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Identity Economics

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Why have informal enterprise networks failed to promote economic development in Africa? Although social networks were thought to offer a solution to state incapacity and market failure, the proliferation of socially embedded enterprise networks across Africa has generated disorder and economic decline rather than development. This book challenges the prevailing assumption that the problem of African development lies in bad cultural institutions by showing that informal economic governance in Nigeria is shaped, not just by culture, but by the disruptive effects of rapid liberalization, state decline and political capture.
Identity Economics traces the rise of two dynamic informal enterprise clusters in Nigeria, and explores their slide into trajectories of Pentecostalism, poverty and violent vigilantism. Drawing on over twenty years of empirical research on African informal economies, the author highlights the institutional legacies, networking strategies and globalizing dynamics that shape the regulatory role of social networks in Africa's largest and most turbulent economy. Through an ethnography of informal economic governance, this book shows how ties of ethnicity, class, gender and religion are used to restructure enterprise networks in response to contemporary economic challenges. Moving beyond primordialist interpretations of African culture, attention is drawn to the critical role of the state and the macro-economic policy environment in shaping trajectories of informal economic governance.
KATE MEAGHER is a former Research Associate at Queen Elizabeth House, University of Oxford and is currently a Lecturer in the Development Studies Institute at the London School of Economics.

Nigeria: HEBN

Reviews

A contemporary archaeology of real institutions [as] Meagher uncovers the structures and dynamics of a political economy. JOURNAL OF AFRICA

The depth and scholarly range of the book will certainly stimulate further research on the subject of identity economics. NEW AGENDA

Informed by theory as well as sustained fieldwork, Meagher's study is a useful antidote to the purveyors of magic-bullet solutions for African development. It should be read by anyone interested in Africa's industrialization. FOREIGN AFFAIRS

Details

First Published: 18 Feb 2010
13 Digit ISBN: 9781847010162
Pages: 224
Size: 21.6 x 13.8
Binding: Paperback
Imprint: James Currey
Series: African Issues
Subject: African Studies
BIC Class: GTB

Details updated on 13 Jun 2013

Contents

  • 1  Introduction: Social networks & economic ungovernance in Africa
  • 2  Beyond the cultural turn: Rethinking African informality
  • 3  Oracles, secret societies & hometown identities: An institutional history of Igbo economic networks
  • 4  Unleashing popular entrepreneurship: Informal manufacturing & economic restructuring
  • 5  The scramble for weak ties: Restructuring informal enterprise networks
  • 6  Negotiating the web of associational life: Popular associations & networking strategies
  • 7  Collective efficiency or cutthroat cooperation?: Networks of accumulation & networks of survival
  • 8  Informality, cliental networks & vigilantes: Producers' associations & the state
  • 9  Missing link or missed opportunity?: Social networks & economic development in Africa