Globalization: Political Challenges For Africa

Abstract: 7 pages in length. The challenges for Africa inherent to the concept of globalization are both grand and far-reaching. Inasmuch as African economic existence relies heavily upon farming and exports the dawning of globalization threatens to make such conventional practices obsolete. According to economists, globalization and the movement toward an information economy heavily dependent on knowledge-based products threatens to see Africa's already tenuous position in the global economy deteriorate further. That Africa's economy depends upon locally produced commodities, such as vanilla, sugar, cocoa and palm oil, speaks to the aspect of modernized techniques that are being developed as a means by which to create such commodities faster, cheaper and within laboratories or non-traditional environments. Bibliography lists 5 sources.

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Subcatagory: Africa

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