In to maintain such economic control , the compound powers during the transition to political indep conclusionence , established governments deemed independent til now run by moderate nationalists who were to be collaborative with them (Clarke , 84 . Thus , even after independence colonialists continued to economically exploit (and hence under-develop Africa through their installed moderate African croniesAlso , the essential west took advantage of the African socio-political and economic instability . Cases where minerals and rock oil controlled by African rebel groups were exchange at inflict prices to the international communities atomic number 18 common in the unstable cleave of Africa . Furthermore international power struggles such as the wintry War have been propagated on African soil : effective like Bin Laden and the Taliban (Clarke , 98 . For example most of the arsenal used by Angola s UNITA rebels had been supplied by the US . The US , however , had vested interests of fighting the then worldwide threat of collectivism as propagated by the Soviet Union and also to main course cheap oil through UNITAInternational monetary fund (IMF ) and the manhood bank are also to blame for Africa s developmental change by reversal . These institutions have been extending developmental loans to the African countries .
However , such loans are with numerous inhibitive conditions . One such crippling conditions to the loans was the structural adjustments programmes (SAPs )of the previous(predicate) 1990s .SAPs brought about conditions like , among others , privatization of state corporations and opening up of African markets to global players Clarke , 102 Privatization as proposed by SAPs brought situations where state firms were fraudently and sold to corrupt individuals . The other condition that the African countries open up their markets saw the entrant of western firms which were more capitalized hence unjust competition and imbalance of trade . Furthermore , the majority of countries end up paying back much more than the do that they borrowed . As...If you want to get a full essay, order it on our website: Ordercustompaper.com
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