Studies and researches
1/2024
What Hinders Economic Development in Africa?
This research makes an in-depth assessment of the
underdevelopment conditions in the African continent. It reveals the extent of
suffering in Africa, despite enormous resources across the entire region. The
challenges before many of the African countries regarding development are not
just those of structural, micro-economic or macro-economic indices, but mainly
such as considerably caused by some African people. A careful analysis of the
prevailing and ongoing situation in African societies reveals that a lot of
economic failures are elicited by human factors and not by environmental,
location or the absence of resources. The research uses the African continent
as the case study and assesses the socioeconomic impediments to the continent’s
development. The research uses secondary data to assess the situation and drew
the conclusion that Africa must shelve such human based impediments in order to
foster accelerated economic development.
African countries, underdevelopment, economic development, resources, socioeconomic impediments
O10, O20, O55
O10, O20, O55