Globalisation and Consolidation of Dependency and Underdevelopment in Africa

Journal of Social and Political Sciences, Vol. 2, No. 2, 2019

14 Pages Posted: 4 Jul 2019

See all articles by Babayo Sule

Babayo Sule

Federal University Kashere

Muhammad Aminu Yahaya

affiliation not provided to SSRN

Rashid Ating

Institute of Advanced Studies (IAS)

Sani Rabiu

Gombe State University

Date Written: June 10, 2019

Abstract

Globalisation is a process which transformed the world into a single political economy. Africa is one of the continents that is sharply affected by globalisation. This paper examined the impacts of globalisation in consolidating Africa's economic and political dependency and underdevelopment. The problem is globalisation comes up with many opportunities, especially for developing countries, but, Africa failed to utilize the opportunities. The paper is a conceptual paper which used secondary sources of data for analysis and interpretations. The work discovered that Africa found itself more caged in a circle of dependency and underdevelopment despite all the trade negotiations, open opportunities, and technological transfer. Thus, the paper suggested that Africa cannot exist in isolation especially in this wave of globalisation, but there is a need for an internal restructuring to accommodate diversities and complexities of external forces and balance them with internal advantages for local industrialisation, genuine regional integration, and intensive trade development.

Keywords: Africa, Dependency, Economy, Globalisation, Politics, Underdevelopment

Suggested Citation

Sule, Babayo and Yahaya, Muhammad Aminu and Ating, Rashid and Rabiu, Sani, Globalisation and Consolidation of Dependency and Underdevelopment in Africa (June 10, 2019). Journal of Social and Political Sciences, Vol. 2, No. 2, 2019, Available at SSRN: https://ssrn.com/abstract=3414085

Babayo Sule (Contact Author)

Federal University Kashere ( email )

Federal University Kashere
Gombe
Please Select +234
Nigeria

Muhammad Aminu Yahaya

affiliation not provided to SSRN

Rashid Ating

Institute of Advanced Studies (IAS) ( email )

Jln Profesor Diraja Ungku Aziz
Wilayah Persekutuan Kuala Lumpur
Kuala Lumpur, 50603
Malaysia

Sani Rabiu

Gombe State University ( email )

P.M.B.127
Gombe, Gombe
Nigeria

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