Africa: On the rise, but to where?

Obeng-Odoom, F

Africa: On the rise, but to where?

Obeng-Odoom, F

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Publication Type:: Journal Article
Citation:: Forum for Social Economics, 2015, 44 (3), pp. 234 - 250
Issue Date:: 2015-01-01

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Field	Value	Language
dc.contributor.author	Obeng-Odoom, F https://orcid.org/0000-0003-3997-7751	en_US
dc.date.issued	2015-01-01	en_US
dc.identifier.citation	Forum for Social Economics, 2015, 44 (3), pp. 234 - 250	en_US
dc.identifier.issn	0736-0932	en_US
dc.identifier.uri	http://hdl.handle.net/10453/30276
dc.description.abstract	© 2015, The Association for Social Economics. Africa’s hitherto negative image is now being rapidly replaced by a new persona: ‘Africa on the rise’. Developed mainly from Africa’s growth experience, this re-imaging of Africa has generated considerable interest even among Africanists concerned that the continent has often been the target of crisis jokes. Even more notably, the rebranding of Africa has gained traction in corridors of power and centres of finance. For this latter group, however, the narrative signals more than a cultural repackaging. It is about confirming that Africa is ripe and ready to host investment and to open up markets in areas where they did not exist or existed but were not capitalist in form. Either way, however, the ‘Africa on the rise’ narrative achieves a major political and economic goal. Neglecting ethical questions about sustainable jobs, inequality and ecological crisis, while extolling the virtues of capital accumulation, it extends a particular neoliberal ideology which favours people with market power, not the majority with precarious positions or their relationship with nature.	en_US
dc.relation.ispartof	Forum for Social Economics	en_US
dc.relation.isbasedon	10.1080/07360932.2014.955040	en_US
dc.title	Africa: On the rise, but to where?	en_US
dc.type	Journal Article
utslib.citation.volume	3	en_US
utslib.citation.volume	44	en_US
utslib.for	1402 Applied Economics	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
pubs.organisational-group	/University of Technology Sydney/Strength - CCDP - Contemporary Design Practice
utslib.copyright.status	open_access
pubs.issue	3	en_US
pubs.publication-status	Published	en_US
pubs.volume	44	en_US

Abstract:

© 2015, The Association for Social Economics. Africa’s hitherto negative image is now being rapidly replaced by a new persona: ‘Africa on the rise’. Developed mainly from Africa’s growth experience, this re-imaging of Africa has generated considerable interest even among Africanists concerned that the continent has often been the target of crisis jokes. Even more notably, the rebranding of Africa has gained traction in corridors of power and centres of finance. For this latter group, however, the narrative signals more than a cultural repackaging. It is about confirming that Africa is ripe and ready to host investment and to open up markets in areas where they did not exist or existed but were not capitalist in form. Either way, however, the ‘Africa on the rise’ narrative achieves a major political and economic goal. Neglecting ethical questions about sustainable jobs, inequality and ecological crisis, while extolling the virtues of capital accumulation, it extends a particular neoliberal ideology which favours people with market power, not the majority with precarious positions or their relationship with nature.

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http://hdl.handle.net/10453/30276