Document Type

Honors Project

Abstract

In 2001, African leaders adopted "The New Partnership for African Development" (NEPAD). Unlike previous African development policies which rejected Western influence, NEPAD embraces neoliberal economics. I examine previous development policies to chart how elites abandoned opposition to neoliberalism and explain what events sparked this transformation. I argue that elites redefined neoliberalism in NEPAD, combining African nationalism and Western economics. This redefinition responds to criticisms and diffuses accusations of neocolonialism, thus ensuring neoliberalism's survival on the continent. This research addresses the role of African elites in the perpetuation of neoliberalism and designs a theory to explain diffusion of neoliberalism worldwide.

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