African Politicians Must Stop Blaming Others For Africa's Economic Woes
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
It is impossible, even if one were sitting in a roomful of enlightened economists, politicians, lawyers and social scientists, to reach a consensus on the definition and causes of poverty.
African politicians tend to blame foreign actors or external factors for the problems at home. This is nothing new nor is it unique to African politicians.
Again, travel restrictions meant that Ugandans, perhaps the most crazed motorsport fans in East Africa, couldn’t come.
Ultimately, though, the only way to defeat poverty and graduate from aid is greatly to increase Foreign Direct Investment (FDI) - of which there is a vast potential reservoir in the world looking for the right destination, writes Peter Fabricius from the Institute for Security Studies (ISS).