Looting Africa : the economics of exploitation

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Title:

Author:

Bond, Patrick.

ISBN:

9781842778128

9781842778111

9781869140953

Personal Author:

Bond, Patrick.

Publication Information:

Scottsville, South Africa : University of KwaZulu-Natal Press ; London ; New York : Zed Books ; New York : Distributed in the USA by Palgrave Macmillan, 2006.

Physical Description:

xix, 172 p. : ill. ; 23 cm.

General Note:

Includes index.

Subject Term:

Globalization -- Economic aspects -- Africa.

Globalization -- Social aspects -- Africa.

Globalization -- Political aspects -- Africa.

Geographic Term:

Africa -- Foreign economic relations.

Africa -- Economic conditions -- 1960-

Electronic Access:

Contributor biographical information http://www.loc.gov/catdir/enhancements/fy0659/2006040552-b.html
Publisher description http://www.loc.gov/catdir/enhancements/fy0659/2006040552-d.html
Table of contents http://www.loc.gov/catdir/enhancements/fy0659/2006040552-t.html

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Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... IIEMSA	General Books	33168020367799	337.6 B711L 2006	1	Searching... Unknown

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.

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