The United Nations University
Africa Knowledge Bank
Globalization and Development in Africa
The forces of globalization are perhaps the most important factors that affect the current
environment for economic development. Globalization offers great opportunities for poor
countries to accelerate their economic development. But, it also poses new and substantial
challenges for economic management. Within this context there is increasing concern over
the increasing economic marginalization of many countries in Africa. There has been a
decline in Africa's share of world exports, a continued concentration in primary
commodities and an inability to attract inward investment.
Policy Brief:
Strengthening Africas
Participation in the Global Economy |
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