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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Is Africa rising? Liberia as a microcosm of Africa's transformation
Author:Cassell (Jr), Donald L.
Year:2011
Periodical:Liberian Studies Journal (ISSN 0024-1989)
Volume:36
Issue:1
Pages:53-100
Language:English
Geographic terms:Africa
Liberia
Subjects:economic development
governance
Abstract:This work reviews the recent discussion and scholarship surrounding Africa's economic growth during the last two decades. It considers the euphoria and hopeful exuberance during the period of independence in the 1960s and the subsequent failures and disappointments of the 1970s that lead to decades of despair. Primarily, it considers the recent improvement in society, governance, and the economy across the continent - trends that have ignited worldwide hope that Africa may be reviving. The paper considers the themes of governance, the development of better legal structures and regulations, as well as the growth of markets and technology in Africa over the last two decades and the presence of new ideas. The author reviews major investment opportunities in consumer markets, mineral extractions, technology, infrastructure, and people. The need for investment in people is, above all, central to the rise of Africa. Liberia is referenced as an example in the context of the larger themes mentioned above. The work then concludes on a hopeful but cautious note encouraging the continuous and intelligent participation of the international community in Africa's development and growth. Bibliogr., notes, ref., sum. [Journal abstract]