QUOTE(Mrs. Pigpen @ Feb 2 2008, 07:22 AM)

QUOTE(Lesly @ Feb 1 2008, 06:35 PM)

It will be interesting and welcome to see, however, if African states discard Western economic advice, adopt an Asian approach to modernization, and come out better for it.
Could you elaborate on this? What is an "Asian approach to modernization"?
I'll try.
Structured mercantilism from
MITI is credited with bringing about the Japanese post-war miracle. Something similar occurred in China if you can imagine a silver lining around Mao's disastrous Great Leap Forward.
Conservative communists didn't want anything to do with GLF, preferring Stalin's approach to industrialization relying on capital-intensive technologies. Liberal communists ready to improvise supported a policy that resembled economist E. F. Schumacher's "Small Is Beautiful" series.
QUOTE(Political Economy of the Great Leap Forward)
Just as E. F. Schumacher argued against using capital-intensive technology in the presence of labor abundance, Mao made the argument that the Chinese government should not be focusing its development efforts on industrial strategies dependent on advanced material technology, especially when it could only do so by extracting a sizable surplus from the countryside to finance the purchase and operation of such technology.
The Maoist (and Schumacherian) preference was for a more evenly distributed developmental strategy. In this strategy, the quality of production technology employed by the greatest number of direct producers took precedence over the pace at which large-scale, mass production technology ("big is beautiful") could be implemented. The Maoist (and Schumacherian) dynamic of technological accumulation, as practiced in the Great Leap Forward, focused on improving the productivity of all Chinese workers, whether in the rural or urban enterprises, by investing in human development and labor-intensive technology, even at the cost of slowing down the pace of investment in heavy industry. […]
E. F. Schumacher similarly advocated the adoption of appropriate technology in less industrialized nations as a strategy that was consistent with economic growth and development. Schumacher believed that capital intensive investments in such societies were often wasteful and did not advance the economic prospects of poor nations. For example, he argued that a labor intensive society should not be importing big tractors and combines that require expensive and sophisticated spare parts, consume large quantities of fuel, and are complicated to operate if the leaders of that society want genuine and sustainable agricultural development but should be adopting smaller, cheaper, less sophisticated machines and tools that could easily be used and repaired given existing natural resources and skills.
China's post-war Cultural Revolution was based on self-reliance. Self-reliance was the schism between communist Russia and China. China and other Asian countries didn't borrow from the IMF/WB; they developed their industries behind trade barriers, they didn't raise cash crops and they didn't put their hopes on rapid, mechanized industrialization lacking resources and know-how to manage it.
Africa was more underdeveloped before international bankers started providing loans than it is today, with progress being very unequal, but it did have a sustainable agriculture. Western economists' advice to Africa in the 60s and 70s was modernize your agribusiness so you can use your cash surplus to pay back loans and invest in other industries. That didn't pan out because economists only had one advice to offer developing states. The market was flooded and prices dropped. The plan was to sell surplus food at pre-modernized prices and countries were straddled with debt, unable to redistribute cash towards other industries.
Africa went from feeding itself to being a
perpetual importer of food. Millions of people have migrated to cities in hopes of finding jobs. There were exceptions to Western economic advice like drought and the forceful relocation of white farmers who, like their native counterparts, knew the middlemen, the sellers and the villages that depended on their food.
Africa's problem has been and will continue to be clientilism, but it seems every emerging democracy has this transparency problem. In Brazil, another state trying to make the most of pseudo-protectionist policies without falling out of favor with the IMF, clientilism is a part of the political process and economic policies.
If China wants to do better than the West has in regards to political corruption and abuse of aid with African leaders I think the best they can hope for is ignoring the practice but supporting local parties, no matter the ideology (something we're uncomfortable doing), to sustain political competition and hopefully discourage debilitating corruption.