Topic: Does a place called Africa really Exist in the world Economy (Read 520 times)

You are right. Only the irresponsible leaders are taking the advantage of its own country, while leaving the citizens in suffering from extreme poverty and illness. This should not be what it’s supposed to be. Africa is a great continent where the origin of mankind is predicted. Hence, this place deserves more to be preserved and should gain intensive care from its leaders.

While it’s economy is vividly bad, but that’s because of those incompetent leaders that people chose to put them in their positions. But if only Africa will be manage by great men, I believe this will become even more competitive to the rest of the progressive continents or countries.

there is some certain things that is not what for argument and also for public discussion, obvious that we have nine continent and the Africa is Among one of the nine continent, and in Africa we have different countries which is in Africa and the each of the country have their own way of governance so you cannot generalize the Africa economy to be one even in other continent in the midst of their countries they also have different country economy and it does not mean that when one particular country economy is bad in one continent that means all country that fall into that continent are all bad... I don't want a situation whereby we use such phrase to generalize all the countries that fall into one continent.

In Africa each of the country have the way of their own economy both monitoring their economy and also uplifting their economy so it is individual race based on the country management and the political class of that country that we determine the good affair of the country so let us not dragging or bringing all that the fall into one continent to be Bad based on two or three countries in that continent economy is bad. So if We do that it is called a self-centered description.

Whatever it be, be it largest continent or second most populated continent it won't have it's me in economy until and unless corruption is reduced from the continent as it's like a curse which is eating up Africans by making their life hell and miserable. When someone outside of Africa hears about Africa they think of poverty and illness and corruption this is due to the corrupt incompetent leaders.

People of Africa deserves better.

To be honest I think it's a complete mix of situations.
I see people who afford to pay those guys to smuggle them, people who afford a quite expensive trip, and the same time they are absolutely unable to get the basic of all basics jobs done after 6 months of staying in, and even adapting to basic community rules! I mean, common, no joke, at the recruitment office a guy wrote down "your name" when told to complete a document.
Probably there are well off guys that migrate too, but from what I'm seeing with my own eyes, trust me, if that's true I don't want to see the opposite.


Yup, but the blame game is in full swing, and when some are starting to get in their heads that they can cash on playing the victims rather than working, good luck changing that!
It took Eastern Europe 30 years of trying to catch up with the West after 50 years of stupid brainwashing and corruption and we're still not there, how long do you think it will take Africa?


So, the problem was not the US, it wasn't the war, it wasn't the western army bases, it wasn't foreign companies, but something else..
Not going to say who cause I know the hate I'm going to trigger 


Estonia has a GDP per capita of  30,998, still 50% that of the 1st place in Africa, Seychelles which we all know is the exception but also 5 times the one of South Africa and 20 times that of Nigeria and 2.5 that of China. As for Belarus, you're talking about Europe's last dictatorships, common! 

Unfortunately, I belong to a country where there is everything and we can do everything but we are still dependent on others because our government thinks other countries are better than us, and this mentality has made us have less value. It's not the fault of the citizens but the government, if the government starts giving their people better facilities, believes in them and gives them confidence that they can take their country ahead because if other countries can do something, why can't we do it? Then I think the people would contribute or stand with the government.

To have a country prosper or have everything within the country instead of being dependent on other countries for every single thing, the government has to play a vital role and the people will put in their efforts as well.

You are right about what you said but when you look in-depth into it, you will realize that the root of the problem will still be traced back to bad leaders and also corruption. Africa is not the only continent in the world that passed through colonialism, many other countries from other continents also were at some time under the jurisdiction of another nation. And when it was time for them to liberate, they did so and it worked for them and all are now developed countries without any trace of corruption. If Africa want to revive, they need to put in true and just leaders and not selfish ones that are already brainwashed and have the total mindset of corruption instilled in them.


Africa will continue to depend on the European countries if a lasting solution is not found to this their way of life and thinking capability. The skin color of Africa shouldn’t be use to describe Africans as a whole because they’re are other black skinned people that are not from Asia and are well recognized and known from their origin where they reside. Africans might still be suffering from mental colonization because it is very idealistic that that is what is killing the Africans in the Africa nation.

It does exist but it's still being controlled to this day by parties outside through economic and political influences. The West are likely to keep you all divided and disgruntled so they could keep you poor and keep relying on them. They will take advantage of your valuable resources at a cheap price in return.

I don't know how widespread it is but I bet there are citizens that hates China or Russia for building infrastructure there because their previous masters from the West tells them that they are the bad guys.

I guess the answer is very easy, I mean throughout the continent's history, European conquered them, exploited their natural resources and then force each other to fight each other instead of uniting it. And after that, Africa wasn't able to recover, leaders became corrupt themselves, and then the political instability from decades still persists today. So it will take a lot of time to fully recovery from that even though there are a lot of humanitarian efforts being done by the West. All we can do is hope that the leaders one day will wake up cooperate and unite so that they can alleviate the conditions in the continent. Not sure what you mean by the names given to them, again it boils down to colonialization and it's really hard to erase them not just in Africa, but in all other parts of the world that was once under a European or American.

Africa's problems cannot simply be blamed on politicians. While corruption is the main issue, there are many other factors that influence the continent's development.

The enormity of colonialism and internal struggles hindered peace and disrupted stability and economic growth. In Africa, some countries do not have necessary amenities such as roads, electricity and clean drinking water. Therefore, if you want to reform an entire country from scratch, the first step is education. Creating a new capable workforce contributes to changing the face of the entire economy in the same way that China or Japan did in the past.

