THIRD WORLD COUNTRIES ECONOMIC PROWESS

                    Volatility & Procyclicality of International financial capital flow

 The international financial capital flows include grants (Official Development Assistance), Debts (Bank loans and bonds) and investments(Portfolio equity investments and Foreign direct investments). 

Over-reliance on foreign capital flows has created asset bubbles in third world countries, thus messing up with their national foreign reserves irreversibly. There has been entirely punctuated by the wealthy nations, making window dressing moves, which has been reeling a blinding effect to the myopic leaders of the third world countries. They have fingerprinted the third world economies with brown-field investments that fend for their interests. The kicking of the larder narrative has been repeated infinitely over the years, and the biggest victims of these narrative has been Africa. 

HOW RICH ARE WE?

It should be clear that Africa is the richest continent, in terms of Natural resources; imagine if we could be able to finish all the Manufacturing processes of our raw materials right from here. Imagine the amount of power we would have, if we could unite, given our demography and population statistics.

HOW HARDWORKING ARE WE?

Very few give it time to cross the Rubicon of international treaties, we tend to look at short term goals and ambitions,  and in the long run; suffer the consequences of the balance of payment crises, banking crises and twin crises. Visionary leadership is a deficiency that is being perpetuated in Africa with individualism and character assassination, with the ' anything can go' mentality, which has been perpetrated by the 'WE NEED HELP' mentality.

At the core of all this, The Structural adjustment programs have been pulling the strings. Any leader who has ever tried to stand against these programs have always been forced to sanctions and discrete discrimination from the 'ELITE GLOBALISM suprematists'. 

                  

Burkina Faso's Thomas Sankara has and is an unsung hero in Africa because of his visions, the way he was transforming the lives of the Burkinabes. A virtuoso man with ingredients infectious enough to stimulate the African continent into a booming economy. 

He was assassinated and buried in an unmarked grave, why? Because of the transformation he had rallied for and brought to an African country.

The history of the economy of the big hegemons is like a flowing river, it will never wait for a thirsty man to quench his or her thirst. We can change the direction of our future as an economic region, all we have to do is to incur the costs of change which will always transcend to a harsh period of inflation, unsound money in the economy and massive changes in the governance system. This does not require a pacifist mentality nor a liberal-minded approach, but a technocratic leadership whose compass' north constant will be guided by creating self-sustenance in every economic aspect.

Think within me and share all that you have exhaustively with all the knowledge that is within dispensation; given that we are in the information age.