The anatomy of crises in Sub- Saharan Africa economic underdevelopment: A literature review
Political upheaval, economic crisis, corruption and food insecurity are the bane for economic underdevelopment in sub–Saharan Africa; these have caused many lives to face some difficulties and to witness unpalatable experiences. This paper looked into this issue and brought out some factors that li...
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| Format: | Article |
| Language: | English |
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Universidad de Guadalajara
2024-01-01
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| Series: | Expresión Económica |
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| Online Access: | http://expresioneconomica.cucea.udg.mx/index.php/eera/article/view/1125 |
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| author | Samuel Oluwapelumi Olofinlade Cecelia Oluwakemi Aina Ogunwole James Ishola Aransiola Favour Ayobami Olanrewaju Isaac Salami Adedoyin Daniel Olawole Olofinlade |
| author_facet | Samuel Oluwapelumi Olofinlade Cecelia Oluwakemi Aina Ogunwole James Ishola Aransiola Favour Ayobami Olanrewaju Isaac Salami Adedoyin Daniel Olawole Olofinlade |
| author_sort | Samuel Oluwapelumi Olofinlade |
| collection | DOAJ |
| description |
Political upheaval, economic crisis, corruption and food insecurity are the bane for economic underdevelopment in sub–Saharan Africa; these have caused many lives to face some difficulties and to witness unpalatable experiences. This paper looked into this issue and brought out some factors that likely aggravate the difficulties, crises and insecurity in sub–Saharan Africa especially. A few internal factors that contribute to food insecurity include poor leadership, conflict and subconscious of political administration. It is believed that outside factors contributed in a subtle, occasionally overt manner to the solution of the issue.
This paper explained how political crisis, economic crisis, insecurity and food insecurity as a bane of economic underdevelopment of the sub-Saharan African country. The political crisis ranges from an underdeveloped political system, frequent changes in government, political instability, frequent change in government policies, abandonment of economic programs, and banditry and pirate activities at sea. Economic crises such as inflation, debt servicing, bogus foreign exchange regime, infrastructural decay, wrong economic policies are part of the bane of underdevelopment in sub-Saharan Africa. While on Food insecurity, drought, pest and diseases, pandemic outbreak (COVID19), Ukraine crisis/war, storage inadequacy, and seasonality of produce was part of the predicament that hinders development in sub-Saharan Africa. Also, suggestions were made to improve both the political and economic issues regarding food security and the development of sub-Saharan Africa.
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| first_indexed | 2024-03-07T23:29:58Z |
| format | Article |
| id | doaj.art-c20a752c1a114ac09889af8f07e4892c |
| institution | Directory Open Access Journal |
| issn | 1870-5960 |
| language | English |
| last_indexed | 2024-03-07T23:29:58Z |
| publishDate | 2024-01-01 |
| publisher | Universidad de Guadalajara |
| record_format | Article |
| series | Expresión Económica |
| spelling | doaj.art-c20a752c1a114ac09889af8f07e4892c2024-02-20T17:23:53ZengUniversidad de GuadalajaraExpresión Económica1870-59602024-01-015210.32870/eera.vi52.1125The anatomy of crises in Sub- Saharan Africa economic underdevelopment: A literature reviewSamuel Oluwapelumi Olofinlade0Cecelia Oluwakemi Aina Ogunwole1James Ishola Aransiola2Favour Ayobami Olanrewaju3Isaac Salami Adedoyin4Daniel Olawole Olofinlade5Thomas Adewumi University, Department of Accounting and Finance, Oko, Kwara State, NigeriaUniversity of Ibadan, School of Business, Oyo State, NigeriaThomas Adewumi University, Department of Business Administration, Oko, Kwara State, NigeriaThomas Adewumi University, Department of Accounting and Finance, Oko, Kwara State, NigeriaKwara State Polytechnic, Department of Business Administration, Ilorin, Kwara State, NigeriaOPay Nigeria Limited, Abuja, Nigeria Political upheaval, economic crisis, corruption and food insecurity are the bane for economic underdevelopment in sub–Saharan Africa; these have caused many lives to face some difficulties and to witness unpalatable experiences. This paper looked into this issue and brought out some factors that likely aggravate the difficulties, crises and insecurity in sub–Saharan Africa especially. A few internal factors that contribute to food insecurity include poor leadership, conflict and subconscious of political administration. It is believed that outside factors contributed in a subtle, occasionally overt manner to the solution of the issue. This paper explained how political crisis, economic crisis, insecurity and food insecurity as a bane of economic underdevelopment of the sub-Saharan African country. The political crisis ranges from an underdeveloped political system, frequent changes in government, political instability, frequent change in government policies, abandonment of economic programs, and banditry and pirate activities at sea. Economic crises such as inflation, debt servicing, bogus foreign exchange regime, infrastructural decay, wrong economic policies are part of the bane of underdevelopment in sub-Saharan Africa. While on Food insecurity, drought, pest and diseases, pandemic outbreak (COVID19), Ukraine crisis/war, storage inadequacy, and seasonality of produce was part of the predicament that hinders development in sub-Saharan Africa. Also, suggestions were made to improve both the political and economic issues regarding food security and the development of sub-Saharan Africa. http://expresioneconomica.cucea.udg.mx/index.php/eera/article/view/1125PoliticalEconomicCorruptionFood insecurityUnderdevelopmentSub-Sahara |
| spellingShingle | Samuel Oluwapelumi Olofinlade Cecelia Oluwakemi Aina Ogunwole James Ishola Aransiola Favour Ayobami Olanrewaju Isaac Salami Adedoyin Daniel Olawole Olofinlade The anatomy of crises in Sub- Saharan Africa economic underdevelopment: A literature review Expresión Económica Political Economic Corruption Food insecurity Underdevelopment Sub-Sahara |
| title | The anatomy of crises in Sub- Saharan Africa economic underdevelopment: A literature review |
| title_full | The anatomy of crises in Sub- Saharan Africa economic underdevelopment: A literature review |
| title_fullStr | The anatomy of crises in Sub- Saharan Africa economic underdevelopment: A literature review |
| title_full_unstemmed | The anatomy of crises in Sub- Saharan Africa economic underdevelopment: A literature review |
| title_short | The anatomy of crises in Sub- Saharan Africa economic underdevelopment: A literature review |
| title_sort | anatomy of crises in sub saharan africa economic underdevelopment a literature review |
| topic | Political Economic Corruption Food insecurity Underdevelopment Sub-Sahara |
| url | http://expresioneconomica.cucea.udg.mx/index.php/eera/article/view/1125 |
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