Analysis On The Repercussions Of Globalization On African Countries Economic Development

The term globalization captures the attention of everyone and especially economicdevelopment researchers. Despite the prior prosperity promises of globalization and thebenefits of an information accessing society, the afterwards benefits have not been universaland global inequality has increased instead. Globalization has widened the gap between richand poor countries in its relentless progression. Although the idea of globalization hadgradually been developed since the Second World War, its impact gained momentum in theearly1990s. The African continent has not been spared from the implications of thisphenomenon. However, many have ills undermined the development of African countries forcenturies until the new era of globalization such as insufficient or no increase in informationtechnology and communication and adequate infrastructure, political conflicts, ethnic andsocial.The purpose of this study is to examine the progressive position of Africa in theglobal economy. In order to achieve this objective we had chosen research methodologyusing analyses of several representative African government agenda and several economicpapers on the situation in and about Africa.According to the main question that is directing this dissertation, this work consists of threeparts embodying thirteen (13) chapters.In chapter1, I analyze the background of the study, the statement and objectives/significance of the problem, the methodology of the study.Chapter2focuses on the literature review especially books and thesis related to this issueand structure of the study.Chapter3provides the analytical framework of the research. Specifcally, I examine thescope, ideological underpinnings and the dimensions and dynamics of the new globalization.Chapter4I analyze the economic and globalization in Africa focusing on the integrationdefinition of globalization, the structural adjustment and liberalization in Africa, themarginalization of Africa.In chapter5, I tackle the issue of the debilitating debt crisis in Africa.Chapter6analyzes the socialist economy market in China and Globalization. Thischapter focuses lastly on the influence of China in Africa.Chapter7focuses on the vexatious issue of human rights. I probe the travails of humanrights in the continent using the African Charter on Human and Peoples-Rights and variousinternational human rights regimes as the evaluative frameworks.In chapter8, I examine the roles and relationships between the state in Africa andnon-governmental organizations in the critical area of development.In chapter9, I probe the challenges being posed by globalization to state sovereignty inAfrica.Chapter10focuses on the state of the environment in Africa. I begin with the argumentthat the genesis of environmental degradation in Africa can be traced to colonial exploitationand plunder.In chapter11, I address the frontier social issue of HIV/AIDS. My central argument is that due to the uneven benefts of globalization, some aspects of globalization have facilitatedthe spread of HIV/AIDS in Africa and complicated the continent’s ability to address thepandemic.Chapter12focuses in this chapter the e-commerce innovation-mediated industrialproduction, the strategies for a technological leap in information and communication andtechnology (ICT) for Africa.In chapter13, I attempt to draw the lessons from the impact of the new globalization onAfrica, and to map out a general trajectory designed to help Africa develop the requisiteinstitutions, rules, processes and policies to address the effects of the phenomenon.The research was limited due to the lack of the recent information and available data.According to this research, the losses could be higher for African countries or lessdepending on its approach. Thus, I recommend strongly some interlinked approaches:(1)African governments policies should be designed systematically so as to balancebetween its current low economic status, its political teething problems and the pressure tocatch up and fit into the inevitable globalization trends.(2) The neo-colonial state in Africa such as France, UK, etc. needs to be deconstructed,rethought and democratically reconstituted, so that it can play an effective role as an advocate,defender and provider for the majority of the peoples of the continent.(3)African states need to formulate and implement effective modalities that wouldpromote substantive integration at the regional and sub-regional levels.(4) It is not too late for African leaders to reorder their priorities, rediscover their valuesin this era of globalization. The implementation of those recommendations would minimizethe economic marginalization of Africa in global economy and increase the utilization of itsraw materials and human resources.