Oblivion or Utopia

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Oblivion or Utopia

The Prospects for Africa

Central / national / federal government policies Development economics and emerging economies Political economy Economic history Sustainability

Author: Chiku Malunga

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Language: English

Published by: University Press of America

Published on: 8th December 2009

Format: LCP-protected ePub

Size: 148 pages

ISBN: 9780761849872


Oblivion or Utopia: the Prospects for Africa

Oblivion or Utopia: the Prospects for Africa explains that most of the problems on the continent stem from the fact that, although the continent may be politically independent, it is not economically independent. Efforts to reverse the continent's continuing underdevelopment have failed to date, including trillions of dollars in aid, because they have not been consciously aimed at enabling Africa to turn its vast natural resources into wealth, which is the only known way of ensuring economic independence. Based on a comprehensive exploration of impediments to reach the goal of economic independence required for self definition, the book proposes a five step strategy which can enable the continent to turn its natural resources into wealth by:

1. Raising awareness and consciousness that Africa is not economically independent yet

2. Creating visions of aspiration

3. Organizing for wealth creation

4. Cultivating a business culture

5. Patronizing own businesses

A revolutionary implementation of the five steps, the author argues, would make utopia triumph over oblivion on the continent of Africa.

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