Using development Aid for Neo- Colonization: From Third World Pers[pective
- 1. Using Development Aid for Neo- Colonialization: From Third World Perspective Course No: Soc 4101 Course Name: Social Change
- 2. Team Jannatul Ferdous ID: 151605 Zannatul Ferdaush Keya ID: 151630 Umme Kulsum ID: 151642 Retu Das ID: 151643
- 4. Neocolonialism Kwame Nkrumah 1965 The last stage of imperialism Economic system and political policy is directed from outside Foreign capital is used for the exploitation (Nkrumah, 1965)
- 5. Methods of Neocolonialism 4 PoliticalCultural 3 Social 2 Economic 1 Exploit market, cheap labor and fixing price Used of mass media and education Language Create puppet government (Nkrumah, 1965)
- 6. Development Aid Foreign aid, development aid or official development assistance (ODA) Aid donors (World Bank, IMF, Developed countries) Bilateral and multilateral Aimed at economic development (Webster, 1984)
- 8. “Foreign aid is taking money from the poor people of a rich country and giving the rich people of a poor country” - Ron Paul “The purpose of foreign aid is to end the need for its existence” - Mark Green
- 9. Development Aid and Neo-Colonialism Neo-colonized Africa
- 10. “The Dragon Eating the Eagle’s Lunch in Africa”
- 11. Chinese Neo-Colonialism in Africa • China has literally invaded Africa with its investors, traders, lenders, builders, developers, laborers and who knows what else. The fancy phrase for that is win-win cooperation. The “cooperation” has opened up Africa as a source of raw materials for China and a dumping ground for cheap Chinese manufactured goods. It is Chinese neocolonialism. (Mariam, 2017)
- 12. China’s Neocolonial Strategy: A New Silk Road into Africa • China aims to replicate its Central Asia “Silk Road Economic Belt” strategy in Africa (“road and belt (sea and land)”. That strategy has two components: 1) development of overland infrastructure throughout Africa and 2) expansion of maritime over the Indian and Atlantic Oceans (transporting Chinese goods to East, South and West Africa.) For instance, China plans to use the $3.2 billion Kenya rail line to eventually connect “Uganda, Rwanda, South Sudan and Ethiopia, placing Kenya at the center of an East African rail network. Ultimately, China aims to create satellite states that orbit around the Chinese economy. Such are three pillars of Chinese neocolonialism in Africa! (Mariam, 2017)
- 13. How Development Aid creates Neo- Colonialism Economic Cooperation Investment Trade, FDI and ODA Diplomacy and Political Cooperation Military Cooperation (Nkrumah, 1965)
- 14. Ending and Solutions… • Need strong central government. • Reduce export dependence. • Rapid economic growth and capital accumulation. • Increase government expenditure and cope with costs of rapid urbanization and provisions of social income in education, health, and welfare. (Parenti, 2011)
- 15. THANKS FOR BEING WITH US
- 16. ANY QUESTION?
- 17. Data Sources • Webster, A. (1984). Introduction to sociology of development (1st ed.). London: Macmillan Publisher. • https://www.marxists.org/subject/africa/nkrumah/neo- colonialism/introduction.htm • https://www.pambazuka.org/global-south/chinese-neocolonialism-africa • http://stars.library.ucf.edu/cgi/viewcontent.cgi?article=2173&context=honorsthese s1990-2015