Topic: Better Days ahead for the economy of developing countries in Africa - page 2. (Read 564 times)

Let's be honest about, 1 in a million will think he's a role model while a hundred times more will look at athletes, singers, Instagram influencers. While the biggest part of your population is facing poverty most of them dream of a quick escape from it, making lots of money and that's all, unfortunately, poverty doesn't always make people want to help others once there are better off, a lot of them will turn worse than they were.
Besides, they know those places are limited, it's like all the children dreaming of being an astronaut.

And one thing people should understand, there is no way to make everyone happy!
If the WTO tries to change some of the trade agreements, those will be equal for everyone in this world, they will not only be in the advantage of Africa, some changes might be good for countries like Nigeria while at the same time hit Sudan, some might benefit agriculture in Egypt but at the same time crush exports in South Africa.


Well, we could make an idea of how things will go exactly because of the things you mentioned, She was finance minister in Nigeria for e and then 4 years...
Some people from there can tell us how good or bad she was at it behind words and projects, how it feels for the average Joe.

There is a lot more for Africa to recover from compared to just money. The sad part about Africa (and not just Nigeria, I mean all of Africa) is that you can spend 10 trillion dollars tomorrow and you are not going to suddenly make it like Europe, you can spend 100 trillion or even more and you won't have that, what they need is not sudden influx of money but more about building from what they have into something much bigger over long period of time and not just financially neither.

It is a continent ridden with dictators in the past (and maybe even today) that has been struck by a lot of trouble environmentally as well with drought as well, so it is going to take a loooong time before they can recover, you can have president of everything be African and it will still take decades of carefully planned improvement in the region to get it to a higher standard of living.

Well, that is unpredictable.
Regardless of gender, -- race nor religion, it will still depend on the individual on his or her capabilities to perform the duties for the position. We will still know how good or bad she is based on the outcome of her actions after a few months leading the WTO but we should not judge her right away just because of her race and where she came from. Though she came from one of the poorest countries that don't mean that she is incapable to hold the position for there are some people who excel because they are able to surpass all the hardships that they went through and be recognized as a prize. But I am also looking forward that African countries will get a big leap with their economy in the years to come. Cheers for Ngozi Okonjo-Iweala.

^ We cannot presume that it will be better days for African countries for economic development doesn't rely only on the hand of a single person but it is so unjust to belittle someone just because of her ethnicity or gender we don't even know her capabilities yet until she started working besides I believe that she had shown excellence in her field prior of becoming part of the list on the choices who will take the position as the new WTO leader. It will be fair if we will give her a chance by supporting her because I know the mere fact that she was appointed she has already shown most of the people in the trading world for her exemplary actions in the past.

I don't think this is some wild breakthrough and a significant milestone-but rather another political move to collect more positive feedback from all the "right" people.
The head of the WTO = / = is the only one who makes decisions in the organization and not even the one on whom decision-making depends. Any such posts are just a place for a talking head and nothing more.
What is her education? Harvard Magna cum laude and Ph. D. in regional Economics at MIT. What does it mean? That this is another product of American education and the American economy.
I understand if she was with diplomas exclusively from her country / continent and with them reached the positions where she was and is now but no. This is another American woman with a high-quality education who "made herself" and nothing more.
I do not detract from the merits of Ms. Ngozi, but the key to her positions is her education - and education is not only knowledge/skills, but also the way of thinking of the educational environment. She's American and not "niharika" or "African".

And as for the" market opportunities and prospects " of Africa-while you are talking about what opportunities there may be, the world has already lost to China in this regard.
The " white world "(Europe + USA) had the opportunity to develop Africa into a normal continent, but then it was called "apartheid" and said that all attempts were just oppression and mockery.

Africa will go to China - just look at how much money they pour into it.

It may be an individual accomplishment for Ngozi Okonjo-Iweala, but I don't think it will benefit the Africans in a big way. I am not just talking about the WTO. Africans as heads for global organizations have historically failed to bring positive changes to the continent. I would even say that non-African heads have done more to the continent, when compared to individuals of African origin.

It is good news for the African community, but in reality I also don't know if she will have vital impact in lifting the economy of her region. Her position is not powerful to make a radical change for her countrymen. But maybe, she will give inspiration to others to do good in their chosen career. Can she make a dent in African history that will change the status of most her fellowmen?

A better day for the economies of developing countries in Africa will help to improve the economy of Africa. Used for underdeveloped countries and used for economic growth Many steps should be taken for the economic growth of underdeveloped countries in developed countries. There are also some other social and religious practices that are increasing day by day in the economic development of the country which includes many countries in Asia, Latin America and Africa. With the help of these countries Africa is developing day by day.

