West African Trade: A Study of Competition, Oligopoly and Monopoly in a Changing Economy

By P. T. Bauer | Go to book overview

PREFACE TO THE 1963 REISSUE

The reissue of a book long out of print is always gratifying to an author, particularly when, as in this instance, it represents several years of work in his special field of study.

I think that the shortcomings which a revision would need to rectify are those of omission rather than of commission. The major subjects treated represent either examination of dominant features of the West African economies and analysis of their implications, or description and discussion of topics or policies of some general interest. This applies, for instance, to the rapid progress of' the West African economies over the last half-century; the multiplicity of traders and the role and productivity of trade; the operation of restrictive tendencies in emerging economies; the high degree of concentration in the private sector of external trade; the factors influencing new entry and the prospects of entrants; the operation of private market sharing agreements, and the relation between these and official controls; the effect of buying competition on the terms of trade of producers; the main features of internal trade; the problems of price and income stabilization; the operation of official export monopolies; the special problems of official controls in underdeveloped countries; and the implications of the immigration policy.

These topics were chosen because they seemed of more than ephemeral significance in West Africa, or because they raised issues of some general interest, or because they reflected the operation of forces at work elsewhere also and thrown into unusually clear relief in West Africa. The statistics presented are all designed to illustrate one or other of these topics, and in this sense are still relevant. I hope, therefore, though this is necessarily only an expression of hope, that much of the book, including the statistics, is not out of date.

The familiar problem of the need for revision arises acutely because of the far reaching political and social changes in West Africa, which were already apparent when the book was completed about ten years ago, as is recognized in its sub-title. If I were to re-write this book now, or if I had the opportunity to revise it extensively, I would have to discuss at length certain important developments which have taken place in West Africa during the last decade, and which are relevant to the trading situation and methods there. Perhaps the most important of these are the expansion of the market; the development of local manufacturing activity; the increase in the numbers of officially sponsored or controlled industrial and trading organizations; and the decision of some of the major expatriate merchant firms to

-xvii-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
West African Trade: A Study of Competition, Oligopoly and Monopoly in a Changing Economy
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
/ 450

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.