Globalization and development in sub-Saharan Africa /:

This paper critically reviews the impact of globalization on sub-Saharan Africa (SSA) since the early 1980s. The large gains expected from opening up to international economic forces have, to date, been limited, and there have been significant adverse consequences. Foreign direct investment in SSA h...

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Hauptverfasser: Jomo K. S. (Jomo Kwame Sundaram), Schwank, Oliver (VerfasserIn), Arnim, Rudiger von (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: New York : United Nations, 2011.
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Zusammenfassung:This paper critically reviews the impact of globalization on sub-Saharan Africa (SSA) since the early 1980s. The large gains expected from opening up to international economic forces have, to date, been limited, and there have been significant adverse consequences. Foreign direct investment in SSA has been largely confined to resource--especially mineral--extraction, even as continuing capital flight has reduced financial resources available for productive investments. Premature trade liberalization has further undermined prospects for the economic development of SSA as productive capacities in many sectors are not sufficiently competitive to take advantage of any improvements in market access.
Beschreibung:Title from PDF title page (viewed on Apr. 18, 2013).
Gesehen am 19.12.2011.
Beschreibung:1 Online-Ressource (44 pages)
Bibliographie:Includes bibliographical reference.
ISBN:9789210559102
921055910X

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