-(« FEEDBACK »: » FOCUS ON THE FIRST ECONOMIC FORUM « GERMANY-AFRICA » IN « BERLIN »(MARCH 23)(« IMAGE »: »ANGELA MERKEL »)
AFRICA IS THE GREATEST FUTURE, MANY INTERNATIONAL OBSERVERS MADE IT CLEAR SO FAR:THAT PREDICTION HAS FASCINATED « GERMANY » GRADUALLY SINCE THE (1970s) AND HAS JUST LED TO THE FIRST ECONOMIC FORUM:( » GERMANY- AFRICA » IN BERLIN(MARCH 23),THE TIME IS NOW AS FAR AS (« ANGELA MERKEL’ APPROACH IS CONCERNED !NO COMMENT…
(REMINDER OF FACTS):
IN THE (1980S), « TANZANIA » HAS BENEFITED FROM ONE OF THE GREATEST FINANCIAL ECONOMIC AID FROM (« AZT »)(GERMANY)OVER SOME GOOD YEARS! UNFORTUNATELY, THAT ECONOMIC WORTHY AID HAS FOSTERED A RAMPANT TANAZANIAN LOCAL BUREAUCRACY IN DISGUISE!DOWN THE LINE , »GERMANY » THROUGH (ANGELA MERKEL) THE TIME IS NOW TO MAKE UP FOR LOST TIME SINCE THE (1980s-1990s)BUT ACTIONS MUST SPEAK LOUDER IN THE WHOLE OF AFRICA WITH MORE LIGHTNING AND VISIBILITY!(« ES IS ZEIT FÜR « AFRIKA » IN « DEUTSCHLAND »)!!!
-(« A DISMAL NORTH-SOUTH FAILURE SINCE THE 1980S »):
FIRST AND FOREMOST, THE QUANTITY OF AID PROVIDED BY A DONOR COUNTRY IS NOT A MEASURE OF THAT AID’S EFFECTIVENESS.IN MANY CASES,MORE ECONOMIC AID GOES HAND IN HAND WITH GREATER ECONOMIC DEPENDENCY.HOWEVER,THE AMOUNT OF AID DOES GIVE A ROUGH SENSE OF A COUNTRY’S SYMPATHY FOR « AFRICA » DEVELOPMENT!SEEN FROM THIS PERSPECTIVE,THRE IS NO DOUBT THAT THE( « NORTH-SOUT » DIALOGUE ») ON »AID » HAS BEEN A DISMAL FAILURE.WHILE THE RICH COUNTRIES HAVE RHETORICALLY ENDORSED THE BRANDT COMMISSIONS RECOMMENDATION THAT THEY ALLOCATE AT LEAST (0.7 %) OF THEIR (« GNP ») AS AID TO THE SOUTH,THEIR COMBINED ALLOCATIONS CAME TO ONLY (0.35) IN (1986),WITY THE UNITED STATES FAR DOWN THE LIST AT (0.23%).
-(« MULTILATERAL INSTITIONS ACTIONS »!
ON THE OTHER HAND,SOME OBSERVERS POINT TO THE INCREASING IMPORTANCE OF « MULTILATERAL INSTITUTIONS »,LIKE THE (« WORLD BANK ») AND THE(« INTERNATIONAL MONETARY FUND »)(IMF),AS A STEP FORWARD IN THE « NORTH-SOUTH » AID RELATIONSHIP,AWAY FROM WHAT IS REGRDED AS THE INSIDIOUS REAL POLITIK THAT ACOMPNIES BILATERAL AID.
-(« IMF » ECONOMIC AID, AN INSTRUMENT OF WESTERN IMPERIALISM TODAY »)?
DOWN THE LINE, THE SOUTH PARTICULARLY THE AFRICAN NATIONS AS A WHOLE HAVE A VERY AMBIVALENT ATTITUDE TOWARDS THE (IMF) FUND,WHICH IS EXPRESSED IN ITS REPEADTEDLY CALLING FOR AN ESXPANSION OF THE (IMF »S LENDING FACILITIES WHILE AT THE SAME TIME DENOUNCING THE FUND AS AN INSTRUMENT OF « WESTERN ILMPERIALISM ».UNDOUBTEDLY,THE RESSOURCES AND FACILITIES OF THE (IMF) FOR AFRICAN COUTRIES SINCE THE (1980s) AND NOWADAYS IN THE (2000S) WITH BALANCE OF PAYMENTS DIFFICULTIES HAVE INCREASED.OVER THE PAST (4) DECADES,THE IMF HAS DEVELOPED ABOUT (10) SEPARATE LENDING FACILITIES,FROM REGULAR STAND BY CREDIT TO THE (« NEWWEST STRUCTURAL ADJUSTMENT FACILITY ») PROVIDING CONCESSIOAL CREDIT MAINLY FOR THE DESPERATE AFRICAN NATIONS.
-(« THE DEBT CRISIS IN AFRICA SINCE THE « 1980S AND 1990S) AND NOWADAYS!(2017)
THE DEBT CRISIS HAS INCREADED THE CENTRALITY OF THE FUND AS LENDR OF LAST RESORT FOR AFRICAN COUTRIES WITH BALANCE OF PAYMENT DIFFICULTIES.IN THE SPACE OF JUST (2-3) YEARS,AT THE HEIGHT OF THE DEBT CRISIS,NAMELY IN THE (1980S AND 1990s),THE FUND PUT TOGETHER A RESCUE PACKAGE OF (30 US BILLION DOLLARS) FOR MORE THAN (60) THIRD WORD COUNTRIES.IN CONSEQUENCE, THE FUND HAS,INDEED, KEPT CONTRIES FROM PLUNGING INTO NOMINAL BANKRUPTCY BUT BY DRAGGING THEM THROUGH A CURE WORSE THAN THE DSEASE!
-(« BUT MOST OF THE AFRICAN COUNTRIES HAVE TO LEARN A LESSON FROM THE (1980S AND 1990S) JUST TO FIND A MANUFACTURED STABLE BASE FOR THE RAW MATERIALS AND WORTHY MINERALS, THROUGH AN EFFICIENT LEADERSHIP BACKED BY GOOD INSTITIONS »!THAT WILL BE THE SALVATION AND A REDEMPTION, IN THE WHOLE OF THE DARK CONTINENT IN THE DECADES TO COME!
(« FROM OUR « STAFF » IN PARIS)(« MEDIA MIRROR »)(« IMAGE »: »ANGELA MERKEL »)