Description

This important study examines the role of Africa's strategic mineral resources in global defense and in the international economic system. Beginning with an overview of the situation as a whole, the author discusses the role of transnational corporations in the exploitation of Africa's mineral resources and explains the implications of the theories of Matthew Effect, dependency, core-periphery, and imperialism. Among the issues Ogunbadejo considers are the political economy of strategic minerals; the political significance of American, European, and Soviet dependence on these minerals vis-a-vis their relations with the producer nations; and the impact of geopolitical considerations on U.S./South African relations.