Better Days ahead for the economy of developing countries in Africa

[Rruchi man]

Mrs Ngozi Okonjo-Iweala gets the nod, she is the first Nigerian and first African and woman to lead the WTO (World Trade Organization). Securing this elective position means that qualified Nigerians and Africans can still be elected to hold important economic offices worldwide regardless of the bad run of corrupt officials holding top positions and many corruption and money laundering scandals.
It is our hope that having an African hold this very important position, will help point out the productive and market opportunities in the continent and in a long run help improve the economy of the developing countries in continent by spear heading for the revival of multilateralism and better trade deals for the developing countries in the region.

[sunsilk]

I wish all the best to you guys. I don't know how huge is this going to be helpful to your economy but as long as it does, that's delightful to know.

There's just this thing that I've noticed. You made a new thread just after few minutes of posting this thread: Will Mrs Ngozi Okonjo-Iweala be able to step up to the task at hand (DGWTO)

There's no need to make that if you already have this thread, it's best to lock the other thread as the topic is just the same as this.

[AmoreJaz]

I wish all the best to you guys. I don't know how huge is this going to be helpful to your economy but as long as it does, that's delightful to know.

There's just this thing that I've noticed. You made a new thread just after few minutes of posting this thread: Will Mrs Ngozi Okonjo-Iweala be able to step up to the task at hand (DGWTO)

There's no need to make that if you already have this thread, it's best to lock the other thread as the topic is just the same as this.

yes, one thread is more than enough to have a meaningful discussion towards the topic. we wish all the best for african nations and if having an African woman in WTO will pave the way for some radical change, then so be it. she knows better than anyone about how to attack the long running problem from where she originated. her accomplishments are yet to be seen however.

[Sithara007]

I don't think that Ngozi Okonjo-Iweala will be able to do much more to the African continent, when compared to the current director-general (Roberto Azevedo) of the World Trade Organization. WTO is a global organization and the director-general is supposed to act without any regional bias. Also, having an African on the top posts in the past hardly had any impact on the well being of the region. A perfect example is that of Tedros Adhanom Ghebreyesus, who is the current director general of the World Health Organization (WHO).

[dothebeats]

Having a representative in the WTO from Africa might be a good leverage to bring forth some suggestions to better the economic scene in the continent for most African countries. While of course, getting that position does not only mean she'll only be working for the development of her land, but she could always present some interesting ideas that could include Africa to the global trading scene. Africa is a continent that is rich in natural resources and is ripe for the picking, but most huge (bully) countries such as China is taking advantage of the fact that the region is highly underdeveloped in today's standards.

[Dragonfund]

Ikonja Iweala was the Finance minister between 2003 and 2006 during Obasanjo regime and I couldn't point her achievements for Nigeria even if European union has endorse her as the first female and a Nigerian Director-General of the WTO. The office she is occupying doesn't belong to just a single country but countries as whole that co-form world health organization, this might be an opportunity for African countries especially Nigeria but it's not done that way and beside, united states isn't giving her full support.
Trump will not support candidates who just became citizen of United States in 2019.

[Lorence.xD]

May the prosperity go on for the African continent, they are an untouched haven of natural resources and I think that they deserve to use that to boost their economy, I also hope that countries in Africa create a union to fight the terrorism brought by wars in some of their countries, especially South Sudan. If Africa is not rife with this famine, wars and capitalistic exploitation, it will be a prosperous continent like Europe, Australia and part of American continent. Hopefully, more project that helps African continent is launched to help the people, especially in terms of welfare, health and education.

[slapper]

Nice to hear this news. However, I think becoming a WTO head does not bring the economy of developing countries better. As you can see, an international organization only has a minimum impact on a country because no country wants to be affected by any element outside their country. Only the government has the power to change the current situation of their countries. Will you let a stranger step into your house and create a mess ?

On the other hand, the US does not seem to like this new information at all. They believe that China is behind everything and by letting a Nigerian becomes a WTO head, they can easily manipulate the world trade organization. Who knows. After all, we are just normal citizens who only want a happy life

[Vishnu.Reang]

I don't understand how she will be able to make a big change. Director-general of the WTO is a powerful position, but with limited decision making abilities. Even if she is able to push forward a few measures, I don't think the continent will benefit much. The biggest issue here is that Africa, dispute its abundant natural resources produce a limited amount of finished goods. It imports most of its demand. Unless this situation changes, I can't foresee any major improvement in the condition there.

[Xinarae*]

Compared to the countries of Asia and America, Africa has either stopped or lagged behind in international trade, investment, per capita income and all other economic growth indicators. Poverty has reduced life expectancy increased violence and instability and pushed the economy further back. Although many initiatives have been taken in recent years to develop African countries in isolation they have failed. Recent data show that parts of the continent especially sub-Saharan Africa have begun to grow in tandem with the rest of the world which will help boost the economy.

[Darker45]

Africa is a terribly wounded continent. I'm not sure the election of Miss Ngozi in the WTO would be enough to heal it. Even the WTO itself has its own enormous monsters that need slaying.

More than half of the African nations are some of the poorest in the world. African extreme poverty is multi-faceted. In many cases, the poor performance of many African economies are but offshoots of much larger and deeper problems such as the absence of rule of law, illiteracy, and so on.

[hugeblack]

I hope so, but the United Nations organizations will not change the reality of Africa, as they need political will and military strength to force some of the leaders of those countries who came with military coups to return to the referendum of the masses, national reconciliation and other things.
Even these people will have no influence because they are part of a system.

[carter34]

by spear heading for the revival of multilateralism and better trade deals for the developing countries in the region.

Trade to my knowledge isn't all about development. You need to have the right kind of system built under strong structures for things to work properly. So if she is at the top, she can only do the little she can in suggestion and nothing to it again.

[cabron]

I hope so, but the United Nations organizations will not change the reality of Africa, as they need political will and military strength to force some of the leaders of those countries who came with military coups to return to the referendum of the masses, national reconciliation and other things.
Even these people will have no influence because they are part of a system.

Yup It doesn't help. Having someone as Director-general of the WTO isn't going to really make a difference. This continent needs more than that, it needs a total makeover.
The country had been corrupted for decades, there isn't unity to all of them despite having each country have its own government.  

The big question is, with the ongoing trade war between the United States and China, “Will Nigeria’s Mrs Ngozi Okonjo-Iweala be able to step up to the challenge?”.

If she figures how much China had helped them building infrastructures for the country, she knows how to take part by no choosing which side. But to be friends to both US and China

[Kasabus]

Africa is a terribly wounded continent. I'm not sure the election of Miss Ngozi in the WTO would be enough to heal it. Even the WTO itself has its own enormous monsters that need slaying.

More than half of the African nations are some of the poorest in the world. African extreme poverty is multi-faceted. In many cases, the poor performance of many African economies are but offshoots of much larger and deeper problems such as the absence of rule of law, illiteracy, and so on.

Africa who has been known of its low economy which resulted into a very poor continent should still be given a chance to prove to other continents that they can still be able to survive despite of the negative issues about them. And this is the best time to bring and introduce Africa that they can still make positive changes through the leadership of a Nigerian representative. This woman might bring positive impacts to Africa now that she's in control with the possible changes in their country.

[tbterryboy]

That’s good, if this can create opportunities and help Nigeria and other developing countries in Africa, then I’d love to see it. That apart, the case of corrupt officials is a serious issue that I think they have to tackle. They might be getting better opportunities, but having corrupt officials will still hinder their progress. Believe me, whenever there are good things coming into the country, their corrupt leaders, due to their own selfish needs will be blocking those progress from coming into the country.

So, it’s best that they first take down these bad leaders any way they can to pave way for better leaders who will do better things. Having good leaders matters a lot in the progress of any country.

[Savemore]

Africa is a terribly wounded continent. I'm not sure the election of Miss Ngozi in the WTO would be enough to heal it. Even the WTO itself has its own enormous monsters that need slaying.

More than half of the African nations are some of the poorest in the world. African extreme poverty is multi-faceted. In many cases, the poor performance of many African economies are but offshoots of much larger and deeper problems such as the absence of rule of law, illiteracy, and so on.

The corruption is already in their culture and it is the reason why most of the countries in the African continent are suffering into poverty but there is a good thing because Miss Ngozi became the first woman to head the WTO which is considered as good and development. The global trade is now being hold by a woman for the first time in African history, I think there will be good impact for those African countries that keep experiencing poverty. But still as a individual person, we still have a responsibility especially if we want to give a good and better future for the next generation. Miss Ngozi has skills and high intelligence to operate and sit into the position, for sure a lot of countries there are now celebrating even though it is just the beginning of the better days of the African countries.

[cryptomaniac_xxx]

Mrs Ngozi Okonjo-Iweala gets the nod, she is the first Nigerian and first African and woman to lead the WTO (World Trade Organization). Securing this elective position means that qualified Nigerians and Africans can still be elected to hold important economic offices worldwide regardless of the bad run of corrupt officials holding top positions and many corruption and money laundering scandals.

Congrats to her and the whole African countries, indeed this is a landmark as she is the first African born to lead this very highly respective position.

It is our hope that having an African hold this very important position, will help point out the productive and market opportunities in the continent and in a long run help improve the economy of the developing countries in continent by spear heading for the revival of multilateralism and better trade deals for the developing countries in the region.

Let's hope that she will hold her ground because her position is highly influential and in a sense she should open up more opportunities for African market and put some lax regulations so that at least it's time for Africa to really bounce back from years of corruption and degeneration.

[el kaka22]

She has been awesome in many international economic positions so far in her life and she really did manage to look like a powerhouse economist in the global stage for the past 2 decades as well so it is totally understandable that she would be picked as well.

When there is a good candidate for a role and everyone listens to whatever comes out of their mouth, you know you have to pick them, no matter their nationality, no matter their race, no matter their gender because if you decide to ignore that, this is not politics this is business and your emotional attachment would make you lose money. Hence, I believe she is the right candidate and WTO will be happy with this selection, she will lead them to a lot more productive negotiations and will try to of course help Africa as well as much as she can.

[goldade]

Mrs Ngozi Okonjo-Iweala gets the nod, she is the first Nigerian and first African and woman to lead the WTO (World Trade Organization). Securing this elective position means that qualified Nigerians and Africans can still be elected to hold important economic offices worldwide regardless of the bad run of corrupt officials holding top positions and many corruption and money laundering scandals.
It is our hope that having an African hold this very important position, will help point out the productive and market opportunities in the continent and in a long run help improve the economy of the developing countries in continent by spear heading for the revival of multilateralism and better trade deals for the developing countries in the region.

It is true that the appointment of Mrs Ngozi Okonjo-Iweala as the Director-General of the World Trade Organization will help shift the gaze of world to Africa telling them that there are bright and qualified Nigerians and Africans at large who can hold important offices across the globe. I, however, think that only little can be done by her office in the African Continent to help improve the economy of the African countries simply because the WTO is an international body and not only for Africa.
One should not forget that the major problem of African countries is bad leadership and corruption. It is only until these two are dealt with can Africa countries have any major breakthroughs economically. There is very little the DG of WTO can do about this.