Conclusion

Lynne Ciochetto, Usha C. V. Haley and George T. Haley

Chapter 7 in China versus the US, World Bank and IMF in Sub-Saharan Africa, 2023, pp 211-220 from World Scientific Publishing Co. Pte. Ltd.

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…

Keywords: Sub-Saharan Africa; China; Development; Neo-Colonialism (search for similar items in EconPapers)
JEL-codes: F13 (search for similar items in EconPapers)
Date: 2023
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