Page 115 - A People Called Afrika
P. 115

Restoring The Honor Code

             Alemayehu proposes an alternative consideration, that the
             history of Afrika’s debt crisis can only be understood ac-
             curately by looking at it from the point of view of Afrika’s
             pre-colonial  history.  According  to  this  paper,  “Africa  had
             autonomy in its linkages with the rest of the world and did
             produce processed goods. It is also worth noting that the qual-
             ity of many of these processed goods was quite comparable
             with products originating in other parts of the world. More-
             over, none of the goods brought by Europeans supplied any
             of the basic or unfulfilled needs of African societies. … Af-
             rica had a healthy and fairly independent economic system
             before colonialism intervened to force a structural interaction
             with Europe.” He goes on to explain that the Europeans be-
             gan to influence Afrika’s production aggressively during the
             16th and 17th centuries to match the needs of the industri-
             al revolution.  This had the effect of interrupting the natural
             path of Afrika’s own industrialization. By the end of the co-
             lonial period, the Europeans had managed to convert most
             of Afrika into a commodity exporting economy and they
             controlled virtually all the import and export trade… influ-
             encing what was produced, imported and exported by Afrika.


             “Thus, given such a historical process it is not surprising to
             find that almost all African nations had become exporters of
             a limited range of primary products, and importers of man-
             ufactured goods, by the time of independence in the 1960s.
             This was further accompanied by a demand for external fi-
             nance when export earnings were not sufficient to finance the
             level of public expenditures required for maintaining and ex-
             panding the commodity exporting economy. This structure
             has not changed in any meaningful way in the post-colonial
             era.” Thus, Alemayehu suggests, Afrika’s problems are direct-



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