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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Win-Win or New Imperialism? Public-Private Partnerships in Africa Mining
Author:Dansereau, Suzanne
Periodical:Review of African Political Economy
Geographic terms:Africa
South Africa
Subjects:World Bank
mining policy
public sector
mining companies
Development and Technology
Economics and Trade
Agriculture, Natural Resources and the Environment
Politics and Government
Abstract:One of the most significant elements of globalization is the way in which the reshaping of the public-private divide is transforming the relationship between State and economy. In mining and the extractive sector, the World Bank is calling for the establishment of public-private partnerships between mining companies and the State, arguing that 'cooperation between business, civil society and government can only produce a win-win situation for all as it provides long-term benefits to the business sector while meeting the social objectives of civil society and the State by helping create stable social and financial environments'. This paper analyses these changes to State mining policy to determine if such a voluntary partnership will bring about the anticipated 'win-win' situation. It examines changes to State mining policy advocated within the World Bank's good governance agenda, articulated around the objectives of sustainable development and poverty alleviation. Next, it assesses the evolution of State-industry relationship in Zimbabwe and South Africa as each embarked on a form of liberalization aimed at attracting greater foreign investment. The paper concludes that industry is the big winner, and there are few direct benefits to State revenues. Bibliogr., sum. [ASC Leiden abstract]