The human side of economic development in Africa: a paradigm shift

John Kuada

African Journal of Economic and Management Studies, 2015, vol. 6, issue 4, 334-342

Abstract: Purpose - – This editorial builds on the distinction between soft and hard economics and discusses dominant explanations for the development challenges of Sub-Sahara African (SSA) countries. It also seeks to offer a backdrop for the papers in the present volume ofAJEMS. The paper aims to discuss these issues. Design/methodology/approach - – It is based on a review of a selection of literature that highlights the dominant perspectives in neoclassical economics and competing streams of research that provide alternative perspectives. Findings - – The review suggests the emergence of a competing paradigm that focuses attention on the human factor in economic growth process – i.e. the development of human capability as a foundation of sustainable inclusive growth. The competing streams of research seem to co-exist today, but there are potentials for paradigmatic criss-crossing in future research. Originality/value - – It provides directions for future research into issues of economic growth and poverty alleviation in SSA.

Keywords: Africa; Neoclassical economics; Institutional economics; Economic growth; Economic development; Paradigm shift soft economics (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:eme:ajemsp:v:6:y:2015:i:4:p:334-342

DOI: 10.1108/AJEMS-09-2015-0104

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