Thursday 7 November 2013

AFRICANS AWAKE!

Both the critics of African governance and the critics of Western violence and meddling have it wrong. Politics, at the end of the day, simply cannot explain Africa's prolonged economic crisis. The claim that Africa's corruption is the basic source of the problem does not withstand practical experience or serious scrutiny. During the past decade, relatively well-governed countries in Africa failed to prosper, whereas societies in Asia perceived to have extensive corruption enjoyed rapid economic growth.we see that African countries lag behind in economic growth even when they are perceived to be less corrupt than their Asian counterparts. By formal statistical tests, Africa's per capita economic growth is significantly lower,by around 3% points per year, than in other developing countries with comparable levels of corruption and income.

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