Author: Ian Taylor.

The global development landscape is rapidly changing with the acceleration of the economies of emerging countries and this has important implications for sub-Saharan Africa (SSA). Notably, these emerging partners share a broad comparative advantage in their outward engagement. They are able to access large pools of finance and capital reserves and they also uphold a version of the Developmental State Model that encourages a statist approach to business. This state capitalism is increasingly coming to the fore, particularly in the aftermath of the global financial crisis and the evident intellectual collapse of neoliberalism as a sustainable economic model.