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Cambridge University Press Beyond the Miracle of the Market: The Political Economy of Agrarian Development in Kenya (Political Economy of Institutions and Decisions)

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£73.79 £11.65 £25.21 £38.77 £52.32 £65.88 £79.44 22 February 2026 10 March 2026 27 March 2026 13 April 2026 30 April 2026

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Description

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.

Key Features

Used Book in Good Condition

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
09 May 2005
Listed Since
02 February 2007

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