Globalization & Africa

Globalization & Africa

Introduction

Globalization is a way of defining the current era: an age characterized by the homogenization and alienation of the capitalist economic integration. The term has cultural connotations, suggesting, for example, increasing a mass culture fed by new technologies and greater market penetration in the areas of human activity. Globalization seeks to encompass all countries in an economic unit, possibly without governments or borders.

Globalization has become a word not only in the pop media business and the economy, but also increasingly in postcolonial studies and anthropology. I will not go into details, but instead briefly summarize the main trends and assumptions of this discourse. There is of course a literature on issues related to globalization that has emerged in the works is informed by political economy, in economic geography, economic criticism, and sociology. Much of this work is quantitative and is held in terms of facts. Is a series of documents of changing realities: the rapid rise since the 1970s, the export of capital in the form of FDI, the asymmetric distribution of these flows to East Asia and less so for countries like India and Brazil the growing importance of multinational companies (sometimes called transnational emphasis on what it really is a false notion of deterritorialization), the enormous increase in speculation and financial relationship with the production, and development of new markets speculative (such as derivatives) - the value that is greater than the entire world economy measured in terms of goods and services transactions. Very often, this development has been interpreted in technological terms, as the product of the computer and Internet developments, which have speeded up the transaction time and have become fully productive.

Especially after the 15th century, the various explorations, colonization and trade in the West through East Indies, North America, South America and Africa in search of economic benefits and empires usually at the expense of those with whom he made contact, conquered or colonized. For example, was in Berlin (Germany) Conference of 1884 that the European powers divided Africa among themselves. Its political and economic domination of Africa and assistance complements the Christian evangelists and missionaries Islamic crusaders who brought new and different cultures Goods and Gods in Africa. All of these companies around the world is a kind of globalization and took out almost the same groups of countries and races are the main actors of globalization today. Despite the fact that globalization today is different in scope, form and intensity of these previous processes, such as slavery, colonialism and religious fervor, the same benefits as the powerful nations at the expense of more or less the same weak nations.

Economic globalization of Liberia

Liberia is a very poor country, whose market-based economy has yet to recover from the ravages of the 1989-1996 civil war before the sanctions were imposed by the UN earlier this year. Average income per capita is estimated at U.S. $ 170 - only a small fraction of the pre-war level - and the unemployment rate of 85 percent ...