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International Conference - Lille, France (3-5 July 2019)

Envisioning the Economy of the Future, and the Future of Political Economy

Papers > By author > Giron Alicia

Financiarization and Social Reproduction in Sub-Saharian Africa
Alicia Giron  1, 2@  
1 : Mexico Autonomous National University  (UNAM)
2 : ALICIA GIRÓN

From the post-crisis period sub-Saharan Africa has been presented as a fundamental piece in the Silk Road for its natural resources. Even the bases for an economic integration between their countries have been created to adapt to a new model of development based on the deepening of the productive and financial circuits of the large international corporations. The austerity policies, the growing indebtedness, an informal market and the wave of migrations towards Europe passing through the Mediterranean question the nascent democracies where social reproduction is entering into conflict.

The central question of this work is to what extent sub-Saharan Africa will be able to implement in the future a model of sustained development with equity without jeopardizing social reproduction and also being a global player.

The purpose of this paper is the relationship between financialization and global neoliberalism in a region of strategic natural resources; second, the questioning of social reproduction in the face of a project of austerity that limits development in all areas of expression; third, the development of sub-Saharan Africa in the futures market of commodities and the financial fragility that it represents in the face of the volatility of prices in the global financial market; finally, the complexity of the insertion of sub-Saharan Africa into the global world calls into question the fulfillment of the 2030 Agenda.



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