Lecturer: Jesse Salah Ovadia, Newcastle University, UK
Date: Monday 21 March 2016 2:30 – 4:30 pm
Location: South 674 Ross Building, York University
Oil has traditionally been seen as a curse for Africa; its extraction has brought about all of the negative features of capitalist development (poverty, exclusion, environmental degradation, loss of traditional livelihoods, etc.) without any of the economic growth or human development associated with capitalism in the core. Dr. Ovadia explores the ‘petro-developmental state’ as an avenue for reversing the historical experience of natural resources as a curse. Through local content policies, backward and forward linkages can be made between resource extraction, domestic manufacturing and service provision at various points in the value chain.