ABSTRACT

Faced with deep and prolonged economic and political crises, African governments have been compelled by international financial institutions and donors to adopt neoliberal reform packages. Some of the major tenets of neoliberalism are the call for less and better government, usually framed in terms of ‘good governance’, and the promotion of both domestic and foreign private enterprise, which should act as the motor of economic growth and development. Despite converging tendencies, the outcome of this neoliberal agenda appears not to have been uniform because of variations in the neoliberal policies of the different African regimes and the existing structures of economic and political power. This study focuses on Cameroon and explores the continuities and changes in the relations between state and private capital accumulation as a result of neoliberal globalisation.