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The effect of colonization in African countries
The effect of colonization in African countries
The effect of colonization in African countries
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Failure of IMF and World Bank Policies in Sub-Saharan Africa
Over the last several hundred years, Africa has been deprived of the peace that it so desperately needs. For over 400 years, Africa was subjected to the harsh trans-Atlantic slave trade. Europeans and Americans brutally uprooted millions of Africans and shipped them away. Torn away from their homes, Africans were inhumanely exploited for their labor. The slave trade had a devastating effect not only on those involved, but also on future generations to come. The exploitation of Africans continued even after slavery was abolished. A new form of slavery disguised as colonialism quickly took form as an institutionalized method of exploiting Africans. European countries quickly staked their claims to different parts of Africa. Over the course of about 90 years, Africa was subjected to colonial torture in the form of exploitation of natural resources, forced labor, terrorism, expropriation, unfair taxation, and genocide. After the end of colonialism, European nations and the U.S. developed a new method of exploiting Africa. The same countries that were victims to colonialism are now victims to debt. Commonly referred to as the ?debt trap? in the international community, the debt crisis in Africa is quickly becoming a major hindrance to the economic development of the region. The external debt in Sub-Saharan Africa is estimated to be around $230 billion. The World Bank categorizes 33 of the region?s 44 countries as heavily indebted poor countries. The IMF and World Bank have both stepped in to offer their assistance in the form of offering policy advice, structural adjustment programs, and financial assistance. However, initiatives formulated and ...
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The designers did mock-ups of many different models, including a two-seat roadster, a fastback, and a station wagon. GM was trying to keep the cost as low as possible, however, to compete with the Mustang, and decided tostick with just two models, a coupe and a convertible.
The impact of the Structural Adjustment Programs imposed by International Financial Intuitions (IFIs) such as the World Bank and the International Monetary Fund on the developing countries of Africa has led to the destruction of Africa’s social sectors and has handicapped Africa in its fight with poverty, the AIDS pandemic, and keeping children in school.
Additionally, the leaders of America hold the view that Africa does not qualify for America’s national strategic interests. Consequently, the aspect of the debt repayment problem in most African countries confirms the schemes of the US in Africa. Herbert says, “…these are mostly illegitimate foreign debts, contracted during the Cold War by unrepresentative governments from Western creditors that sought to buy geopolitical loyalties, not to finance development in countries previously set back by Western colonialism…” (Herbert 63). The concern of prejudice across Blacks is real.
Every year, more and more money is donated to Africa to promote democracy in order to get rid of the powerful coups in many countries through out the continent. While the coups are declining and democratic governments are being established, the economic growth and development of Africa is not anywhere it should be considering the abundant natural resources and coastline that the continent possesses. Even though countries, like the United States of America, donate millions of dollars they are a large reason why Africa is underdeveloped economically. The Trans-Atlantic Slave trade is the most devastating event in the history of the world. Nearly 14,000,000 men, women, and children were displaced, sold into slavery, and killed by the trade routes.(
Before the British arrived in Africa, they had sustainable economic, social, and political systems. These existing systems were destroyed the European’s quest to use Africa’s wealth for their own economic gains (Alcott). Prior to colonization many African states relied on agriculture to meet the level of subsistence, and selling or trading excess crops. The British did not recognize this type of economic system as a sufficient alternative method. They did not respect the African’s cultural differences and lifestyles; instead, they saw the lack of technology and modernization as merely unacceptable. They began to implant their own economic methods on the African’s without accounting for or respecting other lifestyles and methods of building a society. Instead of respecting ethnic differences across the continent, the British began to exploit them for their own
Hitler was originally born in Austria, although felt great pride for the German people and decided to join the German military during World War I. During the war, hitler was hit with mustard gas and was temporarily blinded. During this time Hitler heard of Germany's surrender through radio, eventually regaining his full sight back. Germany was the world's scapegoat after the war and was burdened with paying for all of the damages and became a laughing stock. Hitler swore to bring Germany from the ashes by planning a rebelion. As good as this looked on paper, it failed, and earned Hitler five years in prizen. While incarcerated, Hitler clearly voiced his oppinions for Germany in his book he wrote in prizen entitled Mein Kompf. The book became a smashing success and rewarded him with fame and a reduced sentence of only a few months.
The changes in African life during the slave trade era form an important element in the economic and technological development of Africa. Although the Atlantic slave trade had a negative effect on both the economy and technology, it is important to understand that slavery was not a new concept to Africa. In fact, internal slavery existed in Africa for many years. Slaves included war captives, the kidnapped, adulterers, and other criminals and outcasts. However, the number of persons held in slavery in Africa, was very small, since no economic or social system had developed for exploiting them (Manning 97). The new system-Atlantic slave trade-became quite different from the early African slavery. The influence of the Atlantic slave trade brought radical changes to the economy of Africa.
The behavioristic approach to psychology relies on the premise of behavior as a reflection of the mind, though influenced by outside forces. Such forces exert influence upon free will, affecting a change in behavior, through association (relationships of ideas) or reinforcement (support of ideas).
IMF Surveillance. (2013) IMF Surveillance [online]. International Monetary Fund. Available from: http://www.imf.org/external/np/exr/facts/surv.htm [Accessed 10 November 2013].
The IMF was not designed to be an aid agency but its role in economic
The International Monetary Fund and the World Bank were created as a result of the Bretton Woods Conference. Both provide assistance to countries suffering economically. While the IMF is a cooperative institution that aims to create an organized global system of payments and receipts, the World Bank is an institution that aims to help developing countries (Driscoll 1). Both play a part in the economies of struggling nations with the goal of reducing their burden and helping them to survive in the global economic system. Unfortunately, in many cases their practices within developing nations have been seen to create more harm than good. This is possibly because both institutions use a one size fits all approach when aiding countries rather than gaining a deep understanding of each country they are involved in and catering their approach as a result. In this paper I will examine the practices of the IMF and World Bank in developing nations that have led to failure and the effects the policies had on these countries.
According to the Dictionary of Psychology, Behaviorism is a theory of learning that is based upon the idea that all behaviors are obtained from their outside observations and not in one’s thoughts or feelings. In the 20th century, three important scientists John B. Watson, Ivan Pavlov and B.F. Skinner proved that Behaviorism is the study of observable behavior, as opposed to internal such as emotions and thinking. Although they all have their different forms of behaviorism, there ideas are similar. Behaviorism is the study of human behavior and is mainly based on the belief that all human behavior is learned through conditioning of the environment.
How Europe Underdeveloped Africa by Walter Rodney, was one of the most controversial books in the world at the time of its release. The book seeks to argue that European exploitation and involvement in Africa throughout history. This is the cause of current African underdevelopment, and the true path to the development is for Africa to completely sever her ties with the international capitalist economy. Rodney describes his goal in writing the book in the preface: “this book derives from a concern with the contemporary African situation. It delves into the past only because otherwise it would be impossible to understand how the present came into being and what the trends are for the near future” (vii). Rodney writes from a distinctly Marxist perspective by arguing that the inequalities inherent in European capitalism and required exploitation of certain countries in order to sustain capitalism.
“If you owe your bank a hundred pounds, you have a problem; but if you owe it a million, it has.(1)”
There is no doubt that European colonialism has left a grave impact on Africa. Many of Africa’s current and recent issues can trace their roots back to the poor decisions made during the European colonial era. Some good has resulted however, like modern medicine, education, and infrastructure. Africa’s history and culture have also been transformed. It will take many years for the scars left by colonization to fade, but some things may never truly disappear. The fate of the continent may be unclear, but its past provides us with information on why the present is the way it is.