Such a system as democracy was created by previous generations to choose politicians whose professional duty is to solve all problems and save sins and protect the population You can engage in beautiful chatter as much as you want but if you are engaged in the creation of structures parallel to the state, then this will not lead to anything good in the end. Amateur is a great thing but professionals should do it better because it is their job.

Many are still holding their breath, waiting for politicians to fix all their problems, deliver them from their sins and save them. The harsh reality is, many politicians don't care about those they represent or serving the public good. They only care about money.

Real and lasting positive change seldom comes from the top. It has to come from the bottom, at a grassroots level. From the average and the poor. They can learn to communicate, educate themselves and work together. This gives them real collective bargaining and leverage. Which they can utilize to improve circumstances and elevate their standard of living.

Her position is indeed quite powerless, the WTO supervises trade, they can act only when agreements are breached they have little to now saying when a new trade is singed as long as it matches previous agreements. Furthermore at this point international trade with fewer boundaries, fewer taxes are not really helping emerging economies, a lot of African countries would fare far better with a bit of protectionism, they have no way right now to compete in industrial manufacturing with either cheap imports from Asia or highly specialized equipment manufactured in the western world.
Pretty weird situation but in order for her to do something good for Africa she would have to go against what WTO stans for, which is not likely.


Yeah, no positive impact but look at the shitstorm that's happening right now because of his nomination.
In the event of Trump being elected expect the same for her once the trade war deepens.

It is true that the appointment of Mrs Ngozi Okonjo-Iweala as the Director-General of the World Trade Organization will help shift the gaze of world to Africa telling them that there are bright and qualified Nigerians and Africans at large who can hold important offices across the globe. I, however, think that only little can be done by her office in the African Continent to help improve the economy of the African countries simply because the WTO is an international body and not only for Africa.
One should not forget that the major problem of African countries is bad leadership and corruption. It is only until these two are dealt with can Africa countries have any major breakthroughs economically. There is very little the DG of WTO can do about this.

She has been awesome in many international economic positions so far in her life and she really did manage to look like a powerhouse economist in the global stage for the past 2 decades as well so it is totally understandable that she would be picked as well.

When there is a good candidate for a role and everyone listens to whatever comes out of their mouth, you know you have to pick them, no matter their nationality, no matter their race, no matter their gender because if you decide to ignore that, this is not politics this is business and your emotional attachment would make you lose money. Hence, I believe she is the right candidate and WTO will be happy with this selection, she will lead them to a lot more productive negotiations and will try to of course help Africa as well as much as she can.

Congrats to her and the whole African countries, indeed this is a landmark as she is the first African born to lead this very highly respective position.

Let's hope that she will hold her ground because her position is highly influential and in a sense she should open up more opportunities for African market and put some lax regulations so that at least it's time for Africa to really bounce back from years of corruption and degeneration.

The corruption is already in their culture and it is the reason why most of the countries in the African continent are suffering into poverty but there is a good thing because Miss Ngozi became the first woman to head the WTO which is considered as good and development. The global trade is now being hold by a woman for the first time in African history, I think there will be good impact for those African countries that keep experiencing poverty. But still as a individual person, we still have a responsibility especially if we want to give a good and better future for the next generation. Miss Ngozi has skills and high intelligence to operate and sit into the position, for sure a lot of countries there are now celebrating even though it is just the beginning of the better days of the African countries.

That’s good, if this can create opportunities and help Nigeria and other developing countries in Africa, then I’d love to see it. That apart, the case of corrupt officials is a serious issue that I think they have to tackle. They might be getting better opportunities, but having corrupt officials will still hinder their progress. Believe me, whenever there are good things coming into the country, their corrupt leaders, due to their own selfish needs will be blocking those progress from coming into the country.

So, it’s best that they first take down these bad leaders any way they can to pave way for better leaders who will do better things. Having good leaders matters a lot in the progress of any country.

Africa who has been known of its low economy which resulted into a very poor continent should still be given a chance to prove to other continents that they can still be able to survive despite of the negative issues about them. And this is the best time to bring and introduce Africa that they can still make positive changes through the leadership of a Nigerian representative. This woman might bring positive impacts to Africa now that she's in control with the possible changes in their country.

Yup It doesn't help. Having someone as Director-general of the WTO isn't going to really make a difference. This continent needs more than that, it needs a total makeover.
The country had been corrupted for decades, there isn't unity to all of them despite having each country have its own government.  


If she figures how much China had helped them building infrastructures for the country, she knows how to take part by no choosing which side. But to be friends to both US and China

Trade to my knowledge isn't all about development. You need to have the right kind of system built under strong structures for things to work properly. So if she is at the top, she can only do the little she can in suggestion and nothing to it again.

I hope so, but the United Nations organizations will not change the reality of Africa, as they need political will and military strength to force some of the leaders of those countries who came with military coups to return to the referendum of the masses, national reconciliation and other things.
Even these people will have no influence because they are part of a system.