STRAIGHT TALK
MARK BARNES: Just imagine if African countries stood together
It is time to start considering the notion of global economic democracies
It seems to be election season in many places, and it's hard to find a democracy without challenges. Nigeria has just gone through the election of the governors of its 36 states, which essentially determines who will run the separate economies of the different states. Most of them are not in good shape, with debt exceeding revenue, while wealth is amassed by the leaders in the two terms before they groom successors. Abdelaziz Bouteflika, the frail 82-year-old president of Algeria, has finally been forced to pull out of the election, not seeking a fifth term. But after two decades in charge it seems he still wants a say in who his successor will be. About 900-million Indian voters will go to the polls in April in what is likely to result in a second term for Narendra Modi, with the opposition still fragmented. China, the one-party-rule economy challenging the US as the world's leading economic power, as ever makes the case for state capitalism, in what leader Xi Jinping describes as ...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.