Sorry, you need to enable JavaScript to visit this website.

Forum global sur la sécurité alimentaire et la nutrition • Forum FSN

Globalization and development in sub-Saharan Africa

This paper critically reviews the impact of globalization on sub-Saharan Africa (SSA) since the early 1980s. The large gains expected from opening up to international economic forces have, to date, been limited, and there have been significant adverse consequences. Foreign direct investment in SSA has been largely confined to resource—especially mineral—extraction, even as continuing capital flight has reduced financial resources available for productive investments. Premature trade liberalization has further undermined prospects for the economic development of SSA as productive capacities in many sectors are not sufficiently competitive to take advantage of any improvements in market access.

By Jomo Kwame Sundaram with Oliver Schwank and Rudiger von Arnim

Download the document

Disponible en: