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| Topic: |
History
|
| Number of pages / Number of words: |
12 / 3257 |
Essay's paper body
However, sporadic growth continued as the newly independent nations borrowed heavily from abroad.
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The world economic decline of the 1970s, rising oil prices, corruption, and political instability hit Africa hard. In subsequent decades Africa has steadily become poorer compared to the rest of the world; South America experienced solid growth, and East Asia spectacular growth, during that same period...
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In subsequent decades Africa has steadily become poorer compared to the rest of the world; South America experienced solid growth, and East Asia spectacular growth, during that same period. According to the World Economic Forum, ten percent of the world's poor were African In 1970; by 2000, that figure had risen to fifty percent...
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