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re: Why Is Africa Continent Still Full Of “Developing Countries “?

Posted on 1/10/19 at 8:56 pm to
Posted by CptBengal
BR Baby
Member since Dec 2007
71661 posts
Posted on 1/10/19 at 8:56 pm to
quote:

What stalls The continents progress?


Honestly?

the World bank and IMF, among individual nations, provide money to corrupt dictators for the right to extract minerals at bare bottom prices and allow them to do their murder/genocide/rape to keep the party going.

Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 1/10/19 at 9:00 pm to
quote:

the World bank and IMF, among individual nations, provide money to corrupt dictators for the right to extract minerals at bare bottom prices
Posted by crazy4lsu
Member since May 2005
36571 posts
Posted on 1/10/19 at 9:07 pm to
quote:

the World bank and IMF, among individual nations, provide money to corrupt dictators for the right to extract minerals at bare bottom prices and allow them to do their murder/genocide/rape to keep the party going.




Exactly. That accounts for a bunch of countries with poor development indicators, like Equatorial Guinea, which has a high per capita GDP but high poverty. The problem of predatory elite exists in many African countries. Other countries, like Botswana, which has good rates of growth and protection for minorities, suffers from an AIDS crisis which affects 25% of their population. The other reasons for slow rates of growth are domestic unrest, armed conflict both foreign and domestic, and inability to assure outside investors of their continued stability.

Africa is an incredibly large landmass. If we remove the Sahara Desert, an area as larger than the contiguous United States, we are still looking at 22 million square kilometers. The size of the landmass makes it difficult to talk about the continent as a whole, as different regions have different rates of development, as well as different issues, but most countries with poor development indicators suffer the issues mentioned above and by Bengal.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425883 posts
Posted on 1/11/19 at 7:24 am to
quote:

the World bank and IMF, among individual nations, provide money to corrupt dictators for the right to extract minerals at bare bottom prices and allow them to do their murder/genocide/rape to keep the party going.

he's not wrong
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