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Hedin, Emily. Between African Nationalism and Structural Adjustment

Author
Published On
January 18, 2024
Original Date
Political
Economic
Bibliographic

Hedin, Emily. Between African Nationalism and Structural Adjustment: How Senegalese Elites Redefined Neoliberalism. March, 26, 2008. Macalester College. Political Science Project, 8. 

In 2001, African leaders adopted "The New Partnership for African Development" (NEPAD), a departure from previous policies that rejected Western influence in favour of embracing neoliberal economics. This study examines the shift in development policies and the factors that led elites to transition from opposing neoliberalism to embracing it. It argues that elites redefined neoliberalism within NEPAD by combining African nationalism and Western economics to address criticisms and diffuse accusations of neo-colonialism, ensuring the survival of neoliberalism on the continent. This research not only delves into the role of African elites in perpetuating neoliberalism but also offers a theory explaining its global diffusion.

Source: Culled from article's abstract

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