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Over forty years after the formal end of colonialism, suffocating ties to Western financial systems continue to prevent African countries from achieving any meaningful monetary sovereignty.Economic and Monetary Sovereignty in 21st Century Africa traces the recent history of African monetary and financial dependencies, looking at the ways African nations are resisting colonial legacies. Using a comparative, multi-disciplinary approach, this book uncovers what went wrong after the Pan-African approaches that defined the early stages of independence, and how most African economies fell into the firm grip of the IMF, World Bank, and the EU’s strict neoliberal policies.This collection is the first to offer a wide-ranging, comparative and historical look at how African societies have attempted to increase their policy influence and move beyond neoliberal orthodoxy and US-dollar dependency. Economic and Monetary Sovereignty in 21st Century Africa is essential reading for anyone interested in the African quest for self-determination in a turbulent world of recurring economic and financial crisis.

Over forty years after the formal end of colonialism, suffocating ties to Western financial systems continue to prevent African countries from achieving any meaningful monetary sovereignty.Economic and Monetary Sovereignty in 21st Century Africa traces the recent history of African monetary and financial dependencies, looking at the ways African nations are resisting colonial legacies. Using a comparative, multi-disciplinary approach, this book uncovers what went wrong after the Pan-African approaches that defined the early stages of independence, and how most African economies fell into the firm grip of the IMF, World Bank, and the EU’s strict neoliberal policies.This collection is the first to offer a wide-ranging, comparative and historical look at how African societies have attempted to increase their policy influence and move beyond neoliberal orthodoxy and US-dollar dependency. Economic and Monetary Sovereignty in 21st Century Africa is essential reading for anyone interested in the African quest for self-determination in a turbulent world of recurring economic and financial crisis.

This book examines the practices in Western and local spheres of humanitarian intervention, and shows how the divide between these spheres helps to perpetuate Western involvement.Using the Democratic Republic of the Congo as a case study – an object of Western intervention since colonial times – this book scrutinizes the contemporary practice of humanitarian intervention from the inside. It seeks to expose how humanitarian aid and peacekeeping works, what obstacles they encounter and how they manage to retain their legitimacy. By examining the relationship between the West and the DR Congo, this volume asks why intervention continues to be so central for the relationship between Western and local spheres. Why is it normal and self-evident? The main answer developed here is that the separation of these two spheres allows intervention to enjoy sufficient degrees of legitimacy to be sustained. Owing to the contradictions that surface when juxtaposing the Western and Congolese spheres, this book highlights how keeping them separate is key to sustaining intervention. Bridging the divide between the liberal peace debate in International Relations and anthropologies of humanitarianism, this volume thus presents an important contribution to taking both the legitimizing proclamations and ‘local’ realities of intervention seriously. The book will be of much interest to students of statebuilding, peacebuilding, peacekeeping, anthropology, research methods and IR in general.

Humanitarianism as a moral concept and an organized practice has become a major factor in world society. It channels an enormous amount of resources and serves as an argument for different kinds of interference into the "internal affairs" of countries and regions. At the same time, and for these very reasons, it is an ideal testing ground for successful and unsuccessful cooperation across borders.Humanitarianism and the Challenges of Cooperation examines the multiple humanitarianisms of today as a testing ground for new ways of global cooperation. General trends in the contemporary transformation of humanitarianism are studied and individual cases of how humanitarian actors cooperate with others on the ground are investigated. This book offers a highly innovative, empirically informed account of global humanitarianism from the point of view of cooperation research in which internationally renowned contributors analyse broad trends and present case studies based on meticulous fieldwork. This book will be of great interest to students and researchers in the areas of political science, international relations and humanitarianism. It is also a valuable resource for humanitarian aid workers.

