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Sanou Mbaye

Sanou Mbaye

Sanou Mbaye is a Senegalese economist and former member of the African Development Bank senior management team.
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  • Africa’s Diaspora to the Rescue

    Sanou Mbaye Series: Into Africa
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    2010-01-26
    Official statistics for 2009 are likely to show that migrants’ remittances fell sharply, as the global recession severely eroded job opportunities abroad. That makes it all the more important that African countries, many of which have paid a strong groundwork for sustainable growth, have a financial system in place that can leverage remittances effectively as the global economy recovers.... read
    Comments: 2   Recommended: 1   Read: 2677
  • Africa’s Integration Imperative

    Sanou Mbaye Series: Into Africa
    2007-10-17
    Sub-Saharan Africa’s historical legacy of artificial and unmanageable colonial boundaries, ethnic antagonisms, and an appalling record of leadership failures has hampered its quest for economic integration. But a sector-by-sector approach, beginning with energy, could mitigate these handicaps.... read
    Comments: 0   Recommended: 0   Read: 7739
  • Overcoming Africa’s North-South Divide

    Sanou Mbaye Series: Into Africa
    2007-03-05
    The late President Mobutu Sese Seko of former Zaire once declared that the North African countries, which pride themselves on their Arabic descent, should be excluded from the then Organization of African Unity. Mobutu’s rule was, of course, deeply flawed, but he was not alone within the pan-African movement in such thinking. The antagonism between the blacks of sub-Saharan Africa and the inhabitants of the continent’s north remains a reality that impedes the prospect of any union between them.... read
    Comments: 0   Recommended: 0   Read: 8370
  • China’s Grand Africa Strategy

    Sanou Mbaye Series: Into Africa
    2006-10-06
    Ever since the Berlin conference of 1883, which Belgium’s King Leopold II called “the sharing of Africa’s cake,” the West has assumed exclusive rights over sub-Saharan Africa. But, while centuries of struggle to end colonial rule and apartheid have not changed this much, now Western influence is being challenged by China, which likewise covets Africa’s rich reserves of minerals and resources.... read
    Comments: 0   Recommended: 0   Read: 11581
  • Sub-Saharan Africa’s Leadership to Nowhere

    Sanou Mbaye Series: Into Africa
    2006-05-03
    Why are the countries of sub-Saharan Africa the poorest in the world? One reason is the set of ill-designed development strategies that the IMF and the World Bank have implemented in the region for nearly half a century. But the centuries-old culture of leadership that is ingrained in many African societies has played an equally disastrous role.... read
    Comments: 0   Recommended: 0   Read: 12468
  • Starving for Capital in Sub-Saharan Africa

    Sanou Mbaye Series: Into Africa
    2004-11-29
    Sub-Saharan Africa's appalling poverty and living conditions have been exposed repeatedly through television and the Internet. But these agonizing pictures represent only the symptoms of an underlying - and largely unreported - malady: capital flight.... read
    Comments: 0   Recommended: 0   Read: 11933
  • Africa's Oil Rush

    Sanou Mbaye Series: Into Africa
    2004-09-09
    It takes a threat to oil supplies to get world leaders to pay attention to Africa. Usually neglected by globetrotting statesmen, the continent recently saw visits from US President George W. Bush, Chinese President Hu Jintao, Brazil's Lula Da Silva, German Chancellor Gerhard Schroeder and many other world leaders. Their public comments were typically devoted to development, ending Africa's many wars, and the fight against HIV/AIDS, but all of them had oil on their minds. ... read
    Comments: 0   Recommended: 0   Read: 13864
  • Africa's Debt Dilemma

    Sanou Mbaye Series: Into Africa
    2004-05-04
    The success that US President George W. Bush and his special envoy, former Secretary of State James Baker, had in getting Iraq's foreign debts canceled or rescheduled shows what can be done when a policy is backed by political will. The contrast with Africa's debts could hardly be starker. Just three years ago, Jubilee 2000 made news when civil society groups, rock stars, and a few finance ministers like Britain's Gordon Brown pushed for African debt cancellation. President Bush mostly succeeded in his crusade; Jubilee 2000 succeeded mostly in getting empty promises.... read
    Comments: 0   Recommended: 0   Read: 12552
  • How the French Plunder Africa

    Sanou Mbaye Series: Into Africa
    2004-01-02
    France's unchallenged political, economic, and military domination of its former sub-Saharan African colonies is rooted in a currency, the CFA franc. Created in 1948 to help France control the destiny of its colonies, fourteen countries--Benin, Burkina-Faso, Ivory Coast, Mali, Niger, Senegal, Togo, Cameroon, Central African Republic, Congo, Gabon, Equatorial Guinea, Bissau Guinea, and Chad--maintained the franc zone even after they gained independence decades ago.... read
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