Economic Opportunities

In this symposium, our contributors react to Prof Taylor’s paper by interrogating embedded structures of knowledge generation and creation, economic development in Latin America, international law, disadvantageous investment agreements, and continental integration. In particular, the essays explore how these arrangements reshape traditional centre-periphery relations.

Colonial powers reshaped the economies to extract resources for export to the metropole while creating an import dependency for consumables. This legacy transformed these economies and their indigenous institutions and power. Locals were brutalized and deprived of meaningful economic opportunities.

Fox and Bakhoum contextualize competition law by describing (in chapters 2 and 3) the structure and other key characteristic of markets in numerous African countries, including the economic and political history of those countries and their markets, as well as the legacies of colonization and decolonization – and by highlighting more broadly the economic challenges and needs of the people of Africa.