"Poverty remains pervasive in Africa because of the continent’s dependence on developed countries and the policies promoted by multilateral institutions. Do you agree or disagree?"
Throughout this piece, I have argued that development is a serious cause for concern among countries within the African continent. I have considered the usefulness of the opposing theories – the modernisation theory and dependency theory – and come to the conclusion that the modernisation theory is embedded with self-interest and omits the effects of colonialism, whereas the dependency theory’s proposal of ‘de-linking’ would cause catastrophic effects to African economies. Additionally, I have argued that the policies of the World Bank and International Monetary – while highlighting the failure of the Structural Adjustment Programmes – aim to spread capitalism and result in increased dependence on aid opposed to creating independence for less developed countries. In essence, the policies of these multilateral organisations are making the poor poorer and the rich richer. However, I have further argued that corruption is rife throughout Africa which adds to why poverty remains pervasive in Africa. Through the use of the Corruption Perceptions Index, it can be seen that corruption is a large problem in Africa which results in funding and loans remaining at a national level, thus not assisting in the irradiation of poverty.
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