Term Paper: Africa so Poor?

Pages: 13 (5480 words)  ·  Bibliography Sources: 1+  ·  Level: College Senior  ·  Topic: Literature - African  ·  Buy This Paper

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[. . .] What adds to this is the fact that the country has a history of long drawn out conflicts and civil wars, and these civil wars do tend to slow down and even arrest the growth and development of the African continent. While armed conflict is contained in one area, the same would inevitably erupt in another area, and this phenomenon will not stop unless strict measures are taken to stop it. Poor weather conditions, deterioration and a decrease in the trade of the country, combined with this type of domestic conflict have all contributed to the loss of a good economic momentum in the country, especially in the past few years. (Promoting Growth in Sub-Saharan Africa)

How can the geography of Africa be used in order to solve at least a part of the problems that the country is facing today, if possible? How can the African government use economic policies in its effort to strengthen its participation in the global economy in a way that would quite naturally being about a sustained and a widespread growth to the country in a way that would be beneficial to the peoples of Africa? To start with, the government must make a comprehensive list of all the factors that they would address in their efforts to realize all the opportunities and the challenges that are put forth by globalization. These factors must be generally based on the several different issues like: the various different trends in the globalization process, and all the ways and means that they would end up affecting Africa, the issue of the economic development in recent years that Africa has been demonstrating, in relation to the general economic performance, and also its external performance. (Strengthening Africa's participation in the Global Economy)

Another important factor is that of a close review of all the factors that have in essence contributed to the marginalization of Africa's economic development, and also of all the numerous structural adjustments that it had been putting in over the past few decades. Finally, among the recommended assessments, is the review of all the various political lessons that are contained in the very impressive performance of South East Asia over the past thirty years, and the Asian economic crisis, and the various lessons to be leant from that particular crisis too. The truth is that the globalization of the world economy has become one of the most important factors that affect the present environment of economic development. (Strengthening Africa's participation in the Global Economy)

Globalization offers quite a few poorer countries all over the world an opportunity and a good chance to accelerate and speed up their economic growth and development, and also at the same time, to take up quite a few challenges for the economic management of their countries and its economy. The main and primary indicators of the globalization of a country and its success are the factors of international trade, capital flows, and foreign direct investment. If and when the rate of the growth of each of these factors is found to be faster than the growth of the overall growth output of the world, then it could be taken as being a success. The hitch herein is the fact that the risks that arise must be managed extremely well, so that the rate of growth does not slow down in any way, and this invariably means that the nature of the various forces that drive the global economy, and the presence of any of these factors in the African economy must be studied well before any sort of analysis can be drawn. There are, in fact, a whole lot of factors that inevitable drive forward the economy of a nation, and these are: the rapid advances in transportation and communication that have inevitably resulted in the decrease in the costs of moving around the goods and the money and the people needed to conduct the business.

The second factor is that of the fact that globalization immediately brings to mind the expanding geographic aspect of the business, and the third factor is that there is an increased extent of the integration of markets of goods and services and other business activities all across the globe, and this also means that the fact of production is also extended across all borders, and this means that it would cross all national borders and contribute to international integration to a certain extent. Fourth, it is concerned with a certain high degree of uniformity of policy where institutional environments that set the rules for the basic integration and interaction between and of national economies are concerned. The very interaction of all the factors has led to the fact that there is an exaggerated and an accentuated tendency of the global world economy to integrate with other economies. It seems to be a realistic idea to assume that in spite off all the initial turbulence to the contrary, this particular trend of integration and interaction would continue over the neat few decades. (Strengthening Africa's participation in the Global Economy)

As far as the issue of health is concerned, where is Africa headed and how is the factor of health important in solving at least a part of the current crisis that Africa is undergoing at the present time? Many young Africans today share the worldview that their country must be improved and the economic growth of Africa in the long-term, and a better future for all Africans of tomorrow must be developed and sustained over the next few years. The fact is that the problems that all Africans are faced with are so very manifold and numerous that this in itself is an extremely complex issue that must be studied and explored fully before any type of conclusions can be drawn. The preferred future, according to the 14 authors of the book entitled 'Brighter Visions for Africa', is, as unanimously agreed upon by all the authors, is that of a free and a prosperous Africa in the future. This can be achieved, according to the various authors, by combining and effectively blending global as well as certain local approaches to the problems, and also combining all the modern and traditional values of the present generation, and then going about the attempt to solve the various problems facing African economy and youth today. (Brighter Visions for Africa)

The first and the most important step to take, according to the authors, is to quit laying the blame for anything that had happened in Africa over the past centuries on the Western parts of the world, and on the factor of colonialism and always playing and assuming the role of the victim, and that of the oppressed, since all the above would only be extremely counter productive and also totally disempowering; if, on thee other hand, Africans were to show more spirit of independence and demonstrate a free will and spirit, then a large part of the problem would be solved. This would mean that the problems of economic incompetence and political suppression that Africa had been facing would be at least solved to a partial extent. A low attainment of health and education is also one of the main causes for the weakness and the lack of development being demonstrated by Africa, and if these too were to be faced and resolved to some extent, then Africa would be able to begin its progress towards a better future very soon. (Brighter Visions for Africa)

The fact is that underdevelopment in Africa is nothing new; it has been in existence from time immemorial, from the eighteenth century at the latest. In fact, all the Union Nations Member States have all pledged that extreme hunger and poverty that exist in Africa must be eradicated, and that women would be educated, and that at least primary education on a universal level would be achieved, and that there would be gender equality, and also that child mortality rates would be improved, and that maternal health would be improved to a large extent, and also that diseases such as malaria, AIDS, and other diseases would be treated and ultimately prevented in an effective manner by the end of the year 2015. In addition, environmental sustainability would also be achieved, they pledged, and this would mean that Africa would be eligible to participate in matters of global interest and diversity. Development would be speeded up, and Africa would be able to progress both economically and politically to a certain extent. Though the huge debt burden that Africa faces at the present time may prompt some individuals to state that these are all extremely lofty and highly unachievable ideals, it may be worth a serious attempt in order to help the African continent from extreme poverty and… [END OF PREVIEW]

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