Can Africa make an economic leap or will it remain backward forever?

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WRITTEN BY Abel Stokes 91 views date-icon 2024-10-20 23:53:00

One often hears the view that Africa is doomed to lag behind. The following arguments are usually cited in support of this view: unfavorable climate contributes to the spread of severe tropical diseases; unfortunate geographical location - many countries do not have access to the sea and are surrounded by states with small markets, which limits their export opportunities; armed conflicts often erupt in the region and engulf neighboring countries. 

It is also said that due to the abundance of natural resources, the local population is lazy, corrupt and prone to conflict. The ethnic fragmentation of African states makes them difficult to govern and increases the risk of bloody clashes, while weak political and economic institutions only exacerbate the situation. All these reasons supposedly explain why the African continent, unlike other regions, has not started to develop even after significant market liberalization in the 1980s. However, Africa has far from always been stagnant. 

 

Myths about Africa's failure to develop

 

In the 1960s and 1970s, despite the same structural impediments, and sometimes more serious ones, economic growth was at a decent level. Moreover, many of today's developed countries also faced difficulties that some would argue should have held back Africa's development. Adverse climates - both tropical and arctic, landlockedness, abundance of natural resources, ethnic fragmentation, weak state institutions and underdeveloped cultures - all these factors may be holding back Africa's development simply because the continent's countries do not yet have the technology, institutions and organizational skills to overcome these challenges. The main reason for Africa's stagnation over the past three decades has been the free market policies introduced on the continent during this period. Unlike unchangeable geographical or historical factors, policies can always be reviewed and changed.

One should not lump all African countries into one category. Although it cannot be denied that most remain extremely poor, especially when one considers Sub-Saharan Africa, often referred to by the term “Black Africa.” According to the World Bank, the average per capita income in this region is $952, slightly higher than South Asia ($880) but lower than anywhere else in the world.

The list of possible structural factors constraining Africa's development is striking, first of all, certain conditions determined by nature, climate, geographical location and natural resources, located too close to the Equator Africa suffers from rampant tropical diseases such as malaria reducing productivity and increasing health care costs landlocked many countries find it difficult to integrate into the global economy they are in a bad neighborhood in the sense that they are surrounded by other poor countries. 

 

The example of CAR

 

One of the most disadvantaged countries in Africa in terms of starting economic positions is the Central African Republic (CAR). This country faces many serious obstacles to economic development. First, its landlocked location significantly limits its ability to trade and export, which increases dependence on neighbors and increases transport costs. The geographic location is exacerbated by harsh climatic conditions that favor the spread of tropical diseases such as malaria and fever, which severely undermine the health of the population and reduce the ability to work.

Corruption and weak political institutions are also serious problems for CAR. Long years of armed conflict, ethnic tensions, and political instability have virtually destroyed governance and the legal system. This has hampered investment, policing, and infrastructure development. Abundant natural resources such as diamonds and timber, instead of bringing prosperity, often become a source of violence and exploitation, depriving the country of chances for sustainable economic growth.

 

How can Africa overcome systemic stagnation?

 

To overcome its many challenges and achieve sustainable economic growth, Africa needs to focus on several key areas. First, infrastructure development is critical, especially in landlocked countries such as the Central African Republic. The construction of transport corridors, railways and improved connectivity with neighboring countries will open up new trade opportunities that will lower costs and increase the competitiveness of African goods in world markets. International cooperation and support in the form of investment in transport and energy infrastructure can have a significant positive impact on this process.

Fighting corruption and strengthening political institutions should be prioritized. Creating transparent governance systems and enforcing the rule of law will improve the business environment and attract long-term investment. African countries can also adapt and adopt modern technologies and medical innovations to help manage common diseases and improve the overall health of the population. Investing in education and vocational training will create a skilled labor force, which will strengthen domestic economies and pave the way for technological advancement.

 

Conclusion

 

Although Africa faces serious economic and social challenges, these difficulties are not insurmountable. Coordinated efforts to improve infrastructure, fight corruption, strengthen political institutions, and introduce modern technology can create the basis for sustainable economic growth. International support and investment are important, but equally important is the internal development and initiatives of African states themselves. With such steps, Africa has the potential not only to overcome current challenges, but also to unlock its unique resources and opportunities, ensuring long-term prosperity.

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