: Drawing on the work of Hernando de Soto, Guest argues that the lack of secure property rights is a massive hurdle. Without formal titles to their land and homes, millions of Africans hold "dead capital" that cannot be used as collateral for loans to start or grow businesses.
Product Description. A former Africa editor for The Economist, Robert Guest addresses the troubled continent's thorniest problems: www.smithsonianbooks.com The Shackled Continent: Power, Corruption, and ...
In , Robert Guest —former Africa editor for The Economist —delivers a provocative analysis of why Africa has historically struggled with poverty while other regions have prospered. Published by Smithsonian Books and available at Penguin Random House and Barnes & Noble , the book argues that the continent’s primary "shackle" is not its colonial past or lack of aid, but the failures of its own leadership. Core Arguments and Themes : Drawing on the work of Hernando de
: Guest asserts that since independence, many African governments have failed their people through predatory "vampire state" behavior. He highlights how autocrats often view their office as a license to enrich themselves, citing leaders like Robert Mugabe in Zimbabwe as prime examples. A former Africa editor for The Economist, Robert