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The Politics of Economic Restructuring and Democracy in Africa by Obioma M. Iheduru

The Politics of Economic Restructuring and Democracy in Africa

by Obioma M. Iheduru
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Book cover type: Hardcover
  • ISBN13: 9780313308338
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Greenwood Press
  • Publisher Imprint: Greenwood Press
  • Publication Date:
  • Pages: 184
  • Original Price: GBP 60.0
  • Language: English
  • Edition: N/A
  • Item Weight: 445 grams
  • BISAC Subject(s): Structural Adjustment, General, and Development / Economic Development

In a bold attempt to develop an innovative theory of political change arising from dual economic and political transformations, Iheduru maintains that economic structural adjustment policies have unintended political consequences, leading to democratic liberalization in post-colonial African states. Using classical, dependency, and neoliberal approaches as a backdrop, he demonstrates that structural adjustment policies shaped by conditionality measures foster the operation of free-enterprise market forces. As a social consequence of the reform effort, winners and losers organize to protect their interests, first in the economy and later in the political arena. Thus the structural reorientation of African economies leads not only to the ascendancy of the market and economic growth but also to the political opening of the African state, thereby facilitating the participation of excluded groups.

In conclusion, Iheduru predicts that structural adjustment is the best policy alternative for initiating and sustaining meaningful economic changes in Africa. Moreover, he claims, it may be a deciding factor in the possible democratizing of the African continent, which would provide an auspicious atmosphere for a properly functioning market economy.

Iheduru, Obioma M.: -

OBIOMA M. IHEDURU is Assistant Professor of Political Science at Fort Valley State University./e His research interests include economic and development policy, comparative political economy, public management, and privatization and democratization with a regional focus on Nigeria and Africa.

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