Globalization and the Cultures of Business in Africa : From Patrimonialism to Profit

Description

Can Africa develop businesses beyond the extractive or agricultural sectors? What would it take for Africa to play a major role in global business? By focusing on recent changes, Scott D. Taylor demonstrates how Africa's business culture is marked by an unprecedented receptivity to private enterprise. Challenging persistent stereotypes about crony capitalism and the lack of development, Taylor reveals a long and dynamic history of business in Africa. He shows how a hospitable climate for business has been spurred by institutional change, globalization, and political and economic reform. Taylor encourages a broader understanding of the mosaic of African business and the diversity of influences and cultures that shape it. Contents Preface Acknowledgments Part 1. Introducti on and Bac kground Introduction 1. AfricanBusiness and Capitalism in Historical Perspective Part 2. Globalizati on and Politicaland Economic Transf ormati on 2. Institutional Change in the 1990s 3. Business, the AfricanState, and Globalization in theNew Millennium Part 3. The Diversit y of AfricanBusiness :Problems and Prospects 97 4. Foreign Investment beyond Compradorism andPrimary Commodities 5. From Patrimonialism to Profit? The Transformationof Crony Capitalists and Bureaucratic Bourgeoisies 6. Going Continental, Going Global Conclusion Appendix Notes Bibliography Further Reading Index