This book argues that capitalism has practically failed to deliver the long-desired economic transformation and inclusive development in postcolonial Africa. The principal factor that accounts for this failure is the prolific non-productive forms of capitalism that tend to be dominant in the...

The majority of developing countries in the Global South are rich in natural resources, but blighted by excruciating poverty and conflicts. Case study rich, this book critically explores the theories of rentier economies and natural resource conflicts, as well as the practical ramifications of...