The Political Economy of Resources: Africa's Future in the Global Environment

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Abstract
Africa has become more reliant – not less – on exports of primary products and raw materials and on imports of finished and semifinished goods since independence… the fact that Africa's role in the world economy has undergone a relative decline at the same time as dependence on foreign markets, goods and capital has experienced an absolute increase is evidence that the gap between Africa and the industrialised world is growing, despite the ambitious efforts of African states to close it.1

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