Business and politics in a criminal state: the case of Equatorial Guinea

Business and politics in a criminal state: the case of Equatorial Guinea

Author: 
Wood, Geoffrey
Publisher: 
Oxford University Press (OUP)
Date published: 
2004
Record type: 
Journal Title: 
African Affairs
Source: 
African Affairs, Vol. 103, Issue 413, October 2004 , PP. 547-567
Abstract: 

This article assesses the changing nature of the contemporary political economy of Equatorial Guinea. It provides an overview of the complex and dynamic web of elite rent-generation and explores the extent to which the development of an oil industry has contributed to a monoculture of accumulation. It is concluded that, despite the oil windfall, other, ‘illicit’, modes of elite rent-generation persist and have even intensified.

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CITATION: Wood, Geoffrey. Business and politics in a criminal state: the case of Equatorial Guinea . : Oxford University Press (OUP) , 2004. African Affairs, Vol. 103, Issue 413, October 2004 , PP. 547-567 - Available at: https://library.au.int/business-and-politics-criminal-state-case-equatorial-guinea-3