{"id":2420,"date":"2015-04-20T22:02:50","date_gmt":"2015-04-20T22:02:50","guid":{"rendered":"http:\/\/solomonappiah.com\/?p=1832"},"modified":"2022-04-05T22:49:49","modified_gmt":"2022-04-05T22:49:49","slug":"economic-growth-and-development","status":"publish","type":"post","link":"https:\/\/sunesishq.com\/notes\/economic-growth-and-development\/","title":{"rendered":"Economic Growth and Development"},"content":{"rendered":"

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Africa will celebrate 52 years of regionalism on 25 May 2015. The Organization of African Unity (OAU) was set up to “safeguard and consolidate the hard-won Independence as well as the sovereignty and territorial integrity of our states, and to fight against neo-colonialism in all its forms” as stated in the preamble of the OAU Charter.
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The African Union (AU) on the other hand appears to be a different strain of Pan-Africanism\u2014one which no doubt has roots in the OAU but not in a fight against colonialism but rather with a goal to develop African states politically and socio-economically.
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We see this in the preamble of the African Union Constitutive Act<\/a> which states that the AU is:
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\u2026the scourge of conflicts in Africa constitutes a major impediment to the socio-economic development of the continent and of the need to promote peace, security and stability as a prerequisite for the implementation of our development and integration agenda<\/strong><\/span>
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Common Denominator\u2014Development<\/h1>\n

Regardless of differences between objectives of the OAU and AU, both have one common motivation and devotion\u2014Improved development of the continent. For the OAU, development could not materialize while still under the clutches of imperialism and colonialism.
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The Human Development Index<\/a> (HDI) is a summary measure published by the United Nations Development Programme (UNDP) of key dimensions of development namely:
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