African Policy Innovation and the Political Economy of Public-Private Policy Partnerships

African Policy Innovation and the Political Economy of Public-Private Policy Partnerships

Fred Olayele (Sprott School of Business, Carleton University, Canada)
Release Date: June, 2022|Copyright: © 2022 |Pages: 297
DOI: 10.4018/978-1-7998-7383-9
ISBN13: 9781799873839|ISBN10: 1799873838|EISBN13: 9781799873853|ISBN13 Softcover: 9781799873846
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Description & Coverage
Description:

A core political economy issue in the growth literature is how to structure the relationship between the public and private sectors to ensure optimal outcomes. While conventional arguments on the ability of the private sector to intrinsically generate efficiency gains remain valid, governments’ traditional role of providing an enabling environment to foster private risk taking for capital accumulation is no less important.

African Policy Innovation and the Political Economy of Public-Private Policy Partnerships borrows from contemporary theories of policy change and raises some fundamental questions about the political economy of development in Africa. This book examines the current knowledge and research about the role of public-private policy partnerships in the policy innovation discourse. It contributes a comprehensive, cutting-edge analysis vis-à-vis the appropriateness of contemporary policy devices and paradigms, the compatibility of individualistic analytical frameworks with the African philosophy of Ubuntu, the debate on the rise of neoliberalism versus Africa's traditions and values, and the implications of path dependence for the African Renaissance. From local communities and NGOs to African governments and international development agencies, the author advances a multi-stakeholder development policy and programming framework which recognizes Africa's vastly heterogenous economies and societies.

Covering topics such as policy diffusion, demographic shifts, inequality, rentier capitalism, industrial transformation, development finance innovations, venture capital ecosystems, tax policy and supply-side economics, ocean finance, the global minimum tax debate, and higher education under disruptive technologies, this premier reference source is an excellent resource for government officials, policymakers, entrepreneurs, business leaders, libraries, students and educators of higher education, researchers, and academicians.

Coverage:

The many academic areas covered in this publication include, but are not limited to:

  • Demographic Shifts and the Leapfrog Effect
  • Development Finance Innovations
  • Economic Transformation and Neoclassicism
  • Federalism and State Structures
  • Modern Capitalism and Inequality
  • Policy Change Theories
  • Policy Paradigms and Devices
  • Regional Innovation Ecosystems
  • Schumpeterianism and Policy Innovation
  • Sustainability and Resource Extraction
  • Sustainability and the Energy Transition
  • Tax Policy and Supply-side Economics
  • The Political Economy of Development
  • Trade and Regional Integration
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Editor/Author Biographies
Fred Olayele’s diverse career spans academia, government, finance, and international development. A distinguished economist and public policy expert, his research interests and practice areas cover trade policy, innovation, FDI, urban policy, political economy, and inclusive development. He has published and shared best practices in these areas at numerous conferences and institutions around the world. He has consulted widely and advised many public and private organizations in Canada, United States, and Africa. Previously, Dr. Olayele was Chief Economist and Senior Vice President with the New York City Economic Development Corporation, where he oversaw a wide range of economic research and policy initiatives. Prior to that, he held several economic policy positions and advised the Canadian provincial governments of British Columbia and Saskatchewan across the FDI, economic development, and energy policy domains. Earlier in his career, he was a global trade finance specialist with Citigroup. Professor Olayele has held academic positions and taught graduate and undergraduate courses in economics, strategy, and public policy at the University of Regina and Carleton University. He has served as a visiting professor and guest speaker across universities and academic institutions abroad. He was a Visiting Scholar at the World Trade Institute in Bern, Switzerland, and a Visiting Professor of Trade and Development at the University of Las Palmas de Gran Canaria, Spain. A passionate teacher and public intellectual, he serves on various non-profit boards and supports many social causes. He holds a PhD in Economics.
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