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This
paper argues that more than any other
region, Africa has been forced to feel
the full effect of neo-liberalism due
to its increasing dependence on bilateral
and multilateral aid and paucity of alternative
sources of capital. Despite the introduction
of new terminology and peripheral strategies
in the 1990s, the vision of development
choreographed by the World Bank and the
Fund is still captured by the same core
principles and policies which have failed
Africa in the last two decades.
January 28, 2004. |
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