How globalisation reshaped the world & Africa's place in it: in this month's forum column, Hippolyte Fofack takes us on a journey starting from the global economic structure at the time of Africa's independence, to the forces that reshaped that structure and concludes by explaining Africa's current position on the global stage.

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FORUM - Column

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How globalisation reshaped the world & Africa's place in it: in this month's forum column, Hippolyte Fofack takes us on a journey starting from the global economic structure at the time of Africa's independence, to the forces that reshaped that structure and concludes by explaining Africa's current position on the global stage.

In the light of persistently high levels of poverty and a widening income gap with other regions of the developing world, which, by the way, had worse initial conditions at independence, Africa's economic performance fell well short of its potential over most of the post-independence period.

In the immediate post-independence period, the global trading system remained highly inefficient, with advanced economies drawing on their technological edge to enjoy tremendous ma...

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