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The Dispossession of African Wealth at the Cost of Africa's Health /

개인저자
Bond, Patrick
수록페이지
171-192 p.
발행일자
2007.01.25
출판사
Baywood Publishing Company
초록
[영문]This article synthesizes new data about the outflow of Africa's wealth, to reveal structural factors behind the continent's ongoing underdevelopment. The flow of wealth out of sub-Saharan Africa to the North occurs primarily through exploitative debt and finance, phantom aid, capital flight, unfair trade, and distorted investment. Although the resource drain from Africa dates back many centuries?beginning with unfair terms of trade, amplified through slavery, colonialism, and neocolonialism?today, neoliberal (free market) policies are the most direct causes of inequality and poverty. They tend to amplify preexisting class, race, gender, and regional disparities and to exacerbate ecological degradation. Reversing this outflow is just one challenge in the struggle for policy measures to establish a stronger funding base for the health sector