The Marginalization of Africa.

Journal article

Sub-Saharan Africa is now more marginalized from the world economy than at any time in the past 50 years: its shares of world trade, investment and output have declined to negligible proportions and its economies have become more inward-looking, contrary to the trend elsewhere. The author examines four possible explanations for this marginalization: insufficient reform, insufficient scale, the high-risk environment, and the weakness of agencies of restraint. Using 1944 survey evidence on the perceptions of foreign investors, he ranks these explanations, concluding with comments on the role of the West in the search for solutions.

Authors: Collier, P

• Journal: International Labour Review
• Volume: 134
• Publication date: 1995-01-01
• Language: English