Essays on National Development

The concept of political development seems to be quite a simple one on its face. Without investigating the role of the state too deeply, it is clear to see that in general, there are distinctions between the developmental levels of states around the world; while poverty exists in every nation, there are some that are much more stricken with the problem than others. In addition, relative levels of poverty within a nation is a scalable phenomenon—that is, levels of poverty and the very meaning of poverty can change across different political landscapes around the world. The conceptualisation of ...

The economy is made up of three main sectors; private, public, and the social economy sector. The private sector comprises of businesses, while the public sector is mainly the government. The social economy sector is composed of non-governmental not for profit institutions and organizations, cooperatives, charitable organizations, and social enterprises (Neamtam 1). A social economy can be said to be a distinct financial system established with the aim of improving the wellbeing of the communities, both socially and economically. The social economy has been in existence for a long time, although the first application of the cooperative principles to ...

Insecurity and Currency Devaluation in Africa: A Case Study of Nigeria

Insecurity and Currency Devaluation in Africa: A Case Study of Nigeria

Introduction

Geography and history have truly taken its toll on Africa. Africa, the cradle of civilization, continues to be an enigma to the rest of the world. The continent commonly referred to as the Dark Continent has suffered from gross prejudice, stereotype, discrimination, and neglect from the rest of the world. Most Europeans and Americans see Africans as inferior, living in the jungle (forest), uncivilized, primitive, violent cannibals and so forth. But obviously, recent occurrences in Africa have proved them true even though not in toto. The genocide and ...