Zambia, Mining, and Neoliberalism, Edited by Alastair Fraser and Miles Larmer

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Zambia, Mining, and Neoliberalism, Edited by Alastair Fraser and Miles Larmer “Although previous calculations had estimated that Zambia’s copper will be exhausted by 2020, thanks to new technologies it is now estimated that there is enough copper that can be mined profitably until almost the end of the present century. Hence, notwithstanding current attempts at diversification of the economy away from mining, Zambia’s mining sec- tor, including copper, cobalt, and gem stones, will continue to act as a principal engine of growth and development for quite some time to come. This reader provides comprehensive coverage of the historical, economic, political, social, and technological issues relating to mining in Zambia. It makes for compelling reading for students of development and compul- sory reading for those interested in Zambia’s mining sector.” —Venkatesh Seshamani, Professor of Economics, University of Zambia “This excellent collection will alternately enrage the reader with its docu- mentation of the astoundingly unfair conditions of the privatization of Zambia’s copper mines—which have so far succeeded in preventing any fair distribution of the economic benefits of the post-2004 boom in cop- per prices—and bring hope with its insightful accounts of the determined struggles by Zambian people to change this iniquitous situation. This book is a wonderful contribution to the rich literature on the Zambian Copperbelt which has for so long been a testing ground for the complex inter-relationships between mineral-dependent economic growth, global forces, internal development trajectories, and political and social change in developing countries.” —Deborah Potts, Cities Research Group, Geography Department, King’s College London “Zambia’s copper mines are back in business . in a very different world with an increasing variety of capitalisms. Zambia now has to relate to the BRICs and not the NAM; to a China of the Olympics rather than Tazara. But the developmental vision of such novel resource governance remains almost as problematic as when Cecil Rhodes had a dream. A new, engaged generation of analysts examine local to global prospects at the turn of another decade and era.” - 2011-03-11 - PalgraveConnect Tromsoe i - licensed to Universitetsbiblioteket www.palgraveconnect.com material from Copyright —Timothy M. Shaw, Professor and Director, Institute of International Relations at The University of the West Indies “The scholarly research that has gone into this book shows the critical importance for Africa to secure control over both its natural resources 10.1057/9780230115590 - Zambia, Mining, and Neoliberalism, Edited by Alastair Fraser and Miles Larmer 9780230104983_01_prexxii.indd i 11/8/2010 11:09:29 PM and the financial, managerial, and technological support structure to harness those resources. The moral of the story behind Zambia’s copper industry is that if assistance is needed from outside, it must not be part of a donor-driven aid package.” —Yash Tandon, author of Ending Aid Dependence “So-called policy reform in Zambia, driven by the World Bank and the IMF, was a scandal that deindustrialized the economy, impoverished the Copperbelt, and fostered rampant corruption. Fraser and Larmer’s Zambia, Mining and Neoliberalism offers the definitive analysis of this sorry tale.” —John Weeks, Professor Emeritus, SOAS, University of London “Fraser and Larmer’s book Zambia, Mining and Neoliberalism: Boom and Bust in the Globalized Copperbelt is perhaps one of the best books to be written on the Zambian copper industry in the last four decades. This collection of essays analyzes the contemporary political economy of Zambia’s copper industry and locates the struggles for the control of the country’s mineral wealth within the context of globalized capitalism. Rich in empirical detail, this book provides a fresh theorization of the problems faced by resource-dependent economies in negotiating favor- able terms from their mineral wealth when faced with pressures from foreign multinationals on one hand and local communities on the other, under an uncertain international economic environment. This is a remarkable, ground-breaking contribution to the literature on African development in general and mining development in particular, as it uses the Zambian case to illustrate the difficult choices that political leaders have to make and the pressures they face in trying to realize realistic returns from mineral wealth. It should be essential reading for anyone who wants to understand how global capitalism impacts the negotiating power of resource-rich developing