26 research outputs found
Political strategies of British business during decolonization: The case of the Gold Coast/Ghana, 1945â57
The parting of the ways: Britain and South Africa's departure from the commonwealth, 1951â61
Instilling the âsterling traditionâ: Decolonization and the creation of a Central Bank in Ghana
The Forces of Imperialism: Internalist and Global Explanations of the Anglo-European Empires, 1750â1960
Decolonisation, corruption and post-colonial politics in the Royal Malaysian Navy, 1946â1976
The making of a rentier class: wealth accumulation and political control in Senegal
Political and economic dynamics set in motion by efforts to consolidate postâcolonial regimes have contributed to the continuing weakness of indigenous bourgeoisies throughout much of postâcolonial Africa. This article suggests that state power has been used to foster private rentâseeking, rather than productive local private investment, in order to promote and sustain the political cohesion of ruling classes. The political consolidation of dominant rentier classes (forged through state patronage and clientelist mechanisms of control) creates obstacles to the emergence of local class strata interested in, or capable of, using state power to promote the expanded accumulation of capital (be it local or foreign). A study of Senegal illustrates this point