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It is a well-known fact that Africa continent is grappling with developmental challenges. The main objectives of this paper therefore are to examine the impact of neoliberalism on these developmental challenges and to encourage African leaders to take a bold and radical departure from the norm in order to chart a new course of development which will take the continent out of the woods of economic retardation and development deficit which envelope the region now. Drawing on the case study which centre on African realities and experiences, the paper discovered that the claim that neo-liberalism is the undisputable means of attaining economic development in Africa is an illusion. On the strength of this, the paper expands on the theory of assimilation with its concomitant smart or strategic protectionism through the adaptation of foreign technology, promotion of education and encouragement of entrepreneurship as means of genuinely engendering economic development in African. The research adopts qualitative and case study methodology. Similarly, the work embraces inductive research approach as the research process systematically focuses on finding answer to the question Of, What effective step can African governments take in order to candidly overcome the challenge of underdevelopment? [ABSTRACT FROM AUTHOR]

In the last few decades, the world has experienced significant economic and political transformation, which has led to adjustments in economic interaction between countries. However, this new pattern of economic engagement has not attracted adequate investigation from management researchers. This paper aims to fill this gap in the literature by advancing a conceptual framework that can guide researchers towards investigating new patterns of economic engagement across countries. Chinese economic engagement in Africa is used to exemplify how the conceptual framework can be used. The paper concludes by providing directions for research. [ABSTRACT FROM AUTHOR]

Even though many African and Asian countries share a common history of European colonialism and thus a model of economic development shaped within the aegis of center-periphery analysis, many Asian countries have been able to ride through the burden of center-periphery economics and built more successful political economies than most African countries. This state of affairs has often led many African analysts to point to Asian success stories like China and South Korea for comparative analysis and often see these Asian countries as models of socio-economic and socio-cultural success to emulate. In particular, Africans in the Diaspora, especially Africans in China, tend to compare very frequently the socio-economic and socio-cultural conditions of their host countries with those of their source countries. This paper outlines and discusses how a group of Africans living in Hong Kong and other parts of Asia see Korea and Korean culture through the prism of Korean television dramas, which constitute a popular cultural phenomenon among Hong Kong/Asian youths. Through qualitative and quantitative survey methods, participant-observation, and questionnaire surveys, the paper reports on how African community members of Hong Kong and others think of Koreans. We show that Africans draw a lot of comparisons between Korean and African ways of conceptualizing the world. [ABSTRACT FROM AUTHOR]

During the past decade, Uganda has become one of the world's fastest-growing economies, but the country's development needs have not yet been met, and the government's revenue sources are less than sufficient to satisfy them. Therefore, when oil was discovered in 2006, hopes were raised regarding Uganda's future, since the oil money could provide substantial funds enabling a transformation of the country. According to the latest figures, Uganda has 6.5 billion barrels of oil, which makes the country the third-largest oil holder in the SSA region (after Nigeria and Angola). Unfortunately, even though almost a decade has passed since the first oil was struck, production figures have remained at zero. Given the huge needs of Ugandan society and political rhetoric of Uganda as a developmental state, it is perplexing that it is taking so long to start extracting oil in the country. The major objective of this paper is to identify and analyse major causes of oil production delays (underdevelopment of infrastructure, environmental aspects, disputes with international oil companies, legal framework adjustments, and above all vast patronage network) as well as to contribute to a better understanding of recent dynamics in the Ugandan oil sector. [ABSTRACT FROM AUTHOR]