Paul Vandenberg - Böcker

Why have Africans not gained a more dominant position in urban manufacturing in Kenya? This question is explored through an analysis of the institutions, both formal and informal, that have affected patterns of capital accumulation in Kenya by the African and Asian (Indian) communities. Using a new institutional economics approach, this book explores the history of economic activity through the pre-colonial, colonial and post-colonial periods, including the transformative period of British rule. During the colonial period, Asians were brought in to build the railways and subsequently focused on urban-based activities. Africans, meanwhile, found it difficult to move out of agriculture. Thus, the ethnic-sectoral division of activities was entrenched by the formal laws and powers of the British. Following independence, the network and financial capital that Asians had built up allowed them to survive early attempts at the Africanization of industry. Africans, now supported by the formal institutions of the state, still found it difficult to engage in manufacturing because they lacked the informal networks that support trade and credit. The analysis is supported by the results of a contemporary survey of 120 manufacturing firms in Nairobi’s metal sector that highlight the division between smaller African firms and larger Asian ones.

Why have Africans not gained a more dominant position in urban manufacturing in Kenya? This question is explored through an analysis of the institutions, both formal and informal, that have affected patterns of capital accumulation in Kenya by the African and Asian (Indian) communities. Using a new institutional economics approach, this book explores the history of economic activity through the pre-colonial, colonial and post-colonial periods, including the transformative period of British rule. During the colonial period, Asians were brought in to build the railways and subsequently focused on urban-based activities. Africans, meanwhile, found it difficult to move out of agriculture. Thus, the ethnic-sectoral division of activities was entrenched by the formal laws and powers of the British. Following independence, the network and financial capital that Asians had built up allowed them to survive early attempts at the Africanization of industry. Africans, now supported by the formal institutions of the state, still found it difficult to engage in manufacturing because they lacked the informal networks that support trade and credit. The analysis is supported by the results of a contemporary survey of 120 manufacturing firms in Nairobi’s metal sector that highlight the division between smaller African firms and larger Asian ones.

The growth model of the People's Republic of China (PRC) has been based on high investment and exports, a low-cost advantage, and government interventions. This model has successfully transformed the country from a low-income to an upper middle-income economy. However, the model has generated contradictions that could undermine future growth. Making the transition to high income requires greater reliance on efficiency, productivity, innovation, and market competition.This book examines the challenges faced by the PRC in sustaining robust growth and offers policy options for making a successful transition to high income while avoiding the middle-income trap. Chapters focus on all aspects of the PRC's economy including: the growth model, the role of government, industrial upgrading, the financial sector, fiscal management, human capital, the services sector, urbanization, labor market transitions, aging and the pension system, income inequality, managing external economic relations, and water scarcity.Policy analysts, researchers, academics, and students interested in the growth and development prospects of the PRC will find this book invaluable, as will practitioners and policymakers in government agencies and international organizations.Contributors: L. Brandt, F. Cai, J. Huang, Y. Huang, K. Jia, Y. Jiang, X. Lei, L. Li, J. Liu, Y.F. Lommen, N. Lustig, J. Ros, L. Song, P. Vandenberg, G. Wan, M. Wang, W.T. Woo, L. R.Wray, J. Xu, Y. Yao, C. Zhang, Y. Zhao, J.Zhuang

This publication explores Georgia's growing technology startup scene, assesses the challenges and opportunities for new ventures, and outlines ways to boost the ecosystem and help spur social and economic growth.Drawing on interviews with founders, the publication analyzes the prospects for tech startups in agriculture, the green economy, health, and education. It examines the government's active role and looks at funding options including venture capital. Explaining why founders struggle to secure financing and international exposure, it outlines how Georgia can develop its talent pools, encourage more women founders, and tailor support to ensure its startups survive and thrive.

This report examines the growing technology startup scene in Indonesia, assesses the challenges and opportunities for new ventures, and identifies ways to boost the ecosystem and drive social and economic growth.Drawing on interviews with founders and other stakeholders, the report analyzes the prospects for tech startups in agriculture, the green economy, health, and education. It examines the active role of government and looks at funding options, including venture capital. It explains why it is difficult for founders to obtain funding in the early stages of development and outlines how Indonesia can develop its talent pools and provide support to help its startups survive and thrive.