Globalization and Africa’s Development

Chapter
Part of the Social Indicators Research Series book series (SINS, volume 71)

Abstract

Globalization is the subject of intense debate among intellectuals worldwide regarding its meaning and consequences. This is because globalization is related to development. The linkages between national economies have been profusely intricate because the world has become a ‘global village’. Globalization is said to be behind Africa’s march to sustainable development as it is increasingly integrating Africa into the world capitalist system. However, globalization poses many challenges for the development of Third World countries; Africa’s share in the global social changes is no exception. However, scholars have raised a number of questions including: How has globalization impacted on Africa’s development to date? What role has Africa played in globalization? How can Africa better appropriate globalization for sustainable development? The argument this chapter advances is that the attendant capitalist growth and massive economic growth that usually accompany global transformations in most developed countries of the world are not occur commensurate with the contributions of African stakeholders (both the public and private sectors especially in the provision of social services for society). Thus, empirical data has shown that the contributions of Africa’s participants fall short of expectations. This has culminate in a lingering crisis of underdevelopment in the various sectors of the continent of Africa. The chapter therefore suggests that for the gains of globalization to be fully tapped by Africa, stakeholders must be fully involved in the provision of social welfare services to improve the social welfare of Africans.

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Copyright information

© Springer International Publishing AG 2018

Authors and Affiliations

  1. 1.Department of Sociology, Faculty of Social Sciences, Lagos State University, OjoLagosNigeria

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