Africa is a big continent with great countries, yes they may too dependent to other countries but if they will focus more on improving their system, I believe they can also be on a good position. The problem here is the corrupt government official as well, because they can be a great global power too if they wanted too as they also have the resources unfortunately they are being controlled by big countries already and forces them to do trading within that country only with a lower rate, and that makes them a puppet of other nation.

It's fascinating how questioning the existence of a continent can lead to contemplation of its multifaceted impact and interconnectedness with the global economy.  I mean the presence of human populations within a continent, along with their needs and demands, undoubtedly shapes economic dynamics. The circulation of goods, services, and currency within these regions reflects the existence of a functioning economy.

What makes you question the existence of the continent? Think about it this way, without Africa, colonizers wouldn't be as rich as they are right now if Africa wasn't part of their economy which means that yes Africa exist in a world economy. Another reason why it exists is because of common sense, there's a landmass and there's people that lives in that land/continent, if there's people in it then that means that there's a demand for things that they need in order to survive, if there's a need that can be fulfilled by the market then that means there's a circulation of money and products and services and with that circulation, you've got the economy, sometimes you really think that a question is profound in your head but then when you say it out loud, it was actually a shallow question.

This is so true, Africa is a whole continent, it's like saying "Europe is doing fine" when Europe has places like UK and Germany while also having Estonia and Belarus as well, those are not all the same, and so does Africa. There are nations which are growing and there are nations which are getting smaller as well, that's the most important part of this, and I think it would be quite important.

I believe that we could probably see some of the African nations to grow to a size where it's going to be actually a world force. One of the leading candidates so far has been Nigeria, it's a nation that does have a lot of poverty, but it also has a lot of growth as well, rich people are getting richer, just like all other European nations.

The situation in Africa is really bad, they are suffering from extreme poverty.  And the extent of their poverty is so great that they are not even able to provide for their food.  Their country's corruption and corrupt leaders are responsible for this situation.  Leaders in their countries only think about themselves and how to drive around in bulletproof cars.  They only provide security for themselves and their families.  But African leaders should step down from their bulletproof cars and look at the plight of the people.  And trying to reduce the amount of corruption in the country.  Looking at Africans is really confusing.

But it is just me, but I feel like it is not really about 100 years ago, but more regards to geography as well. Look at South Korea, they had one of the most deadliest war in the recent years, divided into literally two countries, and we need to remember that nothing changes and all looks like we are talking about something marginal, the reality is that they recovered and did better.

Africa can definitely recover, given enough investments, South Korea got huge investments from USA, but so did other nations and not all went as high as South Korea did, I think what Africa needs is more chances bottom out, because rich could be rich, but their poor is poorer than most nations, and if they can fix that, they should be doing fine. No nation where they need foreigners to come in and open a well, will ever get rich, no matter how much you try.

You can blame the continent. You’re already speaking on colonization that happened. It left scars that has been passed from generations to generations. But believe it gets better as time goes on (you can’t compare how Africa was back then to where it is today). Adding to that, many African countries are filled with corruption. With so much corruption, what good is all the resource? If other continents have what Africa does, they’ll maximize it. But like I said, based on the historical data, you can’t blame them.

Okay...

Many people I know who left for England were doing well financially in my country. To migrate legally to the UK you should be a middle or rich class in my country. Many of them might not make more money in Europe but they are moving because of better life. European cities are organised and have good health, security, educational and political systems that are far superior to what we experience in developing nations. So they prefer to work their ass out and get a better life than to be wealthy in a disorganized society.

Those who still blame colonialism for the perils of Africa should have a rethink. No doubt Europe still contribute to the underdevelopment of Africa through loans, political interference and systematic corruption but it is Africa that holds the keys to its libration. Religious fanatism, tribalism and corruption are the main bane to Africa's development. The religious and tribal conflicts in Ethiopia, Sudan, Nigeria, etc are clear indications that we need to first love ourselves before clamouring for love from outsiders.

Oh yeah every time there is an example that proves things work, no it's not like that...you need to look at...


And the

So the difference is....

Every time Africa needs somebody to shift the blame on it's something that happened 100 years ago, there was no f Poland 100 years ago, there was no Finland and Japan and South Korea have been nearly leveled by wars, but no, it's because of evil westerners, not because the thing that look back at you in the mirror!
Who butchered 2 million in the Rwanda massacre, who was pulling the trigger, and who was beheading people? Who killed 1 million in the Angola civil war? Yeah, crickets!
The same Africans that have their own co-nationals blood on their hands scream about the west!

2200 will come and there will be the same blame, all the other colonies would have gone from 3rd world to normal civilized countries but the ones in Africa will still scream colonialism!

 

Not a fair comparison... quite disingenuous I would say.

Danish krone is being issued by the Central Bank of Denmark. It's a sovereign currency, despite being semi-pegged (with a slight fluctuation) to the euro.

What does Africa have to do with ERM II?

CFA on the other hand was imposed to several African countries by France:

https://www.reddit.com/r/MapPorn/comments/10etjok/countries_that_use_cfa_franc_a_currency/
https://www.reddit.com/r/Bitcoin/comments/zvlzb4/togolese_human_rights_activist_explains_french/

France lives beyond its means for this reason too... imagine being Macron and trying to communicate this to angry Frenchmen.