African Predicaments & the Method of solving them effectively – A New Book By Dr. Fekadu Bekele

African Predicaments & the Method of solving them effectively Fekadu Bekele 2016, 179 pages ISBN 978-3-8325-4307-5 Price: 39.00 €

African Predicaments & the Method
of solving them effectively
Fekadu Bekele
2016, 179 pages
ISBN 978-3-8325-4307-5
Price: 39.00 €

The author of this book identifies the causes of African predicaments and gives solutions to the complicated challenges the continent faces. Hshows how slavery and colonialism devastated the evolutionary development of the continent. Both slavery and colonialism had destroyed until hitherto existed forms of social organizations and division of labor. After political independence many African governments were pursued to implement free market economic policies. However, the different policies that have been applied for the past six decades could not wipe out the structural crises of the continent. Instead the different policies have deepened the social and the economic crises of the continent. After 50 years of political independence, many African countries are still exporters of raw materials and cash crops. Almost all African countries do not have an integrated market structure that is based on vast division of labor. The market sizes of many African countries are very narrow. To this day many African countries practice the socalled import substitution industrialization which cannot solve the continent’s complex problems. After the author has examined the failure of the economic policies of the past six decades and their negative impacts he proposes that African countries must introduce a holistic program that effectively solves all the challenges that the continent faces. For that they must introduce political and institutional reforms. The author believes that without wide range political and institutional reforms and without changing the mindset of the political and economic elite there cannot be any social and economic progress

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Posted by on August 30, 2016. Filed under COMMENTARY,VIEWS. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

2 Responses to African Predicaments & the Method of solving them effectively – A New Book By Dr. Fekadu Bekele

  1. Abäebe

    September 3, 2016 at 6:16 AM

    once again a very “timely” copy and paste, ideologically heavily loaded piece

  2. Liku

    September 28, 2016 at 6:57 PM

    የባርነትም ሆነ የቅኝ አገዛዝ ጥያቄ ኢትዮጽያን የሚመለከት አይመስለኝም። ምናልባት የመሳፍንት አገዛዝ ..?