1. MANAGERIALISM AND ECONOMIC DEVELOPMENT IN AFRICA.
- Author
-
Prasad, S. Benjamin
- Subjects
MANAGEMENT ,ECONOMIC development ,EXECUTIVE ability (Management) ,INTERNATIONAL trade - Abstract
There is a growing literature relevant to economic development and growth in Africa as a whole as well as with reference to individual countries. In these one can discern several approaches followed for purposes of analyses and recommendations. One such approach which prominently comes up in discussions relevant to the economic growth in Africa is "foreign trade" approach. A recent observer of the African scene expressed, "there is a greater awareness of the importance of taking the export sector explicitly into account in the development programs in Africa." The approach in this paper is that of managerialism as it relates to economic growth. The term managerialism denotes a set of management capacities imperative to run business enterprise effectively. Such denotation would vary according to the size and complexity of the business operation but nevertheless is more desirable than the term management which denotes corporate management as observed and described in the North American continent and Western Europe mostly.
- Published
- 1967