The Impact of Globalization on Africa

S. M. Wangwe and Flora Musonda

Chapter 6 in Globalization, Growth and Marginalization, 1998, pp 149-167 from Palgrave Macmillan

Abstract: Abstract Africa is the least-developed continent in the world today, as is evident from the low levels of per capita income in many African countries. Among other things there is a lack of infrastructure, including telecommunication linkages with the outside world and within Africa, low levels of technological innovation, low expenditure on research and development (R&D) and inadequate social services.

Keywords: Foreign Direct Investment; Gross Domestic Product; African Country; Economic Reform; Regional Cooperation (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-26675-3_7

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DOI: 10.1007/978-1-349-26675-3_7

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