Africa's Century

The 21st century is for Africa. As an African child and Generation X by definition, i feel duty bound, in the journey of my life time, to contribute to the development of this burgeoning continent through my researched views stimulated by the fast paced and changing global socio-political and economic landscape.


About Me

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An emerging African entrepreneur,strategist in the making, philosopher, revenue specialist, marketer and the community volunteer of note. My particular interests are on subjects, dialogue and debates relating to economics, international trade, sustainability, politics, environment, social entrepreneurship, technology, religion, health, science and business in general.

Tuesday, August 14, 2012

"The Meltdown Of The West": A Crucial Historical Juncture Upon Which Africa Should Take A Leapfrog

History is pregnant with lessons that African leaders should, once and for all, take leaf out of these lessons and perhaps turn a blind eye to economic growth hypotheses and economic development policies that never worked to rid the continent of its socioeconomic-ills. A simple strategic insight and taking a thorough stock of the current geopolitical shift and sway them to benefit Africa may be the right medicine at the right time. Lessons of how developed countries leaped out of critical junctures and historical contingencies when they were in the state of development are in abundance. Acemoglu and Robinsons, in their seminal book "Why Nations Fail" trace critical junctures from the fourteenth century outbreak of the bubonic plaque, the Black Death in 1346 to the England political revolution of 1688, the Glorious Revolution. They demostrate without any mathematical or complex economic model of how these critical junctures correlates to sustainable economic growth and prosperity. A critical juncture is a major confluence of factors disrupting the existing economic or political balance in society.