Tag: news
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The Principle of Political Equality in Environmental Justice
Environmental Justice is ensuring a quality of life for all regardless of race, ethnicity or social class, and leaving enough natural resources for future generations. Everyone should have a safe and healthy place to live, work, and play, irrespective of the country they live in. Environmental injustice occurs on a global scale. The Global South…
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Africa’s Path to Economic Independence
After half a century of decolonization, Africa remains mostly dependent on its former colonial powers for economic sustenance and assistance. Political independence has yet to materialize into economic independence. Dr. Kwame Nkrumah famously once declared “Africa must unite or perish.” History has shown what he said many decades ago to be true. He believed that…
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The Impact of Elite Rule on Africa’s Development
Many of Africa’s intractable political and economic shortcomings could be seen as the incapability of the people of ruling themselves. Some have posited that the colonial powers opted out of the continent prematurely. In this politically correct age, such views are seldom spoken openly by either foes or friends of Africa. Conversely, it would be…
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Addressing Africa’s Brain Drain: Solutions and Challenges
The exodus of skilled professionals and researchers from the continent of Africa to Western countries for better paying jobs is becoming a major political and economic issue. A recent report released by the Pollution Research Group in South Africa shows that “brain drain” is costing the continent $4 billion annually. Brain drain has also nurtured…
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Reforming the African Union: Steps Toward Relevance
The African Union was formed with the intended purpose of promoting peace, security and consolidating democracy on the continent. In other words, the purpose of the AU is to help secure Africa’s burgeoning democracy, human rights and a sustainable economy. It is an intergovernmental organization consisting of fifty-three African nations. The formation of the African…
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China’s Economic Partnership with Africa: Opportunities and Challenges
There is an ongoing battle in Africa for a share of the continent’s lucrative and enticing economic opportunities. Emerging economic powers such as Brazil, Russia, India and China are making their case for a share of Africa’s vast and rich natural resources. One of these emerging global powers is China, which has doubled its investment…
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Critique of World Bank and IMF: Effects on Global South Economies
The World Bank and the International Monetary Fund (IMF) were created by leaders of the 44 nations of the Bretton Woods conference. The World Bank was responsible for financing long-term productive investment in member countries while the IMF was to provide loans to overcome short-term balance of payment deficits. The leaders feared an unregulated global…
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Africa’s Economic Future: Investment Trends and Strategic Alliances
More than a century after the Berlin Conference when Africa was carved up by major European powers, it appears a new scramble for the continent is underway-this time for a share of the continent’s enticing economic opportunities. Investment interest in Africa is at an all time high, global business leaders are discussing how the continent…
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Africa’s Oil Wealth: Good Governance and Development Challenges
In Africa’s oil producing countries, only a tiny fraction of the revenue is used to fight poverty, and in many cases “black gold” has become a hurdle to development. Oil in Africa lies at the center of questions of good governance and development, as oil prices and revenues soar but fail to bring better living…
Global Politics Today 