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Article
Africa's prospects and South Africa's leadership potential in the emerging markets century
Third World Quarterly (2011)
  • Stefan Andreasson
Abstract

This article examines Africa’s role in an evolving international system where powerful emerging markets, such as BRIC, together with established powers are shaping economic trajectories. The specific focus is on South Africa as an aspiring leader on the African continent, and on its potential for becoming an emerging market shaping the global order together with BRIC and the West. It is unclear whether a changing global economy in which the postcolonial world plays a greater role will result in improved developmental prospects for Africans as African countries gradually reorient themselves from the West to the South, or whether relations with emerging markets will resemble neo-colonial ties with the West. South Africa’s structural weakness, stemming from serious domestic problems of a social, political and economic nature, threatens to undermine its standing in Africa and its emerging market status.

Keywords
  • South Africa,
  • BRIC,
  • postcolonial,
  • globalisation,
  • emerging markets,
  • development
Publication Date
September, 2011
Citation Information
Stefan Andreasson. "Africa's prospects and South Africa's leadership potential in the emerging markets century" Third World Quarterly Vol. 32 Iss. 6 (2011)
Available at: http://works.bepress.com/stefan_andreasson/14/