Globalisation in Africa. Reverese Robin Hoodism

Globalisation in Africa. Reverese Robin Hoodism

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Globalisation is often conceptualised as a triumphant juggernaut, a massive inexorable force transforming economies, politics and culture, and inevitably vanquishing endemic poverty in poor countries. This is in line with what modernisation theorists envisaged in the 1950s and 1960s. Unfortunately, globalisation just like modernisation has failed Africa. Globalisation has intensified poverty and underdevelopment and the consequences are reflected in the huge debt burden of most Third World countries. Globalisation and Africa: Reverse Robin Hoodism calls for a new international economic order in which Africa and other Third World countries will participate as interdependent entities, and by so doing end the symmetric relationship in which the wealthy countries enjoy huge advantages - financial, economic, and others, over poor countries.PEP status, he was able to maintain 30 accounts for the Falcon family. ... and Shanghai Banking Corporation in New York (HSBC), using HSBC wire transfer services, foreign currency exchange, and US dollar credit cards for BAI clients. HSBCanbsp;...

Title:Globalisation in Africa. Reverese Robin Hoodism
Author: Daniel A. Offiong
Publisher:African Books Collective - 2013

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