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In an interview on PBS about economic development in Africa, Ghanaian economist George Ayittey stated that of the 54 African countries, only 8 had a free press. For Africa's economic development, Ayittey argued strongly for the establishment of a free press. Why would a free press be vital for the enhancement of property rights and the rule of law? How could a free press help reduce corruption?

Short Answer

Expert verified
A free press plays an integral role in economic development, particularly in the enhancement of property rights and rule of law. It acts as a watchdog for any abuses and irregularities and promotes transparency and accountability in society. By exposing corruption, it can contribute significantly to reduce such practices, fostering an environment that is more conducive for economic growth and development.

Step by step solution

01

Understanding the Concept of a Free Press

A free press refers to a media environment where journalism can flourish without censorship or other forms of governmental restraints. It can serve as an independent watch-dog against abuses of power, holding governments accountable and protecting citizens' rights to information on matters that concern them. Hence, a free press can play an instrumental role in safeguarding property rights and enforcing rule of law.
02

Free Press and Property Rights

Property rights refer to the legal ownership of resources and how they can be used. A free press can protect these rights by reporting any violations or misappropriations of property. It can expose unlawful confiscations or wrongdoing by the authorities, serving as a layer of protection for the property owners. This reduced risk of wrongful confiscations can foster an environment conducive to economic development, as investors domestically and internationally gain confidence in the safety of their investments.
03

Free Press and Rule of Law

The rule of law requires that laws be publicly declared, being equally enforced and independently adjudicated, and are in accordance with international human rights standards. A free press can contribute to upholding the rule of law by spotlighting any breaches, bias or institutional corruption or inefficiency. By reporting on court cases, policies and legal reforms, it educates the public, enhances legal transparency and helps produce well-informed citizens who can demand justice and fairness from their legal system.
04

Free Press and Combating Corruption

Corruption is a major obstacle to economic and social development. A free press can expose corrupt practices at every level of society, from minor abuses to major corruption scandals. It increases transparency and accountability among public officials, discouraging corruption due to fear of revelation. It can also raise public awareness about the issue, creating pressure on authorities to prevent, investigate and punish corruption.

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Property Rights Protection
Understanding the concept of property rights is essential for grasping their importance in economic development. Property rights are the laws and regulations that govern the ownership and usage of property, which includes real estate, intellectual property, and other forms of assets.

When property rights are well-protected, individuals and companies are more likely to invest in and develop properties, confident that their investments are secure. This security is achieved through legal mechanisms that defend against unlawful appropriation or infringement.

Role of a Free Press in Protecting Property Rights

A free press aids in the protection of property rights by serving as a guardian of the public interest. Journalists can investigate and report on illegal land grabs, infringements of intellectual property, or exploitative practices by those in power. This coverage puts pressure on wrongdoers and can lead to public outcry, policy changes, or legal action to preserve property rights.

Furthermore, when potential investors, whether local or foreign, see that a nation values and protects property rights, their trust grows. This trust translates into more investments, which in turn spurs economic growth.
Rule of Law
The rule of law is a principle under which all individuals, institutions, and entities are accountable to laws that are: publicly promulgated, equally enforced, and independently adjudicated. It also requires that these laws are consistent with international human rights norms and standards.

Impact of Media on the Rule of Law

A free press plays a pivotal role in upholding the rule of law by providing checks and balances on the government and judiciary. Through investigative journalism, media outlets shed light on cases where the law may be applied unequally or not adhered to by those in power. By reporting such discrepancies, the press ensures that the public remains informed and is more likely to hold their leaders accountable.

Additionally, a free press educates citizens on their rights and the legal processes, enabling them to navigate judicial systems effectively. This level of transparency and awareness strengthens civil society and encourages inclusive participation in upholding the rule of law.
Corruption Reduction
Corruption undermines economic development by creating inefficiencies and inequities. It can divert resources away from productive uses, increase costs for businesses, discourage investment, and unfairly allocate public services.

