The new wold-wide geo-economic older: Proverty of Africa and its factors

  • Juan Francisco Martín Ruiz
Keywords: Poverty, Foreign Debt, Unequal Trade, Low Income, Human Development

Abstract

Poverty on the whole of Africa and especially below the Sahara Desert becomes a direct result of the negative effects of capitalism, in its globalization phase, affecting in a very negative way in its economic growth as well as in its human and social progress. The consequence is an increasing impoverishment which limits and even detains the social and economic progress, stopping the general development of the society. Due to this fact two big splits can be found: first one in Africa on the whole with regard to the developed countries; second one which appeared recently, once the bipolar order failed, dividing more and more to the impoverished Sub-Saharan Africa (the growth and economic development have been paralysed); second one the Northern Africa which has found slowly a solution through human development. The result is the export, through migratory flows towards the developed countries of cheap labour force. With this migratory flow Northern Africa obtains not only bigger benefits but also regulates controls and softens the labour market. At the same time avoids fiscal pressure and social union unrest in the destination countries.

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Published
2008-01-15
How to Cite
Martín Ruiz J. F. (2008). The new wold-wide geo-economic older: Proverty of Africa and its factors. Anales de Geografía de la Universidad Complutense, 27(2), 77-103. https://revistas.ucm.es/index.php/AGUC/article/view/AGUC0707220077A
Section
Articles