Africa's Third Liberation - Greg Mills and Jeffrey Herbst
Africa's Third Liberation by Greg Mills and Jeffrey Herbst ask how Africa's political leaders and interest groups can promote economic growth in their countries. Africa has experienced two liberations: the first from colonial and racist regimes, and the second from the autocrats who often followed foreign rule. African countries now have the potential to undertake a third liberation - from political economies characterised by graft, crony capitalism, rentseeking, elitism and social inequality. This third liberation will open up the economic space in which business can compete - a necessary condition for expanding employment. Drawing on studies of countries outside Africa, Jeffrey Herbst and Greg Mills identify the factors separating the performers from the laggards worldwide.