Sub-Saharan Africa "Working together" INTRODUCTION The social and economic distortions that have stifled, so far, all development attempts in sub-Saharan countries have been a matter of concern over the years. The mere fact of their persistence, in spite of the attempts made, cannot be ignored. And when the stakes are as high as the ambition to alleviate poverty and setting … [Read more...] about Legislation and litigation to rescue the development process
Latin America
Sub-Saharan Africa on the Sidelines, A false economic dawn?
After the collapse of the Mobutu regime Zaire, now renamed the Democratic Republic of Congo, has been left stripped of resources, in spite of the mineral wealth being eyed covetously by foreign investors. Elsewhere, the International Monetary Fund's figures point to a significant improvement in sub-Saharan Africa. However, imposing structural adjustment, privatisation and … [Read more...] about Sub-Saharan Africa on the Sidelines, A false economic dawn?
CAPITALISM IN CRISIS
Marxist economics made the withering away of the state its ultimate goal. However, it is the unabated liberalisation of the world economy, which is translating the old socialist dream into a disquieting reality. It needed the combination of three ingredients to make this twist of history possible. First, there was Nixon's decision in 1972-73 to end the dollar-gold link, which … [Read more...] about CAPITALISM IN CRISIS
Senegal: Contrasting achievements in political and economic changes
FROM THE LATE seventies to the present, Senegal has been going through a major political and economic change designed to generate economic growth and development. An appraisal of the results generated by these changes would show a picture of contrasting achievements. On the political front, the agreement between the government and two opposition parties to form a coalition … [Read more...] about Senegal: Contrasting achievements in political and economic changes