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Bauxite Mining in Africa

Part of the book series: International Political Economy Series ((IPES))

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Abstract

This chapter connects the situation in Guinea with developments in the rest of Africa and the world. The mining boom of the 2000s led to widespread social movements and compelled African governments to introduce reforms and raise the taxation of transnationals. However, with the end of the boom, several of these reforms were taken back and foreign investment sharply declined. One important reason for this drastic setback was a lack of South—South cooperation as compared to the 1960s/70s. Discussing possible ways forward, the author argues that the concerned governments have aimed towards both integrated production (or “upgrading”) as well as diversification since the 1960s. Since then, little has been achieved, mainly owing to constrained sovereignty. Thus, truly sustainable solutions in the concerned producer countries can only take root in combination with a thorough transformation of the current economic model of the consumer countries.

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Knierzinger, J. (2018). Conclusions. In: Bauxite Mining in Africa . International Political Economy Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-52706-2_4

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