Crime In Africa Essay

1043 Words5 Pages

Investment in Africa is daunting and can be an insurmountable challenge to actualise broad-based long term economic development. Reasoning from this fact, Africa will not attract the investment it needs and we cannot consider the Africa continent on the rise as it is generally ‘thought’ that the concepts of economic development and improving the social order are compatible, but achieving these dual goals for investors and host countries can be very challenging. Prominently, with a slant towards wealthier suburban residents and business groupings which are more likely to lobby around various issues. This essay will proceed in giving an overview of Africa’s unequal impact of crime. Then analyse the poor and ineffective marketing strategies and …show more content…

The decline in manufacturing in Africa suggests that diversification of the economy (and employment), to reduce the economic shock of a long-term decline in prices, is not the immediate focus of policy- makers. Poverty in Africa is one of the single, most important development challenges facing the continent.
Furthermore, the absence of adequate supporting infrastructure: telecommunication, transport, power supply, and skilled labor, discourage foreign investment because it increases transaction costs. Additionally, poor infrastructure reduces the productivity of investments thereby discouraging inflows.
In concession, Globalisation, foreign direct investment (FDI), and trade can potentially bring social, economic, and business benefits to emerging market countries through inflow of capital, knowledge, and increased employment. However, the specific conditions and mechanisms for this to happen are complex, not well understood, and may depend upon an individual country’s situation. There is a broad stream of research which argues on the one hand that FDI effects can be unpredictable, unintended, and counterproductive or even threatening. Therefore, above all Africa is not yet ready and equipped to attract the investments it

More about Crime In Africa Essay

Open Document