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Description
Despite the rhetoric, the people of Sub-Saharan Africa are become poorer. From Tony Blair's Africa Commission and the Make Poverty History campaign to the Hong Kong WTO meeting, Africa's gains have been mainly limited to public relations. The central problems remain exploitative debt and financial relationships with the North, phantom aid, unfair trade, distorted investment and the continent's brain/skills drain. Moreover, capitalism in most African countries has witnessed the emergence of excessively powerful ruling elites with incomes derived from financial-parasitical accumulation. Without overstressing the 'mistakes' of such elites, this book contextualises Africa's wealth outflow within a stagnant but volatile world economy.
Table of Contents
Preface and Acknowledgements
1. Poor Africa: Two Views
2. Global Uneven and Combined Development: Neoliberalism, Stagnation, Financial Viability
3. Financial Inflows and Outflows: Phantom Aid, Debt Peonage Capital Flight
4. Unequal Exchange Revisited: Trade, Investment, Wealth Depletion
5. Global Apartheid's African Agents: Homegrown Neoliberalism, Repression, Failed Reform
6. Militarism and Looming Subimperialism in Africa - Washington, London, Pretoria
7. Civil Society Resistance: Two Views
Notes
Index
Product details
| Published | Jun 01 2006 |
|---|---|
| Format | Paperback |
| Edition | 1st |
| Extent | 192 |
| ISBN | 9781842778111 |
| Imprint | Zed Books |
| Dimensions | Not specified |
| Publisher | Bloomsbury Publishing |
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