Goodfellow, T. orcid.org/0000-0001-9598-5292 (2020) Finance, infrastructure and urban capital: the political economy of African 'gap-filling'. Review of African Political Economy, 47 (164). pp. 256-274. ISSN 0305-6244
Abstract
Financial flows into Africa are being reoriented through the pervasive discourse of the ‘infrastructure gap’. I argue that the generation of new infrastructures identified as ‘alternative assets’ by global finance is also creating landscapes of opportunity for urban capital accumulation by more locally-embedded actors. Thus, as international financial flows are becoming ‘infrastructuralized’, domestic capital is increasingly ‘real-estatized’. The conceptualization of African urban economies in terms of deficits has obscured the extent to which they are also characterised by surfeits, including of certain kinds of property development and speculation, with important implications for the politics of urban accumulation, dispossession and violence.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2020 ROAPE Publications Ltd. This is an author-produced version of a paper subsequently published in Review of African Political Economy. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Infrastructure; urban development; real estate; capitalism; finance; political settlements |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Urban Studies & Planning (Sheffield) |
Funding Information: | Funder Grant number Economic and Social Research Council ES/N018095/1 |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 02 Jan 2020 13:24 |
Last Modified: | 19 Oct 2021 10:39 |
Status: | Published |
Publisher: | Taylor & Francis |
Refereed: | Yes |
Identification Number: | 10.1080/03056244.2020.1722088 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:154881 |