Merchant capital and underdevelopment in Sierra Leone

Bibliographic Data

ID11905906
AuthorsAlfred Zack-Williams (corresponding author), A B Zack‐Williams
Year1982
Volume9
Issue25
Publication date1982-09-01
Open AccessYes
TypeARTICLE
VenueReview of African Political Economy (JOURNAL)
Journal identifiersISSN: 0305-6244 • E-ISSN: 1740-1720
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/03056248208703518
OpenAlexW2078153971
LanguageEN
Citations received4
References cited4

This article follows up the theoretical work of Kay on the relationship between merchant capital and underdevelopment with an empirical study. Merchant capital in the form of trading enterprises came to Sierra Leone to extract raw materials and sell manufactured goods. Zack‐Williams details this process and briefly examines its effects on the social formation. He notes the failure of merchant capital to transform the social formation and as a corrollary to make the transition to industrial capital through investment in manufacturing. Only the United Africa Company shows signs of making this transition and that only recently

Capital (architecture · Capital formation · Capital good · Development economics · Economic growth · Economic system · Economics · Financial capital · Goods and services · Human capital · Investment (military · Market economy · Political science · Sierra leone · Underdevelopment · Work (physics · Engineering · History · Indian Economic and Social Development · Law · Microfinance and Financial Inclusion · World Systems and Global Transformations

Tools

Open DOISci-HubOpen Access