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- Title
GLOBALIZATION, ECONOMIC SOVEREIGNTY AND AFRICAN DEVELOPMENT: FROM PRINCIPLES TO REALITIES.
- Authors
Okogbule, Nlerum S.
- Abstract
The article examines the impact of globalization on the initiatives of African nations to adopt democratic constitutionalism, which would be the foundation of state transformation, legitimacy and credibility. The author contends that globalization, with its growing concentration and monopolization of economic resources and power by transnational corporations and by global financial firms and funds, has accelerated impoverishment and dependency. Globalization, the author adds, also affects economic sovereignty of African nations.
- Subjects
AFRICA; GLOBALIZATION &; society; DEMOCRATIZATION; CONSTITUTIONALISM; SOVEREIGNTY; ECONOMIC conditions in Africa, 1960-; GLOBALIZATION &; economic development
- Publication
Journal of Third World Studies, 2008, Vol 25, Issue 1, p213
- ISSN
8755-3449
- Publication type
Article