Exam (elaborations)

APC2602 Exam pack 2024(POLITICAL ECONOMY OF AFRICA )

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APC2602

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University Of South Africa

APC2602 Exam pack 2024(POLITICAL ECONOMY OF AFRICA ) With accurate answers and assurance that they are in the exam.

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Uploaded on February 16, 2024
Number of pages 47
Written in 2023/2024
Type Exam (elaborations)
Contains Questions & answers

apc2602

gabrielmusyoka940 Member since 1 year 637 documents sold

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,APC2602 POLITICAL ECONOMY OF AFRICA EXAM PACK

Political Economy of Africa

I. Introduction

A. Definition of Political Economy:

• Political economy refers to the interplay between politics and economics,
examining how political institutions and processes influence economic
outcomes.

B. Historical Context:

• Africa's political economy shaped by historical factors, including colonization,
independence movements, and global power dynamics.

II. Economic Structures

A. Dependency Theory:

• Many African nations experience economic dependency, relying on foreign
aid and exports of raw materials.
• Historical legacies contribute to economic imbalances.

B. Agriculture and Resource Extraction:

• Agriculture remains a significant economic sector.
• Resource extraction (minerals, oil) impacts economic development and
governance.

III. Political Institutions

A. Governance and Corruption:

• Governance challenges contribute to corruption.
• Corruption hampers economic development and social progress.

B. Political Stability:

• Political stability is crucial for economic growth.
• Instances of political instability affect investment and development.

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,IV. International Relations

A. Global Power Dynamics:

• Africa's political economy influenced by global powers.
• International trade agreements, debt, and aid play key roles.

B. China-Africa Relations:

• China's increasing economic presence in Africa.
• Impact on infrastructure development, trade, and geopolitical dynamics.

V. Economic Policies

A. Structural Adjustment Programs:

• Implementation in the late 20th century.
• Mixed results, with both successes and criticisms.

B. Regional Economic Communities:

• Efforts to enhance economic cooperation among African nations.
• Examples: African Union, ECOWAS.

VI. Social and Environmental Impacts

A. Inequality and Poverty:

• Economic disparities contribute to social inequality.
• Poverty remains a significant challenge.

B. Environmental Sustainability:

• Extractive industries impact the environment.
• Balancing economic development with environmental conservation.

VII. Case Studies

A. Economic Success Stories:

• Highlighting nations with successful economic transformations.
• Examples: Botswana's diamond industry, Rwanda's post-conflict recovery.

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, B. Challenges in Specific Regions:

• Examining economic challenges in specific African regions.
• Factors such as conflict, disease, and governance issues.

VIII. Questions and Answers

1. Q: What is the political economy of Africa?
• A: The political economy of Africa explores the interaction between
political and economic systems, examining how political institutions
influence economic outcomes.
2. Q: How does historical context impact Africa's political economy?
• A: Historical factors like colonization, independence movements, and
global power dynamics have shaped Africa's economic and political
structures.
3. Q: What is the role of dependency theory in understanding Africa's
economic situation?
• A: Dependency theory highlights how many African nations are
economically dependent, relying on foreign aid and exports of raw
materials, with historical legacies contributing to imbalances.
4. Q: How does political stability influence economic development in
Africa?
• A: Political stability is crucial for economic growth, as instances of
instability can affect investment, development projects, and overall
economic progress.
5. Q: What are the challenges associated with corruption in Africa's political
economy?
• A: Corruption hampers economic development and social progress,
leading to governance challenges and impacting foreign investments.
6. Q: How do international relations, especially with China, influence
Africa's political economy?
• A: China's increasing economic presence in Africa affects infrastructure
development, trade dynamics, and geopolitical relationships,
showcasing the global influences on Africa's political economy.

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Exam (elaborations)

APC2602 Exam pack 2024(POLITICAL ECONOMY OF AFRICA )

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