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Title: | Politics of discourse on liberal economic reform: the case of Africa |
Author: | Jeong, Ho-Won![]() |
Year: | 1995 |
Periodical: | Quest: An International African Journal of Philosophy (ISSN 1011-226X) |
Volume: | 9-10 |
Issue: | 2-1 |
Pages: | 173-195 |
Language: | English |
Notes: | biblio. refs. |
Geographic term: | Africa |
Subjects: | development economic policy Economics, Commerce Economic reform Structural adjustment programmes economic development economics |
Abstract: | The discourse on economic reform for the last two decades has been influenced by institutions which promote free-market development strategies, such as the World Bank and the IMF. In examining the politics of discourse on liberal economic reform, the author first considers how African development has been discussed in the international policymaking community. After reviewing the nature of structural adjustment, he looks at policy alternatives, such as the African Alternative Framework to Structural Adjustment Programme (AAF-SAP) proposed by the ECA and Unicef's Adjustment with a Human Face approach. Neoliberal and human need oriented economic strategies are discussed in terms of their policy implications for the welfare of the poor. The main argument is that a neoclassic economic model was imposed on Africa as a result of the unequal power relations between international financial institutions and African countries rather than as a choice based on sound economic logic or concern with human well-being. The final section is devoted to a discussion of indigenous responses to the economic crisis in Africa, most recently the African Chapter for Popular Participation in Development and Transformation (1990), and the nature of discourse on economic adjustment and development. Bibliogr., notes, ref., sum. in French (p. 172). |