The purpose of this paper is to explain the causes of political and economic problems faced by Sub‐Saharan countries.
Abstract
Purpose
The purpose of this paper is to explain the causes of political and economic problems faced by Sub‐Saharan countries.
Design/methodology/approach
Data were compiled from current statistical data from various countries in the region. Also library sources were used to study the historical developments relating to the countries’ past and current political and economic situations.
Findings
This paper finds that the Sub‐Saharan countries misruled themselves and ruined their economies soon after they gained independence. They were then forced to seek help from their past colonial masters whom they had fought and got rid of to be independent.
Practical implications
The implications are that these former colonies have had to face reality and work with some western countries (including their past colonial foes) in order to foster economic development. In so doing, they have had to compromise and be accommodate donor and invest conditions
Originality/value
This paper provides explanation as to why the countries in this region have had economic and political problems. Furthermore, it lists comprehensive strategies these countries have devised to get out of their problems.
Details
Keywords
Reviews the economic development of Sub‐Saharan African countries and discusses investment potential and opportunities in the region. Concludes with recommendations to investors…
Abstract
Reviews the economic development of Sub‐Saharan African countries and discusses investment potential and opportunities in the region. Concludes with recommendations to investors and the governments of the countries in Sub‐Saharan Africa. In assessing development and investment potential of this region, examines and compares economic development data pertaining to the area and matches them with the debt burden these countries carry as they struggle to develop and reform their political systems. Finally, highlights exemplary achievements and problems of note.