Description

This book offers a fresh perspective on development economics, specifically tailored to the unique challenges and opportunities facing developing economies. Drawing on the historical experiences of now-developed nations, it explores how emerging economies, particularly in Africa, can finance their development, reduce reliance on external aid, modernise infrastructure, and alleviate poverty. The book emphasizes the crucial interplay between development economics and finance, advocating for a synergistic approach to achieve efficient and effective growth. Recognising the increasingly multidisciplinary nature of modern research, it champions a hybrid approach that merges economic and financial perspectives, fostering a more comprehensive understanding of development challenges. This book’s unique contribution lies in its integrated presentation of development economics and finance within a single, cohesive framework. By bridging these two critical fields, it provides valuable insights into contemporary research trends and their practical applications across diverse disciplines and global contexts. More than just a textbook, it serves as a catalyst for debate on multidisciplinary approaches to development, equipping students and practitioners with the knowledge and tools to navigate the complexities of economic growth in the developing world.