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A Back Door to Globalisation? Structural Adjustment, Globalisation & Transborder Trade in West Africa
Abstract
Neo-liberal economic reforms were widely expected to rein in Africa's unofficial transborder trade through liberalisation and closer integration into the global economy. Instead of disappearing in the face of structural adjustment and globalisation, however, West African transborder trading systems have been restructured and globalised. This article analyses how the West African experience of economic restructuring has led to an expansion and deepening of unofficial trade, as well as the globalisation of its activities. A clear understanding of this process has been blurred by the ideological manipulation of perspectives on informal economic activity by proponents of the neo-liberal reforms. By means of a deconstruction of populist analyses and more recent narratives of criminalisation, this article traces the contemporary evolution of transborder trade. The conclusion reached is that, while transborder trading structures represent important institutional resources for economic development, they are structurally incapable of integrating West Africa into the global economy in the absence of an appropriate regulatory framework.
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“Moreover, informal economic systems generate opportunities for accumulation as well as basic livelihoods, shaping informal career paths in production, service and trading activities that can lead to middle-class incomes and even considerable wealth (Gregoire and Labazee 1993;MacGaffey and Bazenguissa-Ganga 2000;Meagher 2003;Prag 2013).”
From Cannibalizing the Informal Economy: Frugal Innovation and Economic Inclusion in Africa (2018) · cites this paper as Meagher 2003
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Cited by
The strength of weak states? Non-state security forces and hybrid governance in Africa
Meagher, K. (2012) · Development and Change · doi:10.1111/j.1467-7660.2012.01794.x · Cited by 346
Self-citationCannibalizing the Informal Economy: Frugal Innovation and Economic Inclusion in Africa
Meagher, K. (2018) · The European Journal of Development Research · doi:10.1057/s41287-017-0113-4 · Cited by 175
Self-citationKohnert (2006) · doi:10.2139/ssrn.921535 · Cited by 18
Metadata
- Authors
- Meagher, K.
- Venue
- Review of African Political Economy
- Publisher
- Review of African Political Economy
- Published
- 2003-03-01
- Volume
- 30
- Issue
- 95
- ISSN
- 0305-6244
- 1740-1720
- Cited by
- 81
- References
- 0
- Language
- en
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