Published online by Cambridge University Press: 28 March 2008
The treatment of Africa as an economic entity needs to be approached with caution, for it is a continent of great natural diversity. Over and above this the differing political, social and economic policies imposed on the continent by the colonial powers left independent Africa with a poorly integrated economy. Intra-African trade was negligible; there was no continental transport and communications system; and the various independent African countries belonged to different monetary zones, each monetary area being linked with one or the other of the former metropolitan powers. It is, therefore, more accurate to talk about the evolution of the African economies rather than of the African economy; and necessary to trace how each has evolved during the period of 35 years covered by this volume. Such an approach, however, would do less than full justice to the economic history of Africa for in spite of the differences in the patterns of development of the various countries, certain overall themes and features are discernible. It will be our aim to highlight these while emphasising, as may be appropriate, the uniqueness of each economy. South Africa, being a developed economy, at least as far as its dominant white community was concerned, is not considered here except for comparative purposes; nor for that matter, unless expressly stated, is Rhodesia, due to lack of data, particularly during the period of the unilateral declaration of independence.
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