| Document Type
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BL
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| Record Number
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972060
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| Doc. No
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b726430
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| Main Entry
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Bond, Patrick.
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| Title & Author
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Looting Africa : : the economics of exploitation /\ Patrick Bond.
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| Publication Statement
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Scottsville, South Africa :: University of KwaZulu-Natal Press ;London ;New York :: Zed Books ;New York :: Distributed in the USA by Palgrave Macmillan,, 2006.
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| Page. NO
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1 online resource (xix, 172 pages) :: illustrations
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| ISBN
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1281215643
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: 1780327005
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: 1848130716
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: 1848137281
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: 6611215646
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: 9781281215642
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: 9781780327006
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: 9781848130715
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: 9781848137288
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: 9786611215644
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1842778110
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1842778129
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1869140958
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9781842778111
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9781842778128
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9781869140953
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| Bibliographies/Indexes
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Includes bibliographical references and index.
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| Contents
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Poor Africa: two views -- Uneven and combined development: neoliberalism, stagnation, and financial volatility -- Financial inflows and outflows: phantom aid, debt peonage, capital flight -- Unequal exchange revisited: trade, investment, wealth depletion -- Global apartheid's African agents: home-grown neoliberalism, repression, failed reform -- Militarism and looming subimperialism in Africa: Washington, London, Pretoria -- Civil society resistance: two views.
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| Abstract
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Despite the rhetoric, the people of Sub-Saharan Africa are becoming poorer, and 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.
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| Subject
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Globalization-- Economic aspects-- Africa.
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Globalization-- Political aspects-- Africa.
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Globalization-- Social aspects-- Africa.
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BUSINESS ECONOMICS-- International-- Economics.
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BUSINESS ECONOMICS-- International-- General.
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Economic history.
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Globalization-- Economic aspects.
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Globalization-- Political aspects.
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Globalization-- Social aspects.
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International economic relations.
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Africa, Economic conditions, 1960-
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Africa, Foreign economic relations.
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Africa.
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| Dewey Classification
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337.6
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| LC Classification
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HF1611.B68 2006eb
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