MKT 310 Lecture Notes - Lecture 10: Business Matters, Africa Online, Sub-Saharan Africa
Document Summary
Introduction to doing business in africa: africa is the world"s seco(cid:374)d largest co(cid:374)ti(cid:374)e(cid:374)t, the population is increasing but many areas are sparsely populated, economic paradox. Many natural resources yet still great poverty. 33 african nations indebted to imf: structural reforms. Structural reforms have failed in many african nations. Some blame african nations for not following policies correctly: the reinvention of markets. Module addresses sub-saharan emerging markets: colonization of africa. Entire continent colonized except for liberia and ethiopia. Detrimental effects on african politics, culture, and society: colonial legacy. Continent struggles to develop more so than other emerging economics in developing regions. Nations need good credit internationally: the changing face of africa. African nations are known for: instability, lack of education, and poverty. But, some nations increasing gdp and developing: culture. Empowers greater african population and diaspora: religion. Doing business in senegal: small coastal country in africa, predominant religion islam, gdp. Gdp growth rate decrease in 2009 due to global financial crisis.
