The Political Economy of Development and Underdevelopment in Africa

This volume explores Africa’s changing role in the global economy, including the new Asian presence in Africa, and in particular, the rising power of China. It shows that while Africa may often be left out of international politics, its markets are intricately tied to the rest of the world, and examines both the positive and negative aspects of these new and changing relationships. Asserting African agency in the development narrative, as well as its influence on the global historical narrative, the contributors point the way forward for African development in the twenty-first century.

While Africa is too often regarded as lying on the periphery of the global political arena, this is not the case. African nations have played an important historical role in world affairs. It is with this understanding that the authors in this volume set out upon researching and writing their chapters, making an important collective contribution to our understanding of modern Africa. Taken as a whole, the chapters represent the range of research in African development, and fully tie this development to the global political economy. African nations play significant roles in world politics, both as nations influenced by the ebbs and flows of the global economy and by the international political system, but also as actors, directly influencing politics and economics. It is only through an understanding of both the history and present place of Africa in global affairs that we can begin to assess the way forward for future development.