Sub-Saharan Africa

Thu, 27 Mar 1997 18:33:58 +0000
Karl Carlile (

KARL CARLILE:Can anyone offer an explanation as to why capital flows
to sub-Saharan Africa have dminised to a trickle flow over the last
decade or more?

Given that the rate of profit must be higher in this region why and
how does it happen that capital fails to accumulate there in a
substantive way.

Marxist political economy's failure to explain this yet offer cogent
expalanation of the character of capital accumulation in the West or
in economies of the gang of four.

Yours etc.,