Structural Adjustment in Africa

A Transnational Project of Neocolonialism

International Monetary Fund headquarters, seen during IMF-World Bank annual meeting in Washington, DC, on October 18, 2019. © 2019 Yuri Gripas / Sipa via AP Images

African decolonization from 1950–1975 was a multifarious operation that by no means ushered in a clean break between the continent and its European colonizers. Systemic dimensions of empire, like the core-periphery division, colonial bureaucratic structures, governing ideologies, etc., persisted in a transnational form through the process…