A New Framework of Economic Development in African Countries PART I - INTRODUCTION

We will focus on the economic development in the „Danger Zones” of the African Continent regarding the main issues of this Summit: Water, Food and Energy. We are all aware that these regions remain a challenge and urgently need to be addressed. These are the African Savanna and Sahel: Niger, Sierra Leone, Mali, Burkina Faso, Guinea-Bissau, Central African Republic, Chad, northern Uganda, Ethiopia and Somalia.

Economic research has found that the variability of water and of water availability is strongly and negatively related to per capita income. These findings highlight the need for better water management in order to achieve greater economic prosperity. The Millennium Development Goals aim at cuttinging half the number of people without access to safe drinking water and sanitation. The basic problem is engineering and finance rather than the natural availability of water.

Countries with water shortages have significantly lower GDP per capita than countries with no water connections delay.

Let us now have a look at the present stage of development so that we may be able to drawing some conclusions regarding reforms and actions needed for helping the „Danger Countries” to faster climbing up the development ladder.


In PART II we will focus onWater – Food – Energy: Status quo of development

Author:.

Date of birth: 27th March 1941, originating from the South Tyrolian family, The Barons Knoll von Dornhoff since 1585. Austrian nationality. Married, three children. Studied jurisprudence and national economics at the Universities in Vienna, Austria and St. Gallen, Switzerland. Graduated Dr.jur. (LL.D)and Dr. phil. and Mag.rer.soc.oec (MBA). Professor (adj. associate) of Economic and Fiscal Policy of the International University for Entreprenology, Hawaii, USA. Languages: German, English, French,...

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