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The Financialisation of Power: How financiers rule Africa - Routledge Studies in Development Economics by Sarah Bracking Details

The financial meltdown in 2008 has led people around the world to see how financiers control our lives. How much do they do with our money affect our daily lives?…

The Financialisation of Power synopsis

The financial meltdown in 2008 has led people around the world to see how financiers control our lives. How much do they do with our money affect our daily lives? This book asks whether the crisis, and the subsequent use of public subsidies to help the global economy to recover, is a unique event, or a wider crisis, as donors have already used the power of governments and run the political economy themselves.

"The effectiveness of finance in Africa" ​​claims that growth is not always good. The development of more derivatives and the acceleration of financial exchanges drain rather than provide venture capital.

The application of financial logic does not provide nature or protect biodiversity and other species. This book summarizes the concept of funding and how it was used in different ways to explain the post-2008 crisis and the global political economy.

There is a particular focus on these issues in reference to Africa, which is particularly dependent on international money. It takes the perspective of the modern state, and explores how the political economy of development actually works with respect to African governance.

This book is of interest to students of international development and political economy and is a major source of policy makers interested in African studies and economic development.



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