East Asian economies succeeded not because they embraced the whole doctrine of free market. They succeeded because they avoided ideology and embraced pragmatism.
If Nigeria is to succeed in home-grown economic policymaking it must wisely manage economic ideologies. China and the successful Asians took note of ideology and avoided the pitfalls. Latin American and African countries closed their eyes to ideology and drowned in the pool of ideological waters.
First, the success of China and the rest is not about geographic determinism. Some scholars have pointed out that Africa’s parlous economic story is because it is a malaria infested tropic. Of course, a lot can be said about the impact of the environment in economic development.
Poverty at Various Units, Forms, and Historical Epochs of Human Existence. Let’s begin from the family which is the smallest unit and the earliest form of organization or community of people in human history.
Growing up in life, we often find ourselves always asking this question which has eluded lots of people till death without really having the answers to them.
God doesn’t promise that we won’t have trouble. Sometimes we’ll have a double dose, more than our fair share. But the good news is that trouble doesn’t have the final say.
