African Economy

Paper Summary:

This paper explains that few regions of Africa have escaped the scourge of malaria and, especially, HIV/AIDS, which are causing severe havoc to the economy. The author points out that significant constraints to the growth in Africa are the low savings and investment and trade and current account deficits. The paper stresses that, to further the economic growth in Africa, restructuring reforms should be put into place, and the flight of capital should be prevented.

From the Paper:

"There are a number of reasons why DDT has been phased out from use in the control of the malarial vector in South Africa. The lobbying of a number of environment conscious organizations is one of the reasons despite the success the insecticide displayed in saving of lives and preventing the disease and its spread in the developing countries. DDT may not be an ideal insecticide, but it does display several advantages over the insecticides available as an alternative and also has a track record that is proven. Despite the fact that a number of countries in Southern Africa still continue to use DDT in an effort to control the malaria vector The UNEP Governing Council has gone ahead and pressed for the banning of DDT and eleven other persistent organic pollutants - POPS. This potential banning threat as seen in the case of DDT displays a trend in which environmental pressure from mostly the developed countries thrusting standards upon the developing economies, where these standards are not accepted nor are they considered appropriate."

More papers on African Economy:

• Article Review # 112162 : "Tourism and the African Economy"
• Analytical Essay # 112821 : "African Politics"
• Research Paper # 106520 : "The African Union"

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