This compendium showcases the ongoing trends and challenges in South-South cooperation between India and select countries in Africa, for achieving food security and poverty reduction. Scholars and practitioners share diverse perspectives on the role of India’s development compact; aid, trade, private sector driven Foreign Direct Investments (FDIs), and concessional Lines of Credit (LOCs) to the agricultural and agro-processing sector in Africa. India- Africa cooperation also underscores th...

In recent years, China and India have become the most important economic partners of Africa and their footprints are growing by leaps and bounds, transforming Africa's international relations in a dramatic way. Although the overall impact of China and India's engagement in Africa has been positive in the short-term, partly as a result of higher returns from commodity exports fuelled by excessive demands from both countries, little research exists on the actual impact of China and India's g...

The subject of food security and land issues in Africa has become one of increased importance and contention over recent years. In particular, the focus has shifted to the role new global South donors - especially India, China and Brazil - are playing in shaping African agriculture through their increased involvement and investment in the continent.Approaching the topic through the framework of South-South co-operation, this highly original volume presents a critical analysis of th...

Published 35 years after Palgrave Macmillan’s landmark International Political Economy (IPE) series was first founded, this Handbook captures the state of the art of contemporary IPE. It draws on the series’ history of focusing on the oft-neglected study of the global South.Providing interdisciplinary perspectives from scholars hailing from the global North and South, the Handbook illustrates the theoretical innovations and empirical richness necessary to explain today’s ever-chang...

How can the poorer countries of the world be helped to help themselves through freer, fairer trade? In this challenging and controversial book Nobel prize-winning economist Joseph E. Stiglitz and his co-author Andrew Charlton address one of the key issues facing world leaders today. They put forward a radical and realistic new model for managing trading relationships between the richest and the poorest countries. Their approach is designed to open up markets in the interests of all and not...

Africa is poor. If we send it money it will be less poor. It seems perfectly logical, doesn't it? Millions of people in the rich world, moved by images on television and appalled by the miserable conditions endured by so many in other countries, have joined campaigns to persuade their governments to double aid to Africa and help put an end to such shameful inequality.It seems simple. But it isn't. In this book, Jonathan Glennie argues that, along with its many benefits, government ...

The fight to eliminate world poverty is being severely hampered by corrupt leaders in developing countries. According to the African Union, some $150 billion is lost every year to corruption in Africa. In China, it is estimated corruption diminishes the annual value of gross domestic product by 15%. The pattern repeats itself elsewhere.This bleak situation compounds the poverty problem even more because donor countries are justifiably reluctant to support jurisdictions whose leader...

Africa should accept that its present malaise is largely due to its own mistakes: greed, poor policies and a lack of leadership. Blaming colonialism for Africa’s failings belongs to the past. Africa has been lessed with great wealth, but where has this wealth gone? Why are so many countries in need of aid? And why has this wealth not filtered down to poor people? Elly Twineyo-Kamugisha surveys African governments, aid agencies and the private sector and provides surprising insights into wh...

“Globalization,” surely one of the most used and abused buzzwordsof recent decades, describes a phenomenon that is typicallyconsidered to be a neutral and inevitable expansion of marketforces across the planet. Nearly all economists, politicians, businessleaders, and mainstream journalists view globalization as thenatural result of economic development, and a beneficial one atthat. But, as noted economist Martin Hart-Landsberg argues, thispe...

Despite the rhetoric, the people of Sub-Saharan Africa are become poorer. From Tony Blair's Africa Commission and the Make Poverty History campaign to the Hong Kong WTO meeting, Africa's gains have been mainly limited to public relations. The central problems remain exploitative debt and financial relationships with the North, phantom aid, unfair trade, distorted investment and the continent's brain/skills drain. Moreover, capitalism in most African countries has witnessed the emergence of...

The book examines trade agreements in the context of the current world economic crisis and the uncompleted World Trade Organization (WTO) Doha Round of trade negotiations. With economies shrinking and protectionism on the rise, many fear a protracted global recession. This raises important questions as to what role trade agreements – multilateral, plurilateral, and bilateral – should be playing in the current climate of uncertainty, and how best to plan for a more stable economic future. P...

Developing countries have undergone significant industrialization in the last three decades. Yet industrial growth reveals marked spatial inequalities in terms of both country and location. The Newly Industrialised Countries have achieved spectacular growth in sharp contrast to many other countries of the South. Industrial structure has changed, moving away from labour intensive industries to more technologically advanced manufacturing. Developing countries have had considerable success in...