Looting Africa - The Economics of Exploitation - Bond, Patrick
Looting Africa - The Economics of Exploitation - Bond, Patrick

Looting Africa - The Economics of Exploitation - Bond, Patrick

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Product details

Condition
Secondhand
Location
South Africa
Product code
Id-2500320
Bob Shop ID
533244883
Despite the rhetoric, the people of Sub-Saharan Africa are becoming poorer. From Tony Blair's Africa Commission, the G7 finance ministers' debt relief, the Live 8 concerts, the Make Poverty History campaign and the G8 Gleneagles promises, to the United Nations 2005 summit and 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 title contextualises Africa's wealth outflow within a stagnant but volatile world economy.Softcover. English. University of KwaZulu-Natal Press. 2006. 172 pp. In good condition. Book No: 2500320

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