New conceptions for south-south cooperation reflect deeper shifts

Issue 343 - 31 Mar 2017 | 3 minute read
American and European businesses will remain key players across the continent, but their dominance is in retreat. The full effects of the global financial crisis have taken years to reveal themselves – not least in the impact of stagnant wages and widening social divisions on the politics of western economies – but have been reflected in western banks pulling back, in some places to be replaced by Moroccan and South African institutions.

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