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Third World Development Studies (In the instruction) - Essay Example

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Third World Developmental Studies Introduction The north and south global divide basically refers to the economic divide between the developed and the developing countries, with the north being the developed countries, and the south being the less developed countries…
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Third World Development Studies (In the instruction)

Download file to see previous pages... In effect, the geographical analogies are no longer functional in the contemporary setting. Nevertheless, for purposes of this discussion, the terms north and south shall be used to respectively refer to the developed and the developing/third world countries. This analysis shall provide a critical evaluation of the following statement from Susan George (2004): “Southern debt, a festering sore for the past twenty years has relatively little to do with money and finance, and everything to do with the West's continuing exercise of economic and political control.” In general, this paper shall clearly state the overall arguments in relation to this statement, and will be framed in relation to the entire question, including all the key terms and concepts. This essay shall present four clear and convincing cases which will support the argument that the southern debts represent Western economic and political control, and has little to do with money and finance. These four cases will be presented logically and with supportive details. This essay shall then be summarized and concluded based on the specific points discussed within the text. This paper is being carried out in order to establish a strong and decisive assessment of the statement, specifically on the issue of southern debts. Body 1. Impact of Colonialism in Africa The African continent is made of a group of countries which are largely considered developing. Years of colonialism and exploitation from the Western countries depleted their natural resources and brought socio-political turmoil into their lives (Salifu, 2010). Although, colonialism has also affected various ‘southern’ territories, this portion shall focus on the impact of colonialism on Africa. Along with other global problems, establishing the primary cause of Africa’s political and economic hardship is important in understanding the overall issues of the continent (Salifu, 2010). Conflicted boundaries have been blamed mostly for the ethnic issues of the country. These issues have been attributed to the forced segregation of ethnic groups in different countries, as well as the imposed assimilation of other groups within states. Colonialism supplanted the government structures of these ethnic groups, replacing them with Western-based structures (Salifu, 2010). It also created the system of kleptocracy where ruling structures, founded on hierarchies were established. With these ruling structures, the colonialists lured elite Africans to positions power offering them prominent status and wealth in various government posts (Salifu, 2010). Riches were offered to the elite Africans, further keeping the wealth of Africa within the hands of the same few. This widened the gap between the rich and the poor, especially with the rich further exercising their economic dominance over the poor. These rich Africans also had control over Africa’s natural resources (Hrituleac, 2011, p. 42). Even when colonialism ended for these countries, the impact of colonialism remained persistent. African elites stayed in their countries and continued to nurture relationships with the colonialists (Allen and Gandiya, 2004, p. 19). Under these conditions, the exploitative actions of these elites were continually rewarded by the colonialists. The natural resources of Africa were exploited by the elites who had the financial means and backing to carry out the exploitation of ...Download file to see next pagesRead More
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