Looting Africa: The Economics of Exploitation
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Book Overview
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.
Format:Paperback
Language:English
ISBN:1842778110
ISBN13:9781842778111
Release Date:June 2006
Publisher:Zed Books
Length:192 Pages
Weight:0.60 lbs.
Dimensions:0.4" x 5.8" x 8.6"
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