C+G+I+(X-M) is a very critical tool in administering the affairs of a
state. My focus today will be on X-M (net exports). Theoretically,
exports are key drivers of growth and economic prosperity for a country
but this theorem has become a fallacy for African nations. Africa has
been exporting it's natural endowments in its crudest form and therefore
received insignificant returns for the valuable products it sells to
the world. The latest export out of Africa SHOULD be a major cause for
concern for African governments. Authors such as Walter Rodney have
delve on the issue of Under Development in Africa and the mass exodus of
Africa's prized asset (Human resource). The recent out flow of human
capital (back wayers) out of the continent represents an export of a
talent pool that Africa cannot afford to part ways with. Our major towns
and cities are are being deserted by the emerging young generation of
Africans who represent our future leaders, entrepreneurial magnates,
teachers, law enforcers etc and this void will further relegate Africa
to the periphery of the global development agenda.
Our public policy
practitioners are touting the attainment of some of our MDG goals as
barometers of a positive development. My argument is what if we attain
most if not all the MDG goals and there is no able body left on the
continent what good is this achievement for Africa? It is therefore
incumbent on African policy experts to go back to the drawing board and
critically diagnose the menace that is boosting the export of our young
and productive bodies to Europe. This should be an immediate exercise
for our governments and owning up to our systemic failure will be the
first step in addressing the menace that befell the continent.
Globalization and the easy access of information has made the African
youth to benchmark his/her existence to their counterparts in the west
and being rational human beings, they are yearning for better
opportunities for social upward mobility and this is the challenge faced
by our leadership class (how to stem the tide of migration). I am yet
to see the continental and regional bodies making migration an emergency
issue that needs resolution to curb the tide of outflow of much needed
African brain power and brute force. Our governments MUST work on
opening up the democratic space by enlarging political inclusion, and
more leadership roles for the youth folk so as to carve a future for
them in the pie called Africa. Finally, I am of the view that leadership
is not a reactionary machinery but a futuristic approach to problem
solving by mitigating eventualities that adversely affect the well being
of the populace. Africa need next generation leaders who can look at
Africa's problem holistically and out of the myopic box that most of our
leaders look at our ailments from. 2015 public leadership expectation
is not only real time but cutting edge with a requisite tool kit to
smoothen the development hiccups along our desired trajectory. Africa's
youths are crying for help and assistance from the very people they
voted in office and to whom much is given much is expected of.
Nyang, great topic and interesting issues raised and congrats for a well written piece.
ReplyDeleteI have a slight view of the issue though - let me first of all state that I agree with you that loosing the 'creme de la creme' of our African human capital (skilled labour) to the west is a serious problem.
However, an exodus of some of our skilled professionals to the West also has it resulting advantages -so if we were still in the olden days (the 70s to the 90s) then I will be worried by your theory and premise but in this day and age of ICT, I think, the exodus of some of our talent should be an opportunity rather than a boon. In the 70s and 80s (if i didn't mix the dates), India had a policy where they trained highly skilled persons and facilitated their exodus to the US - and that policy has helped to create the silicon valley of today. I believe you are already aware that a significant transformation of the Indian economy in recent years has been spurred by these professional - maily through their investments back home in India and the transfer of technology - and the rippled effects of this technology transfer is being felt all over the economy - now India produces all kinds of goods and services, ranging from vehicles, pharmaceuticals, home appliances, you name it.
In this same way, our African economies could also benefit significantly from such transfer of technology and other forms of investments PROVIDED the conditions in our African countries are conducive to allow them.
This is just my 2 cents on your interesting topic.