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AFRICA’S ECONOMIC CONDITIONS: IMPLICATIONS FOR ADPED’S MISSION Presented At The ADPED’s Meeting of March 8, 2003.

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Presentation on theme: "AFRICA’S ECONOMIC CONDITIONS: IMPLICATIONS FOR ADPED’S MISSION Presented At The ADPED’s Meeting of March 8, 2003."— Presentation transcript:

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2 AFRICA’S ECONOMIC CONDITIONS: IMPLICATIONS FOR ADPED’S MISSION Presented At The ADPED’s Meeting of March 8, 2003

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11 GIVING DATA A HUMAN FACE

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20 Africa’s Economic Condition Micah Cheserem, Governor of the Central Bank of Kenya, May 1996 Only continent with endemic food-deficit problem. Africa has twenty of the world’s thirty poorest nations Inadequate social services in education, health, legal Highest mortality rates (Life expectancy=50 years) Heavily indebted-US $210bn=83% of GNP or 255% of receipts from goods and services.

21 Africa’ s Economic Condition-Solution Micah Cheserem, Governor of the Central Bank of Kenya, May 1996  Move our economies away from command to market based regimes..  Privatize as much as possible to allow efficient allocation of economic resources.  Encourage regional trading blocks like the East Africa Co-operation, (EAC), Economic Community of West African States (ECOWAS), Southern Africa Development Community (SADC), Common Market for Eastern and Southern Africa (COMESA)

22 THE POVERTY MYTHS  Myth 1- Africa is poor, therefore all Africans live in poverty  Myth 2- Poverty is only a third world problem  The poor live unhappy, miserable lives  People and communities are poor because they lack resources  The poor lack the organizational skills to initiate and manage their own development  The poor are unable to help themselves  Hence foreign aid and assistance- the key to reducing poverty

23 ADPED’S PERSPECTIVE ON AFRICA’S DEVELOPMENT CHALLENGES  Poor and corrupt leadership  Quantitative & qualitative poverty in Africa  Qualitative poverty in Africa Diaspora  Diaspora Africans- lowest strata of social, economic, health and political distribution  Africa’s massive human capital flight  Over-centralization of power & resource control

24 ADPED’S PERSPECTIVES  Non-sustainable economic & political units  Ethnic & linguistic barriers to integration  Powerlessness of the poor  Poor local institutional capacities=  Inadequate home-grown policy instruments=  Inappropriate foreign-mandated macro-economic policies (ex. SAP, privatization)

25 Accentuate the Positive  Incremental institutionalization of democracy  Macro-economic data underestimate non-market economic activities  Role of social capital, and non-monetary transactions  Growing strengths of CSO, CBOs  Regional integration (ECA, ECOWAS)  Ex. Common monetary union in ECOWAS (2004)  NEPAD & New Africa Union  Move towards market-based reforms

26 ADPED’S CORE VALUES  Humans are progress-seeking  Poverty in Africa has global implications  Continent’s problems are complex  Foreign aid- stop-gap measures during crisis  Most communities are endowed for self-reliant development  Development must capitalize these endowment  Simplistic, linear solution non-sustainable  Holistic/systems approach to development  Empowerment through decentralized grassroots development

27 ADPED’S SOLUTION  Empower the poor to take control  Local level & Indigenous Institution-building  Partnerships and strategic alliances  Mobilize Africa’s human capital and goodwill in the Diaspora  Assisted self-reliant, community-led development  Implement model/enclave/demo projects

28 Associates’ Responsibilities  A commitment/passion for helping  Sacrifice time, resources, and or talents  Focus on others rather than self-gain  Propagate ADPED’s ideals  Develop linkages with local and external individuals and institutions  Develop a global worldview

29 PARTING WORDS OF INSPIRATION  “The human being is an open possibility, incomplete and incompletable” Karl Jasper, 1923  “All humanity is bound is together by indispensable ties”  “We are what we attend to; the sum total of what we attend to over time is our life” M. Csikszentmihalyi. Ex. An alcoholic attends to alcohol, a workaholic attends to work, a philanthropist attends to others’ needs  “Hundred years from now, it wont matter what car we drove, what houses we lived in, or how much we left in our bank accounts, but the world might be a different place by the little gesture of love and kindness extended to a fellow human being”  “He/She who lights someone else’s path walks not in darkness”

30 PROPOSED ADPED’S LOGO

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