Capital Claims: Power and Global Finance analyses how global financialized capitalism operates and reproduces itself, exploring the remarkable ability of the financial sector to maintain its dominance through even the most severe economic crises.The book defines international financialization as a process by which the number and value, the tradability, and the enforceability of cross-border financial claims increase and are successfully defended against competing social or political agendas. By focusing on financial claims, the volume develops a conceptual toolkit for the study of the political economy of global finance and the inequalities it sustains. The book brings together leading researchers whose work is geared towards opening the black box of cross-border finance. The authors suggest shifting the analytical focus from capital flows to capital claims – credit–debt relations between identifiable actors, embedded in social and political institutions, and infused with power and hierarchy. They show how financial actors wield leverage power, infrastructural power, and enforcement power, both vis-à-vis other private actors and vis-à-vis the state.This book will be of great interest to students, teachers, and researchers of international political economy, critical political economy, and international relations, as well as those in the fields of finance, capitalism studies, activism, policymaking, and advocacy.An Online Appendix for Chapter 11 is available at: www.routledge.com/9781032111193

Capital Claims: Power and Global Finance analyses how global financialized capitalism operates and reproduces itself, exploring the remarkable ability of the financial sector to maintain its dominance through even the most severe economic crises.The book defines international financialization as a process by which the number and value, the tradability, and the enforceability of cross-border financial claims increase and are successfully defended against competing social or political agendas. By focusing on financial claims, the volume develops a conceptual toolkit for the study of the political economy of global finance and the inequalities it sustains. The book brings together leading researchers whose work is geared towards opening the black box of cross-border finance. The authors suggest shifting the analytical focus from capital flows to capital claims – credit–debt relations between identifiable actors, embedded in social and political institutions, and infused with power and hierarchy. They show how financial actors wield leverage power, infrastructural power, and enforcement power, both vis-à-vis other private actors and vis-à-vis the state.This book will be of great interest to students, teachers, and researchers of international political economy, critical political economy, and international relations, as well as those in the fields of finance, capitalism studies, activism, policymaking, and advocacy.An Online Appendix for Chapter 11 is available at: www.routledge.com/9781032111193

This book examines the practices in Western and local spheres of humanitarian intervention, and shows how the divide between these spheres helps to perpetuate Western involvement.Using the Democratic Republic of the Congo as a case study – an object of Western intervention since colonial times – this book scrutinizes the contemporary practice of humanitarian intervention from the inside. It seeks to expose how humanitarian aid and peacekeeping works, what obstacles they encounter and how they manage to retain their legitimacy. By examining the relationship between the West and the DR Congo, this volume asks why intervention continues to be so central for the relationship between Western and local spheres. Why is it normal and self-evident? The main answer developed here is that the separation of these two spheres allows intervention to enjoy sufficient degrees of legitimacy to be sustained. Owing to the contradictions that surface when juxtaposing the Western and Congolese spheres, this book highlights how keeping them separate is key to sustaining intervention. Bridging the divide between the liberal peace debate in International Relations and anthropologies of humanitarianism, this volume thus presents an important contribution to taking both the legitimizing proclamations and ‘local’ realities of intervention seriously. The book will be of much interest to students of statebuilding, peacebuilding, peacekeeping, anthropology, research methods and IR in general.

Humanitarianism as a moral concept and an organized practice has become a major factor in world society. It channels an enormous amount of resources and serves as an argument for different kinds of interference into the "internal affairs" of countries and regions. At the same time, and for these very reasons, it is an ideal testing ground for successful and unsuccessful cooperation across borders.Humanitarianism and the Challenges of Cooperationexamines the multiple humanitarianisms of today as a testing ground for new ways of global cooperation. General trends in the contemporary transformation of humanitarianism are studied and individual cases of how humanitarian actors cooperate with others on the ground are investigated. This book offers a highly innovative, empirically informed account of global humanitarianism from the point of view of cooperation research in which internationally renowned contributors analyse broad trends and present case studies based on meticulous fieldwork.This book will be of great interest to students and researchers in the areas of political science, international relations and humanitarianism. It is also a valuable resource for humanitarian aid workers.The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution-No Derivatives (CC-BY-ND) 4.0 license.