countries and how mineral price vola- tility has constrained the space for political leaders to extract attractive concessions from multinational corporations with negative effects to their populations.” —Neo Simutanyi, Executive Director, Centre for Policy Dialogue, Lusaka, Zambia “This uncommonly tight, timely, and intellectually sharp volume sets the - 2011-03-11 - PalgraveConnect Tromsoe i - licensed to Universitetsbiblioteket www.palgraveconnect.com material from Copyright recent history of boom and bust in the Zambian mining economy in a longer historical timeframe. Its key contribution lies in demonstrating precisely why neo-liberal orthodoxies have served Zambia so poorly.” —Paul Nugent, Professor of Comparative African History, University of Edinburgh 10.1057/9780230115590 - Zambia, Mining, and Neoliberalism, Edited by Alastair Fraser and Miles Larmer 9780230104983_01_prexxii.indd ii 11/8/2010 11:09:30 PM Zambia, Mining, and Neoliberalism Copyright material from www.palgraveconnect.com - licensed to Universitetsbiblioteket i Tromsoe - PalgraveConnect - 2011-03-11 - PalgraveConnect Tromsoe i - licensed to Universitetsbiblioteket www.palgraveconnect.com material from Copyright 10.1057/9780230115590 - Zambia, Mining, and Neoliberalism, Edited by Alastair Fraser and Miles Larmer 9780230104983_01_prexxii.indd iii 11/8/2010 11:09:30 PM Africa Connects Garth Myers (University of Kansas) and Martin J. Murray (University of Michigan), Series Editors This scholarly series stands at the intersection of globalization and develop- ment studies, examining the social, political, and economic effects of these processes on the African continent. For advocates and critics alike, global- ization and development are inescapable “facts of life” that define the param- eters of social action not just in Africa but throughout the world. Yet while academic debates and policy discussions careen between praise and criticism, too little attention is given to how these processes actually operate in African settings. Rather than simply reacting to the mainstream scholarly literature, books in this series seek to creatively engage with contemporary debates as a way of developing new perspectives that establish and analyze the linkages between globalization and development. Published by Palgrave Macmillan: Encountering the Nigerian State Edited by Wale Adebanwi and Ebenezer Obadare Zambia, Mining, and Neoliberalism: Boom and Bust on the Globalized Copperbelt Edited by Alastair Fraser and Miles Larmer Copyright material from www.palgraveconnect.com - licensed to Universitetsbiblioteket i Tromsoe - PalgraveConnect - 2011-03-11 - PalgraveConnect Tromsoe i - licensed to Universitetsbiblioteket www.palgraveconnect.com material from Copyright 10.1057/9780230115590 - Zambia, Mining, and Neoliberalism, Edited by Alastair Fraser and Miles Larmer 9780230104983_01_prexxii.indd iv 11/8/2010 11:09:30 PM Zambia, Mining, and Neoliberalism Boom and Bust on the Globalized Copperbelt Edited by Alastair Fraser and Miles Larmer Copyright material from www.palgraveconnect.com - licensed to Universitetsbiblioteket i Tromsoe - PalgraveConnect - 2011-03-11 - PalgraveConnect Tromsoe i - licensed to Universitetsbiblioteket www.palgraveconnect.com material from Copyright 10.1057/9780230115590 - Zambia, Mining, and Neoliberalism, Edited by Alastair Fraser and Miles Larmer 9780230104983_01_prexxii.indd v 11/8/2010 11:09:30 PM ZAMBIA, MINING, AND NEOLIBERALISM Copyright © Alastair Fraser and Miles Larmer, 2010. All rights reserved. First published in 2010 by PALGRAVE MACMILLAN® in the United States—a division of St. Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Where this book is distributed in the UK, Europe and the rest of the world, this is by Palgrave Macmillan, a division of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN: 978–0–230–10498–3 Library of Congress Cataloging-in-Publication Data Zambia, mining, and neoliberalism : boom and bust on the globalized copperbelt / edited by Alastair Fraser, Miles Larmer. p. cm.—(Africa connects) ISBN 978–0–230–10498–3 (hardback) 1. Copper industry and trade—Zambia. 2. Zambia—Economic conditions—1964– I. Fraser, Alastair, 1974– II. Larmer, Miles. HD9539.C7Z339 2010 338.2Ј743096894—dc22 2010022458 A catalogue record of the book is available from the British Library. Design by Newgen Imaging Systems (P) Ltd., Chennai, India. First edition: December 2010 10 9 8 7 6 5 4 3 2 1 Printed in the United States of America. Copyright material from www.palgraveconnect.com - licensed to Universitetsbiblioteket i Tromsoe - PalgraveConnect - 2011-03-11 - PalgraveConnect Tromsoe i - licensed to Universitetsbiblioteket www.palgraveconnect.com
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