Confronting Corruption Through Journalism

Corruption often thrives in secrecy, but a free press can bring such misconduct into the light, advocating for integrity and honesty in public life. Investigative reporters play a critical role in uncovering corruption, from bribery to embezzlement and nepotism. Their work can initiate necessary reforms and promote better governance practices.

Publicizing instances of corruption not only sparks public debate but also can prompt legal action against those involved. The fear of exposure can deter potential corrupt acts and encourage a culture of transparency within government institutions.
Media Freedom in Africa
In the context of Africa, media freedom varies widely across the continent, with some nations providing journalists with the liberty to report without fear of repercussions, while others impose stringent controls and censorship.

Enabling Environment for Journalists

For African economies to flourish, a free and diverse press is crucial. It enables the flow of information, the exchange of ideas, and the voicing of dissenting opinions, which are all vital for democratic governance and societal progress.

Countries with a freer press often experience better governance as the media holds leaders accountable. It also helps in building an informed populace who can make educated choices about their leaders and policies. When journalists are free to investigate and report, they provide a service that supports democracy, education, and ultimately, economic development.
Transparency and Accountability
Transparency implies that actions and decisions are open to scrutiny, and accountability means that officials are responsible for their actions and subject to the law. Together, these concepts are foundational for democratic governance.

Media's Role in Fostering Transparency and Accountability

A robust media sector contributes significantly to transparency and accountability. Reporters can attend government meetings, access public records, and inform citizens about the actions of their representatives. This open reporting can expose mismanagement, drive debates on public policy, and ensure that those in power can be held accountable for their actions.

While traditional news outlets play a crucial role, social media and online platforms have also emerged as tools for promoting transparency. They provide forums for whistleblowers, citizen journalists, and activists to share information and mobilize public opinion to demand accountability from their leaders.

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Most popular questions from this chapter

(Related to Solved Problem 22.2 on page 747) Shortly before the fall of the Soviet Union, the economist Gur Ofer of Hebrew University of Jerusalem wrote, "The most outstanding characteristic of Soviet growth strategy is its consistent policy of very high rates of investment, leading to a rapid growth rate of [the] capital stock." Explain why this strategy turned out to be a very poor way to sustain economic growth in the long run.

An article in the Wall Street Journal in mid-2017 noted, "Mexico's economy kept up steady growth in the first quarter, expanding for a 15 th consecutive period despite concerns that strained trade and investment relations with the U.S. will bring about a sharp slowdown." During this period, why were some observers concerned about Mexico's economic relations with the United States? Why are these relations particularly important if the Mexican economy is to experience sustained growth?

Deirdre McCloskey, an economist at the University of Illinois at Chicago, argued, "A poor country that adopts thoroughgoing innovation ... can get within hailing distance of the West \(\ldots\) in about two generations." a. What does McCloskey mean by a country adopting "thoroughgoing innovation"? What does she mean by a country getting within "hailing distance of the West"? b. A generation is usually considered to be about 25 years. In 2016, real GDP per capita in Italy was about \(\$ 33,500\) (measured in 2010 U.S. dollars), and real GDP per capita in Haiti was about \(\$ 1,500 .\) If Haiti adopted thoroughgoing innovation and as a result its average annual growth rate over the next 50 years increased to 6.5 percent, would Haiti end up with the level of real GDP per capita that Italy enjoyed in \(2016 ?\) [Hint: Use the following equation: Real GDP per capita \(_{2016} \times(1+g)^{50}=\) Real GDP per capita \(_{2066}\), where \(g\) is the average annual growth rate expressed as a decimal.] c. McCloskey also noted that her previous observation "does not mean that catch-up is inevitable." Briefly explain why low-income countries catching up with high-income countries isn't inevitable.

What is the new growth theory? How does the new growth theory differ from the growth theory developed by Robert Solow?

Which of the following will result in a movement along China's per-worker production function, and which will result in a shift of China's per-worker production function? Briefly explain. a. Capital per hour worked increases from 200 yuan per hour worked to 250 yuan per hour worked. b. The Chinese government doubles its spending on support for university research. c. A reform of the Chinese school system results in more highly trained Chinese workers.

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