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The International Insertion Of Africa: New Characteristics Of An Old Natural Resource-Based Dependency

Author

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  • Angeles SANCHEZ-DIEZ
  • David MATESANZ

Abstract

The current economic reality of Africa continues to adhere to a center-periphery model. However, there are currently new elements such as the recent arrival of investment from developing countries as well as the global powers’ renewed interest in foodstuffs and minerals. The aforementioned seems to indicate that Africa is playing a greater and greater role in the process of globalization, although from a clearly disadvantaged position as a supplier of natural resources for outside economies, whether entrenched colonial superpowers (Europe), or new economic giants such as China or Brazil. This article aims to carry out an analysis of the evolution of the scope and competitiveness of African exports. As such, we will identify some of the features of Africa’s marginal insertion into the global economy by analyzing commercial patterns between Africa and Europe, Asia, and Latin America, using interregional commerce as a point of reference. The methodology to be used is the Competitive Analysis of Nations, a method developed by the World Bank and the ECLAC (Economic Commission for Latin America and the Caribbean).

Suggested Citation

  • Angeles SANCHEZ-DIEZ & David MATESANZ, 2011. "The International Insertion Of Africa: New Characteristics Of An Old Natural Resource-Based Dependency," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 11(1).
  • Handle: RePEc:eaa:eerese:v:11:y2011:i:1_7
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    More about this item

    Keywords

    competitiveness; African exports; foodstuffs and minerals; dependence.;

    JEL classification:

    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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