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Development Aid and Sustainable Economic Growth in Africa - The Limits of Western and Chinese Engagements (Paperback, Softcover reprint of the original 1st ed. 2016)
Loot Price: R2,069
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Development Aid and Sustainable Economic Growth in Africa - The Limits of Western and Chinese Engagements (Paperback, Softcover reprint of the original 1st ed. 2016)
Series: International Political Economy Series
Expected to ship within 10 - 15 working days
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This book offers an original analysis of the long-term impact of
western and Chinese economic and development cooperation policies
in Africa. It argues that western Official Development Assistance
(ODA) has failed to create viable and autonomous economies in
beneficiary countries not (only) because of corruption,
inefficiencies and cultural differences, but because it was never
meant to do so. Raudino demonstrates, rather, that it was always
designed to provide relief measures and nurture political relations
rather than create genuinely industrialized and self-reliant
economies. Similarly, by analyzing the nature of Chinese economic
investments in Africa the author shows that China's governmental
policies hardly represent a revolutionary departure from the
cooperation standards set by the West. In making these observations
he also taps into the broader question of why wealth continues to
be generated unequally across the world. Based on extensive
fieldwork, quantitative economic analysis and historical
qualitative research, this thought-provoking work will appeal to
students and scholars of politics, economics and development
studies, as well as to those involved more directly in the aid
process.
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