For years economists have spoken of ‘Africa rising’, and despite the global financial crisis, Africa continues to host some of the fastest growing economies in the world. Africa’s Shadow Rise however argues that the continent’s apparent economic ‘rise’ is essentially a mirage, driven by developments elsewhere - most particularly the expansion in China's economy. While many African countries have experienced high rates of growth, much of this growth may prove to be unsustainable, and has contributed to environmental destruction and worsening inequality across the continent. Similarly, new economic relationships have produced new forms of dependency, as African nations increasingly find themselves tied to the fortunes of China and other emerging powers. Drawing on in-depth fieldwork in southern Africa, Africa’s Shadow Rise reveals how the shifting balance of global power is transforming Africa’s economy and politics, and what this means for the future of development efforts in the region.
A little over a decade ago Africa was being spoken of in the media as the 'lost' or 'hopeless' continent. Now it has some of the fastest growing economies in the world, largely because of the impact of the BRICS: Brazil, Russia, India, China and South Africa. In this first book to be written about the BRICS as a collective phenomenon, Pádraig Carmody reveals how their engagements with Africa, both individually and collectively, are often contradictory, generating new inequalities and potential for development. Crucially, Carmody shows how the geopolitics of the BRICS countries' involvement in Africa is impacted by and impacts upon their international relations more generally, and how the emergence of these economies has begun to alter the very nature of globalization, which is no longer purely a Western-led project. This is a path-breaking examination of Africa's changing role in the world.
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