elites Archives - ROAPE
797
archive,tag,tag-elites,tag-797,ajax_fade,page_not_loaded,,qode-child-theme-ver-1.0.0,qode-theme-ver-16.8,qode-theme-bridge,qode_header_in_grid,wpb-js-composer js-comp-ver-5.5.2,vc_responsive

elites Tag

In a major contribution to roape.net, Zsuzsánna Biedermann analyses the complex reasons behind the largely fruitless diversification efforts in Botswana. Many African countries abundant in non-renewable natural resources experience the harmful effects associated with the extensive role oil, mining or gas extraction plays in their economies. Even if Botswana’s initial development based on diamond mining was spectacular, there is mounting proof that the Botswana Democratic Party - the country’s governing party since independence – has been deeply intertwined with the De Beers diamond mining cartel. Development, industrialisation and diversification remains a frustrating and elusive goal for the country....

Nataliya Mykhalchenko reviews a book that describes the devastating impact of tax havens and capital flight for Africa. The book details the intricate relationship between capital flight, global corporations, bank secrecy and the elites, i.e. the power-accumulation nexus. As a proportion of total wealth, Africa is the most afflicted continent in the world. For example, elites on the continent hold approximately USD 500 billion in financial wealth offshore, roughly 30% of total financial wealth held by Africans....

At a ROAPE organised workshop at the ASAUK in September on 'African capitalist society' speakers reflected on the state of scholarship on capitalism in Africa and the dynamic and development of capitalism on the continent. Kate Meagher (LSE), Stefan Ouma (Frankfurt) and Jesse Ovadia (Windsor) were speakers, and Jörg Wiegratz (Leeds) and Peter Lawrence (Keele) chairs. ...