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Dependency redux: why Africa is not rising
- Source :
- Review of African Political Economy. 43:8-25
- Publication Year :
- 2015
- Publisher :
- Informa UK Limited, 2015.
-
Abstract
- Whilst numerous accounts claim that the continent is on the rise, driven by high growth rates and supposed better governance and economic policies, Africa's dependent position in the global economy is being reified. This article seeks to analyse the dynamics which are accompanying a notional ‘rise’ of Africa but which are actually contributing to the continent being pushed further and further into underdevelopment and dependency. It calls into question the superficial accounts of a continent on the move or that declare that the continent has somehow turned a definitive page in its history. A ‘rise’ based on an intensification of resource extraction whilst dependency deepens, inequality increases and de-industrialisation continues apace, cannot be taken seriously. A model based on growth-for-growth's sake has replaced development and the agenda of industrialisation and moving Africa up the global production chain has been discarded. Instead, Africa's current ‘comparative advantage’ as a primary commodity e...
- Subjects :
- Inequality
050204 development studies
media_common.quotation_subject
Corporate governance
05 social sciences
Geography, Planning and Development
0507 social and economic geography
Development
050701 cultural studies
Natural resource
Underdevelopment
Industrialisation
0502 economics and business
Political Science and International Relations
Development economics
Economics
Position (finance)
Notional amount
Comparative advantage
media_common
Subjects
Details
- ISSN :
- 17401720 and 03056244
- Volume :
- 43
- Database :
- OpenAIRE
- Journal :
- Review of African Political Economy
- Accession number :
- edsair.doi...........22147074ee20832d33f8f0ccdee084ac
- Full Text :
- https://doi.org/10.1080/03056244.2015.1084911