Abstract
The economic situation in contemporary Africa is highly problematic, creating populations that are in general much discontented with matters as they now stand. Africa's populations are now assailed by negative phenomena such as high unemployment; low wages in an environment of high prices (Third World wages and First World prices); low capital accumulation; banks that cater to expatriates of the wealthy mainly; human capital flight; political instability; questionable democracy; weak and inefficient infrastructures, all now supervised by the IMF and the World Bank.
| Original language | English |
|---|---|
| Pages (from-to) | 197-219 |
| Number of pages | 23 |
| Journal | Africa Development/Afrique et Developpement |
| Volume | 37 |
| Issue number | 4 |
| Publication status | Published - 2012 |
| Externally published | Yes |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 1 No Poverty -
SDG 8 Decent Work and Economic Growth -
SDG 17 Partnerships for the Goals
ASJC Scopus subject areas
- Development
- Sociology and Political Science
- Political Science and International Relations
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