Back to BASICs? The rejuvenation of non-traditional donors’ development cooperation with Africa

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Abstract

The world economy is in a state of flux. While most OECD countries struggle
to minimize the damage of the global financial crisis, a few countries
maintain positive economic growth rates and are thus changing global power
configurations. Among the most important emerging economies for international
development are the BASIC countries: Brazil, South Africa, India and
China. This article analyses why these countries have rejuvenated development
cooperation, what they actually do in Africa, and how they do it. It
argues that the most important aspect of the rejuvenation of non-traditional
donors’ development cooperation with African economies is not the direct
effects on these economies, be they positive or negative, but the potential
gains that may accrue to African economies in terms of larger room for manoeuvre due to increased competition and the challenge to traditional donors’
development hegemony.
OriginalsprogEngelsk
TidsskriftDevelopment and Change
Vol/bind42
Udgave nummer2
Sider (fra-til)585-607
ISSN0012-155X
DOI
StatusUdgivet - 2011

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