Not only does Africa remain impoverished by poverty, the continent has suffered more Civil wars and bloody conflict in the past 50 years than any other region in the world. The continent has been grossly marginalized as its economies remain uncompetitive in the global economic system. Some may argue that colonialism halted or punctuated the development of Africas productive forces thereby retarding the development of the entrepreneurial class hence, the post-colonial states inherited week and dysfunctional economies. Today,the week, soft and fragile state inherited by African leaders have arguably become a major limitation to the development of the continent. The African case becomes more worrisome in that whereas former colonies of Asia and Latin America have gradually been able to rise above the colonial experience, Africa remains static
Posted on: Sat, 18 Jan 2014 17:08:36 +0000
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