African economies are the most dependent and the most marginalized within the global system. The prevailing policies that are designed to overcome the African crisis and to reverse marginalization by integrating African economies more closely with the global economy through openness have generally exacerbated their problems by deepening their internal fragmentation. This book is an attempt to contribute to the ongoing effort to develop more appropriate alternative strategies. It proposes an ingenious balance between autocentric and globalist approaches to transcend the African paradox.

"This work offers a fresh if controversial perspective on the African predicament and its resolution and is certain to trigger insightful debate for quite some time." - Edmond J. Keller, Director, African Studies Center, UCLA

"For the past two decades the conventional wisdom on African development has been that the continent needs to integrate itself in the global economy via the market. . . .Skillfully, Mengisteab shows how and why Africa needs to move away from the World Bank/IMF-led strategy. He argues for a strategy that will forcefully tap the energies of African peoples to develop their own potential...both at the national and regional levels." - Julius E. Nyang'oro, University of North Carolina/Chapel Hill

ABOUT THE AUTHOR
KIDANE MENGISTEAB, associate professor of Political Economy in the Department of Political Science and Graduate Programs in International Studies at Old Dominion University, Norfolk, Virginia, is the author of Ethiopia: Failure of Land Reform.

CATEGORY
Economics, Politics/AFRICA