Amazon

The much sought after foreign direct investment is more about political control of the developing world than economics. Playing with fire is an apt description of the risk that the developing countries take in inviting foreign investments. This is not to say that FDI should be barred by Africa, but it is to underscore the point that policy-makers must be wary of the ghosts lurking behind its mask.

John Rapley

A review of ‘Twilight of the Money Gods: Economics as a religion and how it all went wrong’ by John Rapley. London; New York; Sydney; Toronto; New Delhi:  Simon and Schuster. 2017.

The Source

I have argued consistently for many years that trade is war contrary to Kamidza’s view that it is benign and developmental.  I do not believe there is any “developmental” potential in EU’s aid or trade policy towards Africa. Indeed, I contend that all development is resistance against imperialism.

SS

Communal land under control of traditional leaders, chiefs and kings, rather than individual owners, is one of the biggest obstacles to development, industrialization and economic growth in Africa.

Sky Scraper City

One of the attributes of a middle income country is a rising middle class seeking the comforts of life, while the poor mass up at the fringes picking up crumbs from the table of the well to do. Ghana today is a place of unaffordable high-rise buildings, expensive restaurants, increase in domestic flights, expensive private schools - and unending political bigotry that could lead to the country’s implosion.

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