African Development Initiatives

Paper Summary:

The paper discusses the spread of globalization and the increasing disparity between the haves and the have-nots, especially in the international scale. The paper looks at the current Zambian Copperbelt area as an example. The paper discusses the assertions of James Ferguson who blames the colonists, the government and those in power for the continued suffering African countries experience as a result of development initiatives. The paper concludes that citizens of Africa must realize that through their own power, ambition and initiative they can become members of the worldwide 'developed' country fraternity.

From the Paper:

"It seems as if the key word in the business world today is 'globalization', with worldwide business ventures, partnerships and conglomerations being formed on a daily basis. As these events take place, the business industry, as well as the public, is able to discern a wider disparity between the haves and the have nots. This disparity is noticeable on the local community level, as well as nationally, and can be especially noticed on the international scale, with entire countries succumbing to a 'developmental' mindset. Such a way of thinking can lead some countries to a financial position that, instead of being 'developed', can mean huge amounts of debt and an infrastructure that can often be likened to a deck of cards."

Sample of Sources Used:

• Bank Group Set to Fund Infrastructure Projects (2007) African Development Bank Group, http://www.afdb.org/portal/page?_pageid=293,174339&_dad=portal&_schema=PORTAL&press_item=12184235&press_lang=us, accessed March 10, 2007
• Baird Private Equity explores India strategies (2007) The Business Journal of Milwaukee, http://milwaukee.bizjournals.com/milwaukee/stories/2007/02/26/daily4.html, accessed Mar 10, 2007
• Development and Change (2002) Institute of Social Studies, Blackwell Publishers, Oxford, UK, Vol. 33, Issue 2, pp 361 - 379
• Macmillan, H. (1996) More Thoughts on the Historiography of Transition on the Zambian Copperbelt., Journal of Southern African Studies, Vol. 22, Issue 2, p 309 - 312
• Piot, C., (2001) Expectations of Modernity: Myths and Meanings of Urban Life on the Zambian Copperbelt, Anthropological Quarterly, Vol. 74, Issue 2

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