Emerging Issues in Contemporary African Economies

How have the events of the twenty-first century shaped African economies and societies? In this book, Steve Onyeiwu highlights the dynamics, challenges, and opportunities in African economies. He analyzes the socioeconomic and political conditions in Africa, with emphasis on events of the past two decades. Onyeiwu notes that African economies change virtually every minute, and it’s imperative to ensure the information presented is current and accurate. Climate change and the explosion of the youth population have assumed new dimensions, prompting analysts to ponder their implications for the future of African economies. Other significant changes include COVID-19 and recent apprehension about the resilience of democracy throughout the region. The author addresses these complex topics and explains how the skepticism about the endurance of democracy is fueled by economic anxiety, political violence, coup d’états and protests in many parts of Africa. The book includes recent data on key variables and events in the region. In addition to undertaking thorough revisions of the 10 chapters from the first edition, this new edition includes three new chapters on population and youth, COVID-19, and climate change. Steve Onyeiwu is Professor of Business and Economics at Allegheny College, USA. Born and raised in southwestern Nigeria, Onyeiwu was educated at the University of Connecticut, USA; University of Sussex, UK; Obafemi Awolowo University, Nigeria; and University of Port Harcourt, Nigeria. He has taught at universities in Africa, Asia, and North America, including the University of Port Harcourt, Covenant University, O.P. Jindal Global University, Wesleyan University, Trinity College, Rensselaer Polytechnic Institute, Union College, and State University of New York at Albany.