Africa's Burden: Labour Markets, Natural Resources, and the FDI Reliance-Rejectionn Paradox

Andrea de Mauro
2013 Social Science Research Network  
This paper will attempt to provide a comprehensive answer to the complex issue of development in sub-Saharan Africa by identifying an FDI reliance-rejection paradox emanating from the incompatibility between colonial legacies and Structural Adjustment Programmes. Since the 1980s, international financial institutions have imposed foreign direct investment as the main source to finance the development of SSA, while ignoring the two main structural issues inherited from colonialism -the
more » ... n of the labour market and the dependence on natural resources extraction.
doi:10.2139/ssrn.2487873 fatcat:ss5at5jxpvdd7ehiofisxe3n54