Advertisement

Africa and Transformation in the Global Economy

  • Roshen Hendrickson
Chapter
Part of the International Political Economy Series book series (IPES)

Abstract

Since their earliest forays into the African continent, in pursuit of economic opportunities, Americans have argued that they should have the same ‘rights’ of access that other foreign actors have, and that their economic engagement is inherently progressive. From the earliest involvement, private business actors have sought greater government support to compete with other countries. In addition to direct support for businesses to help them mitigate the risks of investing in Africa, government institutions have played a very significant role in shaping the environment for investment in African countries. Activist groups have also organized at the domestic and international levels, to challenge investment practices and seek adjustments in the nature of this particular foreign economic activity. Now the influence of the US government, through both bilateral and multilateral mechanisms, is moderated by the rise in power of emerging economies but also by the multiplicity of increasingly influential actors (in addition to MNCs and NGOs) such as diaspora networks, charitable foundations, sovereign wealth funds (SWFs), and venture capital funds.

Keywords

Private Equity Development Assistance Food Sovereignty Southern African Development Community Venture Capital Fund 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Roshen Hendrickson 2014

Authors and Affiliations

  • Roshen Hendrickson
    • 1
  1. 1.College of Staten IslandNew YorkUSA

Personalised recommendations