viernes, 12 de junio de 2015

The four economic and political reforms necessary for Africa

In line with the article of Le Nouvel Afrique digital newspaper, in which "the five administrative reforms needed for Africa", in this post we propose a series of measures, in this case political, legal and economics that we believe should be the basis needed to reverse the situation of staking and misery of this continent.


Le Nouvel Afrique proposes the following administrative measures:

  1. Depoliticization of the administration . The civil service appears to have important links with different political colors. Which is not surprising given the prevailing corruption and nepotism
  2. Modification of systems for recruiting the staff of the administration which is subject to obsolete and arbitrary rules
  3. Improved monitoring and control of the activities of political
  4. Computerization of records and files for increased productivity of staff
  5. Outsourcing administrative matters
They are certainly very interesting measures of administrative organization. We will try to complete them in future posts. But now we believe interesting to list the most important elements of a political economy for a wealth growth

1. Prevent government control of the currency . 
The temptation of managing the currency is huge and the impoverishment of citizens immediately when it takes place. A reliable currency is essential for the progress of a country. One way to get avoid the political use of money may be the creation of a supra-national body to prevent monetary dealings,like the Euro area, and given the current difficulty to implement currencies support. The CFA franc or similar groups, provided they are intended to prevent inflation, may be a solution

CFA


2. Creation of simple constitutions in which fundamental rights  (freedom, life and property) are guaranteed 
And a real powers separation in which executive, legislative and judicial control can be structured. Legal certainty would facilitate the arrival of foreign investment

Constitutions in Africa

3. The government should spend practically all their resources to the security of its citizens to thus can dispose of their property freely . 
If this is a fundamental principle of any democracy that claims it is even more in countries like Africa where in many cases the security is weak and citizens must face theft, looting and attacks by terrorist groups and the investment Foreign trade and the ability to disappear. This investment in resources should not only military and police but should respond to a comprehensive strategy of awareness, education, allocation and respect for private property, private security and public safety.

Security in many African countries is clearly insufficient
4. Opening of borders and trade.
Trade agreements for free trade such as the Economic Community of West African States (ECOWAS) and the East African Community (EAC) are essential for the development of these countries. These treaties should focus on obstacles to free trade agreement all you want done between companies or individuals in the private sphere and must allow free movement of goods, capital and people. 

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