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Article: The failure of the New Economic Partnership for Africa's Development.
- Article from:
- Contemporary Review
- Article date:
- May 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 Contemporary Review Company Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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THE New Economic Partnership for Africa's Development (Nepad) was launched in Abuja, Nigeria, on October 23, 2001. It was received with considerable enthusiasm in some quarters of the developed world as an African-led initiative that would provide the framework for promoting development in Africa in the new millennium. The Nepad was essentially a deal by which African leaders would promote good governance and human rights in return for increased flows of trade and investment (to the tune of sixty-four billion dollars) from the West. (See Contemporary Review, June 2002.)
Perhaps the most enthusiastic of Western leaders were Prime Minister Blair of the United ...