South Africa’s history of colonialism and apartheid led to major regional disparities in its level of development. Since 1994, the new democratic government has sought to address the apartheid legacy…

Forr a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks. Countries dependent on oil, gas, and…

The book discusses the foundations of economics development and institutions. The chapters touch on several issues such as : 1) Institutions,Clientalism and Inequality 2) Institutions and Growth 3)…

The guiding framework for policymaking in Kenya embodies both a national and international outlook. On the one hand is the Kenya Vision 2030 while on the other are the Sustainable Development Goals...

The impact of economic activity on the environment is considered an external effect when it is not taken into account in the decision‐making process of economic agents. This chapter introduces the…

Resource rent in aquaculture (RRA) is any payment to a farm and site owner, on land or sea, in excess of the costs needed to bring that farm into production. For analytic and policy purposes it may be…

Kahn, Mwai, Kazi, and Marseille explain how economics brings together estimates of disease burden and the costs needed to reduce that burden so that policymakers can choose which intervention…