Hi,
Today we want to discuss Malawi, the new EAC trade agreement and the Nigerian oil dilemma. Here goes...
MALAWI FEEDING ITS NEIGHBOURS
Malawi recorded a bumper harvest this year, because of a decision by the government to subsidize its farmers. They did this despite opposition from the World Bank and other development partners, who for long have been pushing policies that have been detrimental to the African nations food security.
Should other African states follow suite and move away from policies pushed by the IMF and World Bank that are harmful to their economies? What reaction can this produce from the Bretton Woods organizations, and should threats of a possible backlash deter developing nations from adopting other development models?
Read the story here: Malawi
Post your comments below
NEW EAC TRADE PACT
The East African Community-EAC (Kenya, Tanzania, Uganda, Rwanda, Burundi) has just signed a new controversial trade agreement with the EU. This agreement will allow European produce to move freely into the region. Critics argue that the deal could damage developing economies by cutting their customs revenue and making it harder for local businesses to compete with larger foreign rivals. What are your thoughts on this new deal?
Read the story here: EAC Trade Pact
Post your comments below
NIGERIAN DILEMMA
With the largest oil reserves in Africa, the biggest and arguably the most educated population, why is Nigeria so poor and underdeveloped? Can anything be done to remedy the situation? Is Nigeria like Ashif Hanan calls it, ‘a basket case’?
Read the story here: Nigeria burning
Post your comments below
Have an intellectual day.
Mark Gaya
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