Economic Networkingâ€Exploring Alternatives for Promoting Sustainable De

Economic NetworkingExploring Alternatives for Promoting Sustainable Development in Africa INTRODUCTIONThe explanation of European aid intervention in the African, Caribbean and Pacific (ACP) states has traditionally acted to reward the hierarchical distinction between the developed and the developing world. The series of capital of Togo Conventions which granted preferential trade agreements between these groups of countries have proved uneffective in encouraging frugal sustainability in the ACP states, and although the ACP includes most of the Least positive Countries (LLDCs) in the world, the agreements have been criticized as being unfair in the worldwide context. Under pressure to negotiate a new ACP-EU agreement that would be consistent with World Trade Organization (WTO) regulations, and improve on the limitations of the preceding(prenominal) Lome Conventions, the Cotonou Convention was signed in 2000, after arduous negotiations. notwithstanding this agreement, the futu re of ACP-EU relations is somewhat vague. Particularly with respect to Africa, this uncertainty leaves populate for evaluation of the effectiveness of the past agreements and an objective analysis of the motives behind foregoing economic ties. Furthermore, by analyzing the problematic history of European aid to Africa, on that point emerges a basis for shifting away from the neo-colonialist relationships that characterized most of the past agreements, and exploring the benefits of creating election partnerships. Ultimately, the possibility of forming partnerships amongst individual ACP countries and between other developing countries is an overlooked thought process that should be further explored.A Historical PerspectiveAfrican economic development is a subject of wide interest. Amongst the ... ...2 October 2003 Kwarteng, Charles O. Africa and the European Challenge. Vermont Ashgate Publishing Company. 1997.The new-fangled Partnership for Africas Development. October 2001. O verseas Development Institute. Reshaping European partnerships what future for the ACP? impact September 2003.http//www.odi.org.uk/speeches/edc_2010/meeting_report_17september.htmlThe World Bank Group. World Development Indicators Database Country visibility Table. 11 March 2004 .The World Bank Group. 2003 World Development Indicators. 11 March 2004. .Economic Community of West African States. About ECOWAS. 11 March 2004. .