Globalized Africa Political Social And Economic Impact PDF Download

The world is becoming a global village because of advancement in information communication technology, culture, political, economic and social activities across the globe. The pro globalization scholars would want us to believe that, globalization is all about modernity. Globalization is another form of re colonization of African countries including those nations that were hitherto not part of the old colonization, have discovered a virgin ground for the re colonization of African countries. This involves the use of exploitative instruments like World Trade Organization (WTO), International Monetary Fund (IMF), World Bank, multinational corporations and other international financial institutions in order to capture the world in the name of globalization under the umbrella of United States of America. All these gadgets in the name of globalization are diversionary and plausible because there is no any country in the world that is in the process of development as a result of globalization or that have developed as a product of globalization. The pro globalizers deceive people that, there is a path to development in which all African countries suppose to follow in order to become modern. The assertion has been problematic; this is because there is no any country in the world that has passed through this process of development. Thus there is no any country in the world that is in the process of developing in the name of globalization or has developed because of its involvement in the global economy. In other words, globalization at this juncture is seen as another new method of recolonialization of African countries by those developed nations who where hitherto not part of the old colonialization to explore virgin land to operate and be part of the exploiters of the African countries. Afterwards, the path to modernization as suggested by the modernization scholars can be described as a new wine in an old bottle masquerading and metamorphosing in different forms from colonialism, neocolonialism and now globalization as the solution to the development of African countries. The benefits of African countries in the global world are economic, political, social, religious and cultural crisis pervading the nocks and crannies of African countries. It is based on this premise that the paper intends to introduce the topic, conceptualizing and contextualizing the concepts of globalization and development, a brief historical origin of globalization, the impact of globalization on the development of African countries and the way out of this present predicament and conclusion.