[New post] The three-stage process through which African resource sovereignty was ceded to foreign mining corporations

Ben Radley posted: " In the 1960s, newly independent African governments asserted sovereignty over their metal and mineral resources, in a reversal of their prior colonial exploitation by European mining corporations. In this excerpt from his new book Disrupted Devel" Developing Economics The three-stage process through which African resource sovereignty was ceded to foreign mining corporations Ben Radley Dec 4 In the 1960s, newly independent African governments asserted sovereignty over their metal and mineral resources, in a reversal of their prior colonial exploitation by European mining corporations. In this excerpt from his new book Disrupted Development in the Congo: The Fragile Foundations of the African Mining Consensus, Ben Radley shows how transnational corporations have once again become the dominant force assuming ownership and management of industrial mining projects. Radley argues this latest reversal has taken place through a three-stage process grounded in a misguided reading of African economic stagnation from the mid-1970s onwards. Recent mining code revisions in several countries have been heralded by some as marking a new era of resource nationalism. Yet the new codes remain a far cry from the earlier period of resource sovereignty. The first three chapters of the book can be downloaded for free here. Continue reading The three-stage process through which African resource sovereignty was ceded to foreign mining corporations Comment Like You can also reply to this email to leave a comment. Manage your email settings or unsubscribe. Trouble clicking? Copy and paste this URL into your browser: http://developingeconomics.org/2023/12/04/the-three-stage-process-through-which-african-resource-sovereignty-was-ceded-to-foreign-mining-corporations/

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