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Technological Innovation and Capital Accumulation in Sub..Saharan Africa: Implications for Rural Development
Author(s) -
Harland Prechel
Publication year - 1986
Publication title -
social thought and research
Language(s) - English
Resource type - Journals
eISSN - 2469-8466
pISSN - 1094-5830
DOI - 10.17161/str.1808.4996
Subject(s) - capital (architecture) , development economics , economic geography , capital accumulation , rural development , economics , economic growth , human capital , economic system , geography , agriculture , archaeology
Development policy and the role of technology in the capital accumula tion process has been a subject of controversy since the 1960s. This paper reviews the divergent opinions on this issue, critiques development policy in sub-Saharan Africa, and analyzes how its connection to the global economy affects Africa's ability to accumulate capital and realize long term growth. The paper demonstrates that the urban-oriented modemiza tionist policies of the 1960s and 1970s have hampered sub-Saharan Africa's ability to feed its expanding population. The analysis suggests that inter nally directed agricultural development must proceed externally-oriented urban-industrial development.

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