News Formal

Opinion: Market democracy runs out of road

  • 📰 TheAfricaReport
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 55%

Opinion Berita

The model of democracy that emerged in the 1990s has not brought economic inclusion or positive political change. To free themselves from Bretton Woods bargaining and picking sides in a new Cold War, African nations must urgently strengthen pan-African institutions.

As Nigeria’s leaders held a gilded ceremony in Abuja on Democracy Day, 12 June, members of civil society protested against economic hardship in Lagos.

Nigeria’s transition in 1999 followed a decade of rapid change across Africa. Military and single-party regimes gave way to multi-party politics. When the first Cold War ended, neither Moscow nor Washington wanted to bail out theirInstead, the World Bank talked about ‘good governance’. Countries that met this criterion would qualify for billions of dollars from the World Bank and the International Monetary Fund . Sceptics called it market democracy: politics teleguided by Europe and the US.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 29. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Township retail remains hotly traded in the South African property marketSouth Africa’s township retail sector is emerging as a growth engine for the country’s property market as it continues to attract interest from investors.
Sumber: BusinessTechSA - 🏆 24. / 61 Baca lebih lajut »

Over $1 billion pledged to create ‘African vaccine market’Three quarters of this funding will come from Europe, Macron told the summit, which was also attended by leaders from African countries.
Sumber: TheCitizen_News - 🏆 6. / 75 Baca lebih lajut »

China’s COMAC challenges Airbus and Boeing for African marketWhile Congo-Brazzaville is currently the only African country openly considering the purchase of a Chinese airliner, the manufacturer is emerging as a real challenger to the global giants.
Sumber: TheAfricaReport - 🏆 29. / 55 Baca lebih lajut »