EU-African Economic Relations: Continuing Dominance, Traded for Aid?
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ABSTRACT:
Promising growth rates, increased trade and competition of major global players for African resources, boost development and bargaining power of Sub-Saharan Africa (SSA) towards the EU. However, Africa's LDCs remain vulnerable to external shocks. Scholarly problem analy-ses is still too much influenced by scholastic controversies. Neither the controversy on 'big push' concepts nor the blaming of African culture as impediment to growth or good govern-ment do justice to the real issues at stake. Even beyond the aftermath of (neo-)colonialism, and notwithstanding continuing deficits in good government of many African countries, the EU bears responsibility for the fragile state of many African economies. Self-interested trade policy of the EU and other world powers contributes to poverty and unsatisfactory develop-ment in SSA. It threatens to perpetuate asymmetrical power relations in the new Partnership Agreements (EPAs) to the detriment of regional integration and pro-poor growth. However, mounting competition between China and other global players for Africa's resources makes for windfall profits for Africa. This may result in a revival of seesaw politics of African states, already known from the times of the cold war. Both could be profitable for Africa's power elite, but not necessarily so for Africa's poor.
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