Saturday, January 5, 2013

How Africa continues to embrace Neo-colonialism despite the evidence of its destructive legacy

How Africa continues to embrace Neo-colonialism despite the evidence of its destructive legacy

 Mutharika’s argument was that IMF aid packages should not be based on terms dictated unilaterally by IMF alone. Such an approach, argued Mutharika, compromised financial independence and national sovereignty as the conditionalities set unilaterally by the IMF benefitted not the people of Malawi, but only IMF partners and global businesses operating in Malawi.

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