African Renaissance in the New Millennium?:From Anarchy to Emerging Markets?

The political economy of Africa is at the crossroads. The centrally controlled economies are giving way to global liberalism. Yet many of the continent\'s economies are still suffering from the residual effects of centralism, while poorly adjusting to the new dispensation. In the meantime, regionalism as a development strategy seems to be getting a new lease of life in the general development discourse in Africa while assuming varying forms. Furthermore, under globalization, Africa maybe on the verge of becoming an important player as an emerging market. Such forms of development are creating a dynamism in the new political economy of the continent, which may drive the African renaissance. (A. J. of Political Science: 2001 5(1): 14-28

From war to economic recovery: Peace as a public good in Angola

After twenty years of civil war in Angola, and following the country's devastation, transition to a market economy and democracy has finally begun. The end of the war has prompted individual expectations of a real income rise. Within this context, the paper sets out to analyse the willingness of civil servants to help pay (wtp) for consolidation of a public good - peace - in Angola and to calculate the extent to which they are willing to accept (wta) government compensation should it fail to assure this public good. The model used is based on a subjective expected utility function and the sample is taken from high-ranking public administration staff. Results obtained permit one to determine and to interpret wtp and wta by age, sex, hierarchical position, income and number of military conscripts per family.Angola, Military expenditures, Peace as a public good, CVM questionnaire, Willingness to pay, Willingness to accept,