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| Title: | Global restructuring and peripheral States: the carrot and the stick in Mauritania |
| Author: | Ould-Mey, Mohameden |
| Year: | 1996 |
| Pages: | 316 |
| Language: | English |
| City of publisher: | Lanham, MD |
| Publisher: | Littlefield Adams Books |
| ISBN: | 0822630508; 0822630516 |
| Geographic term: | Mauritania |
| Subjects: | economic dependence economic development global economy economic policy |
| Abstract: | This book, based on fieldwork and the analysis of primary documents, examines the genesis, process, impact and implementation of structural adjustment programmes (SAPs) at the global, national and local levels, from their conception by the Group of Seven (G-7) to their execution by international institutions such as the IMF and the World Bank by means of a carrot-and-stick strategy of providing loans in exchange for fundamental changes in the political economy of borrowing Third World countries. Mauritania is detailed as one example of a peripheral State now in the process of readjustment. The theoretical framework adopted by the author attempts to integrate existing theories of uneven development and regulation theory into one geopolitical economy approach. The author argues that economic liberalization and management decentralization in fact represent further centralization of the world economy through the emergence of a global command structure. For a State like Mauritania this implies a process of steady denationalization, increased dependency on a complex body of international investors, and sociopolitical fragmentation. The democratization brought about by SAPs will remain superficial at the national/local levels as long as at the global/international levels relations remain undemocratic. In the final analysis the SAPs have enhanced the power of the West while they have accelerated the recompradorization of the economically peripheral States. |
