Developmental Regionalism and the Political Economy of Africa's Integration
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Description
In Developmental Regionalism and the Political Economy of Africa's Integration, Gabila Nubong argues that there are opportunities to transform the continent and the structural nature of its economies. Nubong revisits some of the earlier debates of Africa's industrialization and explores avenues of leveraging current opportunities to industrialize by focusing on integrating unbundled global production value chains. This book proposes that Africa should shift its development paradigm to pursue a model of regional corporation that combines integration and development objectives together, coined as ‘Developmental Regionalism.’ This approach would move African countries up global production value chains with the transformation of their minerals and the diversification of their economies through avenues of industrialization that unbundle production processes and increase servicification of manufacturing. Nubong argues that with breaking away from the proverbial resource curse and taking advantage of its demographic dividend and growing economies, Africa can chart a different future for itself within a developmental regionalism paradigm.