Arab Today, arab today the potential of fair african development
Last Updated : GMT 08:07:11
Arab Today, arab today
Arab Today, arab today

Notion of social and economic 'emergence'

The potential of fair African development

Arab Today, arab today

Arab Today, arab today The potential of fair African development

Senegalese President Macky Sall
Abidjan - Arab Today

Across Africa, where many nations show high economic growth rates but with little benefit to their populations, the notion of social and economic "emergence" is taking hold as a remedy for perennial pessimism.
The term has become a buzzword among international donors and African politicians who take it to mean a fairer distribution of wealth and other measures that benefit society at large.
About 30 countries on the continent have signed up to the doctrine, according to the United Nations. Ivory Coast's President Alassane Ouattara, who hosted a regional conference on the theme this week, has grabbed on to the promise of economic emergence as he plans to seek re-election in October.
Emergence, modelled on the success of the "baby tigers" of Asia -- Indonesia, Malaysia and Vietnam -- as well as Brazil, Chile and Colombia in South America, is presented as the opposite of a capitalist and dehumanised economic vision.
"For me, the goal of emergence is not GDP (gross domestic product) growth per se: it is the pursuit of greater human health and happiness so that each one of us can fulfil our potential and participate fully in our societies," said Helen Clark, administrator for the UN Development Programme.
Ivory Coast, the world's leading cocoa producer, barely four years ago came out of a political and military crisis after a bloody decade. It has since achieved an annual growth rate of 9.0 percent and is due to be an "emerging" economy by 2020, Ouattara told the conference, though the Ivorian opposition considers that goal far-fetched.
Leaders elsewhere in Africa are less ambitious but equally determined. Chad was aiming to emerge in 2020 but has revised the date to 2030, like Togo. More cautiously, Senegal's rulers are looking to 2035 to attain key goals.
"In addition to being strong and sustainable, the growth that leads us to emerge should generate jobs, force down unemployment and reduce social inequalities," Senegalese President Macky Sall said during the forum.
The UN's Clark envisaged that "by 2050, an 'emergent Africa' would have tripled Africa’s share of global GDP, enabled 1.4 billion Africans to join the middle class, and reduced tenfold the number of people living in extreme poverty. These are exciting prospects."
Investment in health and education and reducing inequalities between cities and the countryside and between men and women, along with diversifying the economy and appropriate infrastructure projects, are among means cited by experts to reach emergent targets.
- 'Bet on the future' -
On a continent where 300 million inhabitants were considered middle-class citizens by the African Development Bank (ADB) in 2011, out of an overall population of around one billion, "Afro-pessimism is now giving way to optimism," Ivory Coast's Planning Minister Albert Toikeusse Mabri asserted.
"The African narrative has changed. Just a while ago, Africa was a place which was exceptional, but for negative reasons. It was a place where there was no growth, no law," said ADB vice-president Steve Kayizzi-Mugerwa.
"People would say, 'Yeah, that's Africa', where there was war, quick death, no accountability," he said, before adding how things have changed.
"We can no longer blame it on geography, we can no longer blame it on disease, we can no longer blame it on the colonial legacy, because many people have emerged," the ADB official said, though conflict rages in Somalia and South Sudan and parts of the Democratic Republic of Congo.
South Africa, Botswana, Mozambique, Kenya and more recently, Ivory Coast, have sparked a more positive outlook on the continent, impressing the financial community with their success in development terms.
"Emergence is a bet on the future," declared UNDP regional director Abdoulaye Mar Dieye.
The ideas discussed at the conference mean that "economic growth without social benefits isn't inevitable", said Makhtar Diop, vice-president of the World Bank for Africa, adding that the "redistribution of wealth" was vital for "social wellbeing".
However, participants pointed out that emergent development is hampered by undue dependence on a single resource, like Nigeria and Angola which rely on their oil exports. Massive corruption and a lack of economic integration are also barriers to success.
Capital flight costs Africa between 60 and 100 billion dollars a year, said Dieye of the UNDP. "With good governance, you see what could be injected back into African economies."
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today the potential of fair african development Arab Today, arab today the potential of fair african development

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today the potential of fair african development Arab Today, arab today the potential of fair african development

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Taxi! Transport gets an overhaul

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Turkey warns of 'security' steps

GMT 12:17 2017 Sunday ,24 September

Turkey warns of 'security' steps
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:11 2017 Saturday ,23 September

Doctor provides advices to families

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday