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The Challenges to Africa's Economic Development Since the 1960s
Subject area: Arts, Social Sciences and Humanities · Area of research: African History
Abstract
Africa is one of the richest continents in the world in terms of natural and mineral resources as well as human resource and yet the poorest of the poor. Over three hundred million people in Africa still live on less than US $1 per day. It is also on record that the post-independent Africa states have undergone several political and economic reforms yet there is little or no-development to show for it. The African continent is faced with a lot of development hurdles or challenges which have become salient features of the continent. In view of the above human and mineral endowments in Africa and yet the continent?s economic development remains a mirage owing to some challenges which have become endemic in the society. However, this paper sets out to interrogate the challenges facing or bedeviling the Africa?s economic development since the 1960s. The paper adopts a qualitative research methodology and made use of both primary and secondary sources such as relevant books, institutional publications among others. It was discovered in the course of the research that Africans are the major cause of their economic underdevelopment.
Keywords
Challenges, Economy, Development
How to cite this paper
@article{1703283,
author = {Odoh Samuel Onyenaezichi},
title = {The Challenges to Africa's Economic Development Since the 1960s},
journal = {Iconic Research And Engineering Journals},
year = {2022},
volume = {5},
number = {9},
pages = {359-365},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1703283.pdf},
abstract = {Africa is one of the richest continents in the world in terms of natural and mineral resources as well as human resource and yet the poorest of the poor. Over three hundred million people in Africa still live on less than US $1 per day. It is also on record that the post-independent Africa states have undergone several political and economic reforms yet there is little or no-development to show for it. The African continent is faced with a lot of development hurdles or challenges which have become salient features of the continent. In view of the above human and mineral endowments in Africa and yet the continent?s economic development remains a mirage owing to some challenges which have become endemic in the society. However, this paper sets out to interrogate the challenges facing or bedeviling the Africa?s economic development since the 1960s. The paper adopts a qualitative research methodology and made use of both primary and secondary sources such as relevant books, institutional publications among others. It was discovered in the course of the research that Africans are the major cause of their economic underdevelopment.},
keywords = {Challenges, Economy, Development},
month = {March},
}