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ETHNOGRAPHIES OF MARGINALITY

Review products

MORTENBØÅS, The Politics of Conflict Economies: miners, merchants and warriors in the African borderland. New York NY: Routledge (hb $145 – 978 0 415 58084 7). 2015, 162 pp.

PAULCLOUGH, Morality and Economic Growth in Rural West Africa: indigenous accumulation in Hausaland. New York NY and Oxford: Berghahn (hb £75 – 978 1 78238 270 6). 2014, 442 pp.

DEBORAHJAMES, Money From Nothing: indebtedness and aspiration in South Africa. Stanford CA: Stanford University Press (pb $25 – 978 0 8047 9267 7). 2015, 282 pp.

Published online by Cambridge University Press:  15 January 2016

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Extract

Africanist discourse today displays a strong, widespread and growing sense of optimism about Africa's economic future. After decades of decline and stagnation in which Africa found itself reduced to the margins of the global economic stage, upbeat Afro-optimism seems fully justified. One only needs to consider African economies' solid growth rates, the emergence of new export markets earning unprecedented quantities of foreign exchange, and the rise of novel groups such as innovative African entrepreneurs (Taylor 2012) and urban-based middle classes (Simone 2004). Ironically, Africa's bright future stands in strong contrast to the stagnancy of European and American economic powers, once seen as superior to their African relatives. Deeply held feelings of Afro-pessimism, affecting intellectuals as well as ordinary Africans, are thus giving way to almost millennial expectations of Africa's economic future: the continent's imminent catching up with a degree of private and public prosperity so commonly registered elsewhere on the globe. Some go as far as to declare the rise of a proper African renaissance wherein Africa can (finally!) claim its rightful position on the global stage.

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Review Article
Copyright
Copyright © International African Institute 2016