English, Article, Journal or magazine article edition: Globalisation, Growth and Income Inequality: The African Experience Steve Kayizzi-Mugerwa

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Bookmark: http://trove.nla.gov.au/version/85694
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Globalisation, Growth and Income Inequality: The African Experience
Author
  • Steve Kayizzi-Mugerwa
Physical Description
  • preprint
Notes
  • Efforts to get Sub-Saharan Africa back into the world economy through internationally-backed reforms have largely failed due to lack of institutions, suitable local conditions or ability to negotiate effectively for foreign aid. Powerful interests or dominant communities distorted attempts at reform in some places. Success came when globalisation was made part of boosting social development and where it revived investment and growth, helping governments to start tackling poverty. It also worked best where economic chaos had decimated potential opposition. Democratic governments could probably not have got away with such drastic measures. But globalisation was not entirely to blame for increased poverty and inequality. Social and economic problems, disease, civil war, famine and external shocks played their part and in countries thus weakened, globalisation could not reverse the decline ... Les efforts pour réintégrer l’Afrique subsaharienne au sein de l’économie mondiale à l’aide de réformes bénéficiant d’un appui international n’ont pas donné les résultats escomptés : les lacunes des institutions, l’absence de conditions locales favorables ou d’une capacité à négocier l’aide étrangère d’une manière efficace sont largement responsables de cet échec. Des intérêts privés puissants ou des communautés en position dominante ont parfois détourné les réformes. La globalisation a bien fonctionné lorsqu’elle a été associée à une relance du développement social et qu’elle a favorisé l’investissement et la croissance, permettant ainsi aux gouvernements de commencer à lutter contre la pauvreté. Elle a également réussi lorsque l’état de chaos de l’économie avait anéanti toute opposition. Des gouvernements démocratiques n’auraient probablement pas été en mesure d’imposer des mesures aussi drastiques. Mais la globalisation n’est pas seule responsable de l’extension de la pauvreté ...
  • RePEc:oec:devaaa:186-en
Language
  • English
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