Archive for December, 2009
President Obama Africa Needs Democracy and Development not Guns and Weapons
Tuesday, December 22, 2009 8:56 No CommentsThe US is undoubtedly the biggest arms exporter to Africa contributing to about 50% of all arms to the continent. It is under statement to say that arms exports to Africa, political instabilities, wars, economic underachievement and poverty are intractably linked and that African countries will be unable to achieve any economic development unless they [...]
Africa Economy Landscape
Saturday, December 19, 2009 9:01 No CommentsAfrica Economy Landscape
Introduction:
Measuring economic development is a difficult process. Existing attempts to assess national development are still suffering from conceptual and measurement challenges. This has led to a literature that is, in general, excessively focused on economic development without connection to the capabilities of those institutions to expedite economic development of citizens. (Holmes and Gutiérrez [...]
Breaking the Poverty Cycle in Africa-the Case of Infrastructure Investment
Wednesday, December 16, 2009 8:55 No CommentsInfrastructure investment and democracy as a form of government in Africa is the only solution to Africa’s underdevelopment and impoverishment. The continent is lagging behind all the continents in the world in terms of economic and social development. All the countries making up the African continent have similar economic problems namely unemployment, higher deficits, poor [...]