The sources and consequences of economic instability in Africa

Abstract

In terms of a more recent history instability in Africa is represented by the strife in the Congo from the early 1960s; the civil war in Nigeria, numerous military coups d'etat and political assassinations, the civil war in Chad, the energy/ fuel crisis, the World inflationary spiral, bureaucratic and political corruption, disappointing progress in the economic field, famine and drought and most recently the near collapse of the O.A.U. But these instances have their origin or their roots in earlier developments.