The Process Of Globalization In Africa

The globalization is a major character and trend of the economic development in the world today. It has been a natural product of human social productivity and human social and historical development. Africa, especially sub-Saharan Africa, is the continent that has most lost out from the accelerated pace of globalization in the last few decades. Africa history is intrinsically relevant to the current situation and therefore deserves more than frivolous attention. It is impossible for African countries to herald a new era of good democratic governance and economic prosperity in the near future, given its long-term suffering from colonial rule. The impact of globalization after the Cold War has pushed Africa to the edge in the international political and economic life. To understand the disadvantages and challenges that economic globalization has brought to Africa does not mean to recognize the"unhooked"ideology in the"Theory of Dependence"by Samil Amin. For African countries, the economic globalization is not only a historical chance, but also a grave challenge. However, the economical globalization has provided many advantageous for African countries'political reform and economic development. It helps African countries introduce foreign capital, advanced technology and equipment as well as management experience, adjust their industures, take an active part in the international trades, develop transnational corporations, and set up an international new order. The inherent contradiction of the economic globalization have repellence to the African countries. The economic globalization is not only attacking the African countries'democratized advancement, but also threatening the African countries'security and stability. Unfair and unreasonable international economic sequence lead to unsymmetrical relation between the South and the North; the backward information industry,the single-product economic structure,the low management capability and fragile financial market are the main barriers for them to participate in the economic globalization. Looking at Africa as a whole, it is rather difficult for Africa to make use of acquired advantages to catch up with and surpass. For African countries, economic globalization means more disadvantages than advantages. At present, The African countries have already adopted domestic and international strategies to respond to the challenges and to shun disadvantages to the greatest extent in order to strive for a more beneficial international status for herself during the process of globalization.