Showing papers by "John M. Luiz published in 2006"
TL;DR: In this paper, the authors examined the relationship between investment in economic infrastructure and long-run economic growth by examining the experience of South Africa in a time-series context and found that investment in infrastructure does appear to lead economic growth in South Africa and does so both directly and indirectly (the latter by raising the marginal productivity of capital).
248 citations
Book•
01 Jan 2006
TL;DR: In this article, the authors cover management principles which are addressed in any MBA or executive education or management course, with reference to Africa, to assess the risks and returns confidently, so that as practitioners, they can do business effectively.
Abstract: Doing business in African countries or emerging economies requires a different set of management skills than doing business with developed nations, or nations in other parts of the developing world. This new title meets the growing requirements of business schools and senior students to apply and adapt generic management principles to real African circumstances, to assess the risks and returns confidently, so that as practitioners, they can do business effectively. The purpose of the book is to cover management principles which are addressed in any MBA or Executive Education or Management course, with reference to Africa.
44 citations
TL;DR: In this paper, the authors examine the nature and causes of the region's marginalisation and examine the prospects for their reversal, concluding that part of the underdevelopment is due to bad luck, initial conditions and an unfavourable international economic environment.
Abstract: Purpose – The economic growth performance of Sub Saharan Africa (SSA) over the past few decades has confounded economists. The paper examines the nature and causes of the region's marginalisation.Design/methodology/approach – Analyses areas of marginalisation including: technologically, economically, socially, politically, and even intellectually. The aim here is to document all these facets in a comparative manner and to examine prospects for their reversal.Findings – The poverty of SSA has many dimensions and causes, both internal and external. Certainly part of its underdevelopment is attributable to bad luck, initial conditions, and an unfavourable international economic environment. However, the region has to accept much of the responsibility for its plight because its present state is also largely an outcome of poor policy choice and bad governance. Thus, whilst we cannot account for every facet of the question of “why some nations are rich and others poor” we are nonetheless left with some very rea...
22 citations
TL;DR: In this article, the authors examine whether NEPAD does indeed address the causes of Africa's underdevelopment and questions the probability of its success, arguing that the actual realisation of the vision is going to be awkward because problem areas have been glossed over in the plan.
Abstract: The economic development gap been Africa and the rest of the world has widened in the past four decades with no reversal of this trend in sight. Africa has responded to its underdevelopment with the New Partnership for African Development (NEPAD) which seeks to deal with the continent's relative lack of economic progress as a collective by addressing the sources of its poor economic expansion. This paper examines whether NEPAD does indeed address the causes of Africa's underdevelopment and questions the probability of its success. It argues that although NEPAD recognizes and incorporates recent developments in new growth theory, the actual realisation of the vision is going to be awkward because problem areas have been glossed over in the plan. Copyright © 2005 John Wiley & Sons, Ltd.
11 citations