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Disrupted Development in the Congo: The Fragile Foundations of the African Mining Consensus: Critical Frontiers of Theory, Research, and Policy in International Development Studies

Autor Ben Radley
en Limba Engleză Hardback – 16 noi 2023
Since the turn of the century, low-income African countries have undergone a process of mining industrialization led by transnational corporations. The process has been sustained by an African Mining Consensus uniting international financial institutions, African governments, development agencies, and various strands of the academic literature. The Consensus position is that mining industrialization can drive transformative processes of social and economic development in low-income African settings. For this, state-owned enterprises and local forms of labour-intensive mining are deemed unsuitable. The former is characterized as corrupt and mismanaged, and the latter as an inefficient, subsistence activity with links to conflict financing. The Consensus holds, instead, that mining industrialization should be led by the superior expertise and efficiency of transnational corporations.Disrupted Development in the Congo reveals the fragile foundations on which this Consensus rests. Through an in-depth case study of mining in the Democratic Republic of the Congo, Ben Radley details how foreign corporations have been prone to mismanagement, inefficiencies, and rent-seeking, and implicated in fuelling conflict and violence. He also documents how structural impediments to the transformative effects of mining industrialization in low-income African countries occur irrespective of ownership and management structures. Based on the findings presented, Radley urges a move away from the market-led logics underpinning the Consensus. In the mining sector itself, he argues that efforts to mechanize labour-intensive forms of local mining better meet the needs of low-income African economies for rising productivity, labour absorption, and the domestic retention of the value generated by productive activity than the currently dominant but disruptive foreign corporate-led model.Part of this title is published open access. This part is made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 International licence. It is available to read and download as a PDF on the Oxford Academic platform.
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Specificații

ISBN-13: 9780192849052
ISBN-10: 0192849050
Pagini: 224
Dimensiuni: 160 x 240 x 17 mm
Greutate: 0.48 kg
Editura: OUP OXFORD
Colecția OUP Oxford
Seria Critical Frontiers of Theory, Research, and Policy in International Development Studies

Locul publicării:Oxford, United Kingdom

Recenzii

This book is a major contribution to scholarship on economic development in low-income countries by its brilliant analysis of theories of development from Raul Prebisch and the CEPAL structuralists in Latin America to Samir Amin and his followers in Africa. It ought to be read by all those interested in economic development in mineral-rich countries in Africa and in other countries of the South.
The analysis in this book should inspire policy makers in African countries who hope to chart a new course towards resource-based industrialization that is transformative, inclusive, and sustainable.
In this hard-headed and systematic critique, Radley reveals how domestic forces in and around mining create more favourable opportunities for developing national sovereign projects in Africa. A must read for anyone looking for radical policy alternatives.

Notă biografică

Ben Radley is a Lecturer in International Development at the University of Bath. He earned a PhD (cum laude) in Development Studies at the International Institute of Social Studies (ISS) in The Hague. His research centres on processes of economic transformation in Central Africa, with a focus on labour dynamics and the role played by Northern corporations. He is an affiliated member of Centre d'Expertise en Gestion Minière at the Catholic University of Bukavu, and sits on the editorial board of Review of African Political Economy.

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