Nicky Oppenheimer: 'Why Africa will succeed'

Rwanda's President, Paul Kagame, has described how his government managed to stabilise the country and then translate that political stability into innovative policy reform - so much so that Rwanda is now poised to benefit from globalisation and build sustainable economic and political security...

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Bibliographic Details
Published in:New African (London. 1978) 2007-07 (464), p.28
Main Author: Oppenheimer, Nicky
Format: Magazinearticle
Language:English
Subjects:
Economic growth
Economic reform
Elections
Executives
Oppenheimer, Nicky
Politics
Speeches, lectures and essays
Online Access:Get full text
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Summary:Rwanda's President, Paul Kagame, has described how his government managed to stabilise the country and then translate that political stability into innovative policy reform - so much so that Rwanda is now poised to benefit from globalisation and build sustainable economic and political security for its citizens. The reasons for these shifts are complex and various - the end of the Cold War where loyalty excused excess; a new reform-minded generation of leadership; the end of apartheid and the consequent sidetracking of development effort to that end; and an awareness that Africa had fallen far behind its Asian and Latin American counterparts in the quest for development.\n Other sectors, from energy to fixed infrastructure, might do well to join the diamond business and contribute to such endeavour in the search for business practices which are not only ethical but put people first. * Africa has a special interest in, ninth, managing its natural resources prudently and there is no better example of this than Botswana. The emergence of Asia as a manufacturing force raises key questions about economic policy choices for those communities lacking the skills base or productivity to compete against cheaper (and more productive) labour markets especially in China and East Asia.
ISSN:0142-9345
2051-3054