African academic economists are a dangerous threat to Africa’s future

It is sad, indeed dispiriting to read Professor Ayittey’s article “Africa’s Reform Conundrum and Zimbabwe’s Tragedy”, published in “The Zimbabwean” of 21st September 2018.

You may think that to call African academic economists like Professor Ayittey “a dangerous threat to Africa” is simply over the top journalistic sensationalism – after all, few people in the general population read them. But to think they and their fellow development experts do not matter is extremely dangerous because they wield enormous influence. It is their Western counterparts who are the real power behind the big global agencies: the UN, World Bank, IMF, World Trade Organization (WTO) and Western governments. And it is the theories of academic economists &…

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