TRADITIONAL INSTITUTIONS, TECHNOLOGY ADOPTION AND ECONOMIC GROWTH IN AFRICA: THE CASE OF ZIMBABWE
Journal Title: Asian Journal Social Sciences & Humanities - Year 2013, Vol 2, Issue 3
Abstract
While a commendable effort has been made in establishing world economic growth determinants, the war to establish the causes of a slow economic growth in Africa still rages on. This paper offers an alternative explanation to the causes of a slow economic growth in Zimbabwe. The findings demonstrate that the augmented Solow model of economic growth can equally explain the determinants of economic growth in Zimbabwe. However, we find evidence that the slow economic growth in Zimbabwe is a result of the slow rate of technology adoption by economic agents due to captivity in ancestral beliefs. The study establishes that the captivity or attachment of Africans to traditional beliefs makes the production systems in African countries inelastic to global technological progress hence leading to slow growth. The largest contributor of economic growth in Zimbabwe is the inherited technology or the historical factors of production.
Authors and Affiliations
C. Pindiriri
Keywords
Related Articles
- EP ID EP156844
- DOI -
- Views 203
- Downloads 0
BALANCING ACT: AN ANALYSIS OF INDIA’S NATIONAL NARCOTIC POLICY
The article attempts an analysis of The National Narcotic Policy 2012 of the Government of India. The policy implications are wide and all encompassing. While adherence to international conventions has been a ben...
Standard Albanian and the Language of Television Concrete Observations
The in every standard language there are phonetic, morphologic, syntactic and lexical norms at work. In the process of standardization of a language, the rules of orthography occupy a central role. Orthography is not an...
IBNE SA’AD’S “AL-TABAQAT”: ITS METHODOLOGY AND CRITICAL ANALYSIS
The book of Ibne Sa’ad named “Al-Tabaqat” is a scholastic treasury which consists of eight volumes. The first two volumes are specified for Seera of the Holy Prophet Muhammad (PBUH). The rest of the six volumes c...
THE DETERMINANTS OF WOMEN EMPOWERMENT AND ITS IMPACT ON POVERTY ALLEVIATION: A CASE OF KWARA STATE, NIGERIA (A PILOT STUDY)
Enormously meaningful research and studies have suggested positive relationship between women empowerment (WE) and poverty alleviation (PA), albeit, insufficient research has been conducted in Kwara state on the field of...
OCCUPATIONAL STRESS ON EMPLOYEES IN INFORMATION TECHNOLOGY ORGANIZATIONS
Now a days, the occupational stress is becoming an issue of concern for all types of organizations. Information Technology based organizations are not an exception in this regard. In Pune which is an IT hub, Information...