Beyond ‘Poverty Reduction through Good Governance’: The New Political Economy of Development in Africa

Abstract

The new political economy of development, characterised by the rising powers' new resource finds in many poor countries and the financial crisis, has driven development ideas and practices towards a paradigm shift, moving it beyond the post-Washington Consensus which marked the high point of development's ‘Poverty Reduction through Good Governance’ agenda. This has important implications for the extent to which developing countries remain governed by the institutional and ideological imperatives of development. Optimists suggest that this could herald a new era of sovereignty that enables African countries to take fuller control of their governance and development priorities, including a shift towards a ‘southern consensus’ around structural transformation, whilst pessimists argue that the hegemony of orthodox development ideas has only been partially reordered and that new problems of sovereignty are now emerging. Insights from Uganda suggest that both of these scenarios are currently unfolding, leaving the outcomes uncertain and much to play for. What remains of the ‘good governance’ agenda has yet to adapt itself to this new politics of development, which requires the emergence of new forms of developmental state in Africa.

Keywords:

• political economy
• governance
• sovereignty
• new paradigm
• Uganda

Notes

See http://siteresources.worldbank.org/INTPRS1/Resources/boardlist.pdf [accessed November 2011].

This includes leading technocrats within Ministries of Finance and Planning, some of whom were trained by John Williamson (the architect of the Washington Consensus), but also some IFI country staff who have yet to fully ingest and operationalise the Bank's new agenda.