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"Understanding Africa socio-economic emergencies in face of rising foreign aid and the structural political alternative".
Modern Research Studies (2015)
  • Ibrahim Babatunde Anoba
Abstract
The continent of Africa is the most resourcefully blessed with both vast natural and human resources in abundance but the natural advantages have not equitably transformed into development as the continent has suffered socio-economic uncertainties. In the wake of alleviating from the depressing situation, Africa since 1985 has had billions of dollars in development aids and Africa pay over $20 billion dollars annually in servicing. Unfortunately, the billions in aids have not make its socio-economy better in comparison to what it experienced during the 1970s. With political and socio-economic emergencies rampaging in the continent, the potentials of another series of development related issue is looming ahead and Africa cannot afford to put itself in another debt pit when it is still struggling in another. This work attempts to present the socio-economic emergencies in Africa, making an account of the failure of foreign aid in Africa and proffer political structural alternatives.
Publication Date
September 15, 2015
Citation Information
Ibrahim Babatunde Anoba. ""Understanding Africa socio-economic emergencies in face of rising foreign aid and the structural political alternative"." Modern Research Studies Vol. 2 Iss. 3 (2015)
Available at: http://works.bepress.com/ibrahim_anobababatunde/2/