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Lecture 6

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University of Toronto St. George
Political Science
Abbas Gnamo

POL301 Lecture NotesMay 30 2013Not all African countries are same all have distinct features resources and climate which bring different challengesEach country emerged from colonial rule with a different endowment of resources investment and human capital yet they all share a similar array of structural problemsoMost economies are predominantly rural 60 subsistent farmers and majority of population is pooroLack the capital technology and expertise to diversify output and achieve higher productivityoExternal dependence due to inherited patterns of trade ex Former French colony only trading with FranceoHave a narrow range of primary commodities for export and require a broad range of imported manufacturesoIn 1972 Samir Amin said oCountries had to choose between capitalism and socialismTypology of African Development StrategiesoPopulist strategiesMobilize people and rally them togetherEmphasized government ownership and regulation of the economyPut in place welfarestate policiesEx Tanzania
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