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      Present‐day capitalism, the new international trade regime & Africa

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      Review of African Political Economy
      Review of African Political Economy
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            Abstract

            This article contributes to the analysis of the effects of globalisation on Africa's economy, on the basis of discussions of emerging trends in the industrial organisation of present‐day capitalism, and in the nature of the international trade regime emerging from the Uruguay Round. On this basis, recent and current developments in the Africa clothing and horticulture sectors are described. The paper argues that certain aspects of the current international trade regime provide scope for Africa to play a heightened role in the global economy in the these two sectors. However, the emergence of the global ‘contract manufacturing’ phenomenon, and the institutionalisation of process‐based food safety standards, implies that the main winners in this scenario will be large‐scale transnational enterprises.

            Content

            Author and article information

            Journal
            crea20
            CREA
            Review of African Political Economy
            Review of African Political Economy
            0305-6244
            1740-1720
            March 2002
            : 29
            : 91
            : 95-112
            Affiliations
            a Senior Researcher at the Centre for Development Research , Copenhagen , Denmark E-mail: Peter.Gibbon@ 123456cdr.dk
            Article
            8704586 Review of African Political Economy, Vol. 29, No. 91, March 2002, pp. 95-112
            10.1080/03056240208704586
            9ff8220f-16e9-457e-8d78-3f0089ecdcf0

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            History
            Page count
            Figures: 0, Tables: 0, References: 27, Pages: 18
            Categories
            Original Articles

            Sociology,Economic development,Political science,Labor & Demographic economics,Political economics,Africa

            Bibliography

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