Formation/Cours

Logo UCL monochrome

Africa and the World Economy : Law, Finance & Geographies of Extraction

Etablissement : ESPOL European School of Political and Social Sciences

Langue : Anglais

Période : S6

In the past fifteen years, the formidable stakes of Africa’s geological wealth have positioned the continent as the global economy’s ‘last frontier’. Cobalt, a core component of ion-lithium batteries and rare earths, a critical feature of wind turbines, are the green gold of the energy transition. These resources are also found in two countries best-known for the violence of their colonial and postcolonial trajectories, the Congo and Burundi.

Is the new Scramble for Africa ushering in a brighter, more just future – away from the geological scandals of the past?

This course revisits key debates on the uneven and unequal relationship between Africa and the world economy to track the structural variables (legal, political, economic, social) that have shaped this relationship over time, from the colonial era to the present. Meanwhile, it asks a core question for our times: how can we respond to the climate emergency without depleting common goods – foremost the economic, societal, and environmental welfare of African societies?

To do so, the course espouses an interconnected understanding of global value chains (GVCs) that deploys a multidisciplinary approach (combining politics, anthropology, legal scholarship along with critical political economy) and a multiscale perspective – looking at African sites, but also patterns of power expansion in the ‘Global North’ and financial capitals. It thereby critically assesses the specific role played by law as a vernacular of the relationship between Africa and the world economy, from the 19th century Scramble, through to the on-going rush for ‘green’ minerals.

On successful completion of the module students will be able to:

  • demonstrate an understanding of the centrality of the successive ‘Scrambles’ for Africa to the formation of the global political economy and global capitalism, from the late 19th century, the Cold war partition of the continent, through to the current era of capitalism
  • assess and question imperial legacies and their revival in the ongoing rush for the critical minerals of the ‘green’ transition
  • assess and question the role of law and legal intermediaries over time in consolidating, transforming and resisting the uneven and unequal relationship between the African South and the world economy

Additionally, students will have acquired and/or consolidated the following professionalizing skills:

  • research and synthetize an issue characterized by a complex set of political, legal and economic variables
  • adapt and disseminate scientific knowledge to a targeted stakeholders’ and policy audience