02Apr

The reasons behind the marginalization of Africa in World Trade

Just like a boomerang, discussions about why Africa can’t benefit from world trade keep coming back, harder and stronger. According to World Bank and the IMF, Africa is guilty of not adjusting to the neoliberal economy and therefore not being capable of measuring up to the World Trade system. Even though it is hard to escape from a cliché, this simplistic opinion couldn’t be further from the truth.