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The African economy has weathered thestorm. This is what mid-year reports onthe global economic situation released byinstitutions like the International MonetaryFund say, while giving Africa credit fo
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The African economy has weathered thestorm. This is what mid-year reports onthe global economic situation released byinstitutions like the International MonetaryFund say, while giving Africa credit for itseconomic development. However, ZhangZhongxiang, Deputy Director of Centerfor West Asian and African Studies ofShanghai Institutes for International Studies,maintains that adverse impacts of theworld economic crisis on the weak Africaneconomy are severe, even hindering therealization of the Millennium DevelopmentGoals, despite the rapid revival of itseconomy. Excerpts follow.
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