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Wolassa L. Kumo's Articles in Economic Growth

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The African Economic Community: rhetoric vs. reality
To fully participate in the global economics during this era of rapid technological change and globalization, African countries must urgently adjust their economies. The establishment of the AU and the pan African Parliament following the Abuja Treaty and the Sirte agreements are moves in the right direction. But the current debate on the the "United States of Africa" is rhetoric.
Root Causes of African Underdevelopment and Opportunities for Revival
Africa's share in global wealth (GDP) is less than 4% while its share in global population is nearly 16%. Africa's dismal economic performance has puzzled many analysts.
The Threat of a New Debt Crisis in Developing Countries
Estimates indicate that, today developing countries' debt stocks stand at a staggering US$2.9 trillion, and every day the poorest countries pay the rich world almost US$100 million in debt repayments. Heavily indebted poor developing countries need an urgent bail-out of unjust and unpayable debts.
Professor Gebisa Ejeta Wins 2009 World Food Prize
An acclaimed Oromo Ethiopian plant breeder and geneticist Professor Gebisa Ejeta has won the 2009 World Food Prize for developing drought-tolerant and parasite-resistant sorghum crop. Sorghum is one of the world's five principal grains and staple food for about 500 million Africans.
Asia’s Development Miracle and Africa’s Development Tragedy of the Late 20th Century: Key Lessons
There is no single East Asia development model that can be replicated in Africa. To achieve and sustain higher growth levels, Africa needs to devise balanced economic polices that put the private sector at the centre of economic growth and job creation.
The Falling Commodity Prices, Global Recession and the African Economies
While the end of the commodity price boom is a relief to commodity importing African countries, it is a sad news for the African exporters. The abrupt end of the commodity price boom in mid 2008 could have serious consequences on the continents' over all future growth performance.
Stock Exchange in Africa: Prospects and Challenges
Expanding African securities exchange face size and liquidity problems

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