By Irene Gaitirira
Published December 5, 2015
A book that addresses topics essential to sustainable African economic growth and the future role of Africa’s sovereigns in the global economy shall be launched in the British capital, London, on December 10, 2015.
The publication, titled The Convergence of Nations: Why Africa’s Time is Now, is said to be bringing together “the work of 31 of the world’s foremost authorities on global and regional economics whose individually authored chapters address topics essential to sustainable African economic growth and the future role of Africa’s sovereigns in the global economy.”
“Seeking to identify the essential strands of the emergent African capitalist model,” a media release from an organisation known as Quantum Global Group that is spear-heading the initiative aimed at supporting high level African focused research aimed at contributing to the continent’s fast moving growth narrative, says The Convergence of Nations “also hones in and examines the key challenges facing fast growing African states including corruption, disease and terrorist conflicts. It also addresses the potential offered by the so-called ‘demographic dividend’ offered by Africa’s young, dynamic and increasingly well-educated population as well as analysing the rapidly improving levels of transparency, governance and representative politics.”
“This expertly written book will heighten international understanding of, and interest in, our continent. This is a compellingly realistic summary of all the big themes affecting Africa’s future, and I warmly commend it,’ writes Nigerian Akinwumi Adesina, President of the African Development Bank, in the foreword of the book that is edited by Jean-Claude Bastos De Morais, founder of the Quantum Global group.
The launch of The Convergence of Nations comes hot on the heels of that of The Oxford Handbook of Africa and Economics that was released in Geneva on December 1, 2015.
The Oxford Handbook of Africa and Economics, a two-volume publication, is co-edited by Cameroonian Célestin Monga, a former Senior Economic Advisor and Director at the World Bank who became Managing Director of United Nations Industrial Development Organization (UNIDO) in 2015.
The publication—that is described as representing a stellar piece of distinguished academic analysis exploring a raft of economic and socio-political underpinnings of Africa’s growing global significance—also features contributions from academic luminaries including Nobel laureates Joseph Stiglitz (Columbia University) and Roger Myerson (University of Chicago), and prominent economists such as Jeffrey Sachs (Columbia University), Paul Collier (University of Oxford), Ha-joon Chang (University of Cambridge), Kaushik Basu (World Bank), Francois Bourguignon (Paris School of Economics), Ernest Aryeetey (University of Ghana), Mustapha Nabli (former Central Bank Governor of Tunisia) and Julia Cagé (Sciences-Po, Paris).