Promoting U.S. Investment in Sub-Saharan Africa (International Political Economy Series)

Résumé : Addressing an under-studied aspect of U.S. foreign policy towards sub-Saharan Africa, Hendrickson provides a critical historical analysis of institutions designed to promote private investment in the region. She draws attention to the interaction between strategic factors, domestic interests, and the ideas used to achieve consensus on policy. Addressing an under-studied aspect of U.S. foreign policy towards sub-Saharan Africa, Roshen Hendrickson provides a critical historical analysis of efforts to promote private investment in the region since World War II. The author investigates the role of institutions such as the United States Agency for International Development, the Overseas Private Investment Corporation, the Millennium Challenge Corporation and bills such as the African Growth and Opportunity Act. She draws attention to the way strategic factors, domestic pressures and ideas about the role of U.S. investment in Africa influenced policymakers during the Cold War and post Cold War periods. Examples of government assistance to private investors highlight trends in bilateral policies and point to the necessity for the United States to contribute to global governance that will enable private investment to play a role in promoting sustainable economic growth in Africa Résumé : Addressing an under-studied aspect of U.S. foreign policy towards sub-Saharan Africa, Hendrickson provides a critical historical analysis of institutions designed to promote private investment in the region. She draws attention to the interaction between strategic factors, domestic interests, and the ideas used to achieve consensus on policy. Addressing an under-studied aspect of U.S. foreign policy towards sub-Saharan Africa, Roshen Hendrickson provides a critical historical analysis of efforts to promote private investment in the region since World War II. The author investigates the role of institutions such as the United States Agency for International Development, the Overseas Private Investment Corporation, the Millennium Challenge Corporation and bills such as the African Growth and Opportunity Act. She draws attention to the way strategic factors, domestic pressures and ideas about the role of U.S. investment in Africa influenced policymakers during the Cold War and post Cold War periods. Examples of government assistance to private investors highlight trends in bilateral policies and point to the necessity for the United States to contribute to global governance that will enable private investment to play a role in promoting sustainable economic growth in Africa "Addressing an under-studied aspect of U.S. foreign policy towards sub-Saharan Africa, Roshen Hendrickson provides a critical historical analysis of efforts to promote private investment in the region since World War II. The author investigates the role of institutions such as the United States Agency for International Development, the Overseas Private Investment Corporation, the Millennium Challenge Corporation and bills such as the African Growth and Opportunity Act. She draws attention to the way strategic factors, domestic pressures and ideas about the role of U.S. investment in Africa influenced policymakers during the Cold War and post Cold War periods. Examples of government assistance to private investors highlight trends in bilateral policies and point to the necessity for the United States to contribute to global governance that will enable private investment to play a role in promoting sustainable economic growth in Africa"--Provided by publisher Front Matter....Pages i-xii Introduction....Pages 1-10 Understanding Promotion of Investment in Africa....Pages 11-25 The Cold War and the Creation of Institutions Promoting Private Investment....Pages 26-53 Global Economic Competition in the Post-Cold War Era....Pages 54-84 George W. Bush and Africa in the New Millennium....Pages 85-114 The Obama Administration in a Multipolar World....Pages 115-150 Africa and Transformation in the Global Economy....Pages 151-160 Back Matter....Pages 161-192 This book examines the defence and security challenges facing the new South Africa in the context of development and nation-building priorities.