The Historical Basis of the Politics of Indigenous "Capitalism" In Sierra Leone

One of the major problems faced by newly-independent African governments has been how to devise an economic strategy that would simultaneously reduce foreign domination of the economy while creating a viable indigenous entrepreneurial class. In Sierra Leone, the government attempted to overcome this dilemma through a three-pronged strategy: the creation of parastatals; the introduction of legislation designed to carve out and protect lucrative economic niches for indigenous entrepreneurs in the economy; and the creation of financial institutions to strengthen indigenous capital. All these strategies failed and by the 1980s the economy faced an unprecedented crisis

African studies · Capital (architecture · Capitalism · Development economics · Dilemma · Economic growth · Economics · Economy · Ethnology · Geography · Government (linguistics · Indigenous · Legislation · Political economy · Political science · Politics · Sierra leone · Sociology · African history and culture studies · African studies and sociopolitical issues · Gender Studies · Indian Economic and Social Development · Law · Natural Resources and Economic Development · World Systems and Global Transformations