IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-24972-5_14.html
   My bibliography  Save this book chapter

Macroeconomic Policy Lessons from Africa

In: Can South and Southern Africa become Globally Competitive Economies?

Author

Listed:
  • Anselm London

Abstract

The early tradition in economics made little distinction between economic growth and economic development. Accordingly, a country’s advancement was, as a matter of practice, almost invariably measured by the level of real per capita income, and it was only subsequently that clear distinctions began to be made between growth and development. Indeed, it was Seers (1972) who stressed that among the key questions to be asked about a country’s development should be: what has been happening to poverty, unemployment and inequality? Indeed, he went on to caution that if one or two of these central problems grew worse, and especially if all three did, it would be strange to call the result ‘development’ even if real per capita income had soared. In today’s circumstances, Seers would probably have added at least three other questions to his list, namely, what has been happening to the environment, to sex equality and to human freedom?

Suggested Citation

  • Anselm London, 1996. "Macroeconomic Policy Lessons from Africa," Palgrave Macmillan Books, in: Gavin Maasdorp (ed.), Can South and Southern Africa become Globally Competitive Economies?, chapter 13, pages 148-158, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-24972-5_14
    DOI: 10.1007/978-1-349-24972-5_14
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-24972-5_14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.