Show simple item record

dc.contributor.advisorMcCarthy, Colin
dc.contributor.authorAgbor, Julius Agbor
dc.date.accessioned2021-02-05T12:01:21Z
dc.date.available2021-02-05T12:01:21Z
dc.date.issued2004
dc.identifier.urihttp://hdl.handle.net/11394/7754
dc.descriptionMagister Commercii - MComen_US
dc.description.abstractNearly half a century after independence, the Cameroon economy has experienced little or no growth in per capita incomes in spite of the enormous natural and human potentials of the country and in spite of the huge packages of aid and subsequent debt relief received from the international donor community, suggesting a more profound cause to the development problems facing the country. Under the current WTO rules-based system of multi-lateral trade management, Cameroon, like other poor countries, is left with limited scope for effective implementation of industrial and trade policies that could bail her out of her present predicament. Against this backdrop, this study seeks to explore the fundamental determinants of sustainable growth within the context of the Cameroonian economy. While acknowledging the role of openness to international markets in promoting growth, its effects could only be maximised with the attainment of certain threshold conditions such as the availability of basic skills, provision of vital infrastructure services and public goods, and good governance. In a nutshell, for development to happen, the country needs not only well functioning markets, but also good governments that do not steal the fruits of workers' labour. Drawing on the endogenous growth models, the study suggests that incentives for investment in knowledge capital, for infrastructure provision and for good governance could bail the country out of its low level traps, setting it on the path of sustainable growth in an evermore globalising world economy.en_US
dc.language.isoenen_US
dc.publisherUniversity of the Western Capeen_US
dc.subjectLong run Growthen_US
dc.subjectEndogenous Growthen_US
dc.subjectFundamental Determinantsen_US
dc.subjectIncreasing Returnsen_US
dc.subjectInitial Conditionsen_US
dc.subjectIncentivesen_US
dc.subjectKnowledge Capitalen_US
dc.subjectTechnology Transferen_US
dc.subjectGood Governanceen_US
dc.subjectCameroonen_US
dc.titleThe fundamental determinants of long run growth in the Cameroonian economyen_US
dc.rights.holderUniversity of the Western Capeen_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record