Africa Rising: So What? March 27, 2014
Posted by OromianEconomist in Africa Rising, African Poor, Agriculture, Aid to Africa, Colonizing Structure, Comparative Advantage, Corruption, Development, Economics: Development Theory and Policy applications, Food Production, Free development vs authoritarian model, Janjaweed Style Liyu Police of Ethiopia, Land and Water Grabs in Oromia, Nubia, Ogaden, Omo Valley, Oromia, Oromia Support Group Australia, Oromiyaa, Oromo, Self determination, The Colonizing Structure & The Development Problems of Oromia, The Tyranny of Ethiopia, Tweets and Africa, Tyranny, Uncategorized, Youth Unemployment.Tags: African Studies, Developing country, Development, Economic and Social Freedom, Economic growth, Genocide, Governance issues, Human rights violations, Land grabbing, National Self Determination, Oromia, Oromo people, Oromummaa, poverty, Social Sciences, State and Development, Sub-Saharan Africa, Tyranny, United Nations, Universal Declaration of Human Rights, World Bank
add a comment
This study critically discuses the “Africa rising” story and the sub-narratives it carries, including the rise of the African woman, the rise of the African middle class and the power of innovation. The articles included inform that, in too many cases, it is not the wider population but small segments and interested parties, such as the local political elite and foreign investors, who are benefiting from economic growth and resource wealth. Social cohesion, political freedom and environmental protection carry little importance in the comforting world of impressive growth statistics. The glamorous images of Africa’s prominent women and rising middle class produced and re-produced in the media prevent the less attractive and more complex stories about ordinary people’s daily struggles from being heard.
GDP tells us nothing about health of an economy, let alone its sustainability and the overall impact on GDP is simply a measure of market consumption, which has been improperly adopted to assess economic performance. Rebuilding Libya after the civil war has been a blessing for its GDP. But does that mean that Libya is on an enviable growth path? When there is only one brick left in a country devastated by war or other disasters, then just making another brick means doubling the economy (100 percent growth). Another problem is the reliability of GDP statistics in Africa. Economic growth figures for most African countries are incomplete, thus undermining any generalisation about overall economic performance in the continent. Besides statistical problems, there are important structural reasons why one should be suspicious of the ‘Africa rising’ mantra. Most fast- growing Africa economies are heavily dependent on exports of commodities.
Read the full articles @:
Click to access perspectives_feb_2014_web1.pdf
“About 30% of sub-Saharan Africa’s annual GDP has been moved to secretive tax havens.”
http://www.fairobserver.com/article/africa-illicit-outflow-84931
Copyright © OromianEconomist 2014 & Oromia Quarterly 1997-2014, all rights are reserved. Disclaimer.
Oromia Media Network Launch — Live! March 27, 2014
Posted by OromianEconomist in Africa, Africa Rising, African Beat, African Music, Ancient African Direct Democracy, Dictatorship, Ethnic Cleansing, Finfinnee, Gadaa System, Hadiya and the Omo Valley, Human Rights, Human Traffickings, Humanity and Social Civilization, Ideas, Kemetic Ancient African Culture, Knowledge and the Colonizing Structure., Language and Development, Nubia, Ogaden, OMN, Omo, Omo Valley, Oromia, Oromiyaa, Oromo, Oromo Artists, Oromo Culture, Oromo First, Oromo Identity, Oromo Media Network, Oromo Music, Oromo Nation, Oromo Social System, Oromo Sport, Oromo the Largest Nation of Africa. Human Rights violations and Genocide against the Oromo people in Ethiopia, Oromummaa, Poverty, Qubee Afaan Oromo, Self determination, Sidama, Sirna Gadaa, Slavery, State of Oromia, The Colonizing Structure & The Development Problems of Oromia, The Oromo Democratic system, The Oromo Governance System, The Oromo Library, The Tyranny of Ethiopia, Theory of Development, Uncategorized, Wisdom, Youth Unemployment.Tags: Africa, Development and Change, Economic and Social Freedom, Governance issues, Horn of Africa, Human Rights and Liberties, Human rights violations, Oromia, Oromia Region, Oromiyaa, Oromo, Oromo culture, Oromo people, State and Development, Sub-Saharan Africa, Universal Declaration of Human Rights
add a comment
Oromia Media Network Launch — Live! 1st March 2014
Millions of Oromos now have the chance to enjoy quality media focusing on the needs and aspirations of the Oromo people.
https://www.oromiamedia.org/donorship/
“The Oromia Media Network (OMN) is an independent, nonpartisan and nonprofit news enterprise whose mission is to produce original and citizen-driven reporting on Oromia, the largest and most populous state in Ethiopia. OMN seeks to offer thought-provoking, contextual, and nuanced coverage of critical public interest issues thereby bringing much needed attention to under-reported stories in the region. Our goal is to create a strong and sustainable multilingual newsroom that will serve as a reliable source of information about the Oromo people, the Ethiopian state, and the greater Horn of Africa region. ” – http://www.oromiamedia.org/
Copyright © OromianEconomist 2014 and Oromia Quarterly 1997-2014. All rights reserved. Disclaimer.
You must be logged in to post a comment.