State’ and ‘Development’ in Africa

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