Beyond the Miracle of the Market
The Political Economy of Agrarian Development in Kenya
Format:Hardback
Publisher:Cambridge University Press
Published:9th May '05
Currently unavailable, and unfortunately no date known when it will be back
This hardback is available in another edition too:
- Paperback£23.99(9780521617956)
This 2005 book focuses on Kenya, a country that continued to grow while others declined in Africa.
As capitalism defeated socialism in Eastern Europe, the market displaced the state in the developing world. Beyond the Miracle of the Market, first published in 2005, focuses on Kenya, a country that continued to grow while others declined in Africa, and mounts a prescient critique of the neo-classical turn in development economics.As capitalism defeated socialism in Eastern Europe, the market displaced the state in the developing world. In Beyond the Miracle of the Market, first published in 2005, Bates focuses on Kenya, a country that continued to grow while others declined in Africa, and mounts a prescient critique of the neo-classical turn in development economics. Attributing Kenya's exceptionalism to its economic institutions, this book pioneers the use of 'new institutionalism' in the field of development. In doing so, however, the author accuses the approach of being apolitical. Institutions introduce power into economic life. To account for their impact, economic analysis must therefore be complemented by political analysis; micro-economics must be imbedded in political science. In making this argument, Bates relates Kenya's subsequent economic decline to the change from the Kenyatta to the Moi regime and the subsequent use of the power of economic institutions to redistribute rather than to create wealth.
'This book could not have been written at a better time. While the book focuses on Kenya, it is equally applicable to all of Africa, Latin America, and perhaps to the newly evolving capitalist countries of Eastern Europe. Must reading for advanced students, researchers, and policymakers concerned with Africa, development economics, or institution building.' Choice
'Theoretically rigorous, at times even elegant, this volume further confirms Robert Bates as one of the keenest observers of the complex relationship between politics and economics in the developing world … Throughout, Bates masterfully expands on his theoretical arguments, demonstrating that it is necessary to anchor an analysis of class formation within an analysis of social structure and that one has to include an analysis of the broader polity within any study of agrarian politics.' American Political Science Review
'… this is an unusually challenging and insightful volume. It is a major contribution to studies of Kenya while its theoretical and methodological rigor make it of interest well beyond the Kenyan context.' International Journal of African Historical Studies
'… will challenge the thinking of academics and practitioners alike … The conclusions are valuable, but the story told in getting there is still more valuable in this empirically rich and theoretically challenging study.' American Anthropologist
'… a new edition of a very successful volume first published in 1989. … I was struck by how well the … book has aged. It is a complex story, but well told … [it] shows a truly sophisticated and deep understanding of the new institutionalist analysis.' Public Choice
ISBN: 9780521852692
Dimensions: 236mm x 156mm x 21mm
Weight: 420g
226 pages
2nd Revised edition