Abstract
Mbaku provides a critical and rigorous analysis of the often troubled relationship between Africa and global financial institutions. Mbaku shows that while African policymakers have looked to these institutions as sources of funds for industrial projects in their respective countries, these institutions’ activities in Africa have also imposed significant social, economic, political, and environmental costs on the African peoples. As well as examining the ways in which conditionalities imposed on African countries have interfered with public policy in these countries, Mbaku explores the extent to which global financial institutions have impacted political and economic development here.
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Mbaku, J.M. (2018). Africa and Global Financial Institutions. In: Shanguhyia, M., Falola, T. (eds) The Palgrave Handbook of African Colonial and Postcolonial History. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-59426-6_35
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