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Conclusion

In: China versus the US, World Bank and IMF in Sub-Saharan Africa

Author

Listed:
  • Lynne Ciochetto
  • Usha C. V. Haley
  • George T. Haley

Abstract

This book has investigated the activities of China and the main Western powerholders — the US, World Bank (WB) and International Monetary Fund (IMF) — in Sub-Saharan Africa (SSA) since 2000. The focus of the investigation has been their contribution to ‘development’, in three specific categories: people and politics, economics and environment (the ‘triple bottom line’). I have taken a human-centred approach that prioritises the wellbeing of the population and their ability to meet their basic needs in terms of health, housing, employment, education and freedom from political repression. Meeting these needs requires a willingness and commitment by governments to spend money on these sectors, and having the money to spend. Improving human development also necessitates economic development and safeguarding of the environment. One of the notable effects of providing health services and education is the lowering of population growth (Rosling, 2018), which also has economic and environmental benefits…

Suggested Citation

  • Lynne Ciochetto & Usha C. V. Haley & George T. Haley, 2023. "Conclusion," World Scientific Book Chapters, in: China versus the US, World Bank and IMF in Sub-Saharan Africa, chapter 7, pages 211-220, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781783266685_0007
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    More about this item

    Keywords

    Sub-Saharan Africa; China; Development; Neo-Colonialism;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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