Black Diasporic Essentials For "Liberation"

[Bawon Samedi]

@too much sauce this is the "solution." At least part of it...

 

[Poitier]

I think I'm going to do a followup to this titled "Doing Smarter Business" that analyzes business deals around the diaspora on a scale weighing them in terms of positive impact on the diaspora.

 

[Bawon Samedi]

I think I'm going to do a followup to this titled "Doing Smarter Business" that analyzes business deals around the diaspora on a scale weighing them in terms of positive impact on the diaspora.

And you know I got you with the feature.

 

[Bawon Samedi]

Just wanna bump this gold mine.

 

[MajorVitaman]

and this needs a bump as well

 

[Neuromancer]

subs

 

[iBrowse]

This thread needs to circulate more....especially for folks in the Yvette bashfest thread.

 

[Neuromancer]

I think I'm going to do a followup to this titled "Doing Smarter Business" that analyzes business deals around the diaspora on a scale weighing them in terms of positive impact on the diaspora.

Please do.

 

[Bawon Samedi]

@Raymond Burrr @Ronnie Lott

This is how Tariq SHOULD have argued when addressing white supremacy...

 

[Secure Da Bag]

One of my most admired thinkers and economist basically confirming some of my thought patterns as of late :











Not fully relevant to this thread but it ties into my first few posts and I will be doing a post on public goods/social infrastructure soon.

Unfortunately those tweets are gone. Who were you referring to?

 

[Warthog]

"Africa has integrated with the rest of the world faster than with itself"

INTRA-AFRICAN TRADE/INTEGRATION

1.The Problem:

Africa’s rates amongst the lowest in the world, with less than 20 per cent of what is produced in the region, remaining on the continent.

“This, in essence, means that over 80 per cent of what is produced in Africa is exported, mainly to the European Union, China and the United States. In comparison, over 65 per cent of Europe’s trade occurs on its own continent, and in North America, the figure is around 50%(1),” a statement quoted Heymans to have said.

Intra-Africa Trade to Play Larger Role in GDP Contributions

The Why:

The World Bank recently reported that intra-African trade costs are estimated to be approximately 50 per cent higher than in East Asia due to the number of permits required when transporting goods across certain borders, or the fees payable for prolonged waiting periods at the border. Another issue is the varying de minimis values across the region. In Angola for example, the de minimis value is $350 (if imported via Luanda) while in Zimbabwe, the de minimis is USD 10. The varying values can often make it difficult for companies to plan market expansion strategies in Africa.

Intra-Africa Trade to Play Larger Role in GDP Contributions

If the residents of San Francisco faced the same charges in crossing the Bay Bridge to Oakland as do residents crossing the Congo River between Kinshasa and Brazzaville, a similar distance, they would pay more than $1200 for a return trip. As a result passenger traffic at this obvious focal point for cross-border exchanges between the two Congos is around five times smaller than that between East and West Berlin in 1988 – which was of course well before the dismantling of the Berlin Wall!

In southern Africa, a truck serving supermarkets across a border may need to carry up to 1600 documents as a result of permits and licenses and other requirements. Slow and costly customs procedures and delays caused by other agencies operating at the border, such as standards, raise the costs of trading. For example, one supermarket chain in Southern Africa reports that each day one of its trucks is delayed at a border costs $500 and it spends $20,000 per week on securing import permits to distribute meat, milk, and plant-based goods to its stores in one country alone.

Request Rejected

Poor infrastructure is one reason for Africa’s sclerotic trade. The continent’s multiple trade agreements are another hindrance. Africa has 14 different trading blocs with overlapping members. Most countries belong to at least two blocs. Many belong to three.

http://www.economist.com/blogs/baobab/2013/04/intra-african-trade


Benefits:

Some of the opportunities that could come about through greater regional integration include:

• Bringing staple foods from areas of surplus production across borders to growing urban markets and food deficit rural areas. Indeed, Africa has the potential to feed Africa. But at present only 5% of Africa’s imported cereals come from other African countries.
• A significant amount of cross-border trade takes place between African countries at small scale and is not measured in official statistics. Allowing these traders, many of whom are women, to flourish and gradually integrate into the formal economy would boost trade and the private sector base for future growth and development and have swift impacts on reducing poverty.
• With rising incomes in Africa there are emerging opportunities for cross-border trade in basic manufactures such as metal and plastic products that are costly to import from the global market.
• The potential for regional production chains to drive global exports of manufactures, such as those in East Asia, has yet to be exploited. There are also opportunities to develop regional value chains around mineral commodities such as phosphates for fertilizers and regional processing of nickel and copper.
• And cross-border trade in services offers untapped opportunities for exports as well as better access for consumers to critical services such as health and education and firms to services such as accountancy and other professional services that boost productivity.
• In linking rural communities to markets to improve access to new technologies and to markets for the goods and services they produce,
• In leveraging trade and cross-border exchange to generate solidarity between communities in fragile states and enhance opportunities for sharing the benefits of growth and increasing prosperity
• In providing a route for small firms to grow and increase their capacity to leave the informal sector and thrive in the economy.
• In assisting women in dealing with poverty by providing more opportunities for jobs and better returns from cross-border trading activities.

Request Rejected

All of my broader categories have to be addressed in unison. For example, these excerpts on how integration, capital and commodities intersect:

Because of this greater focus on extra-than intra-regional trade, recent export growth in Africa has been driven primarily by commodities, with limited impacts on employment and poverty.

Rather than exporting minerals and fuels to distant markets, greater intra-African trade of goods and services would support more employment-intensive activity than exports from extractive industries.

Request Rejected

A range of complementary policies helps maximize the gains from trade integration for the poor – including policies related to human and physical capital, access to finance, governance and institutions and macroeconomic stability.

Request Rejected

Reasons for Optimism: Integration is improving rapidly, though hurt by the global recession, even if from a horrible starting spot, but it must not stagnate.

According to the report, nine of the 10 countries where global connectedness increased the most—in absolute terms—from 2011 to 2013 are frontier economies, with Burundi, Mozambique and Jamaica experiencing the largest gains.

Intra-Africa Trade is Key to Continent’s Economic Development


Note: These trade numbers are probably lower than their actual value given the informal economy in Africa and the smuggling of goods across borders, but the numbers are still abysmal even given that qualifier. Quite frankly, this is the category I am most certain will improve for the better. Additionally, we should begin to move from thinking of Intra-African trade as just the export/import of goods between countries on the continent and expand it to countries and enclaves in the diaspora, though it is much harder to statistically capture the latter much like the informal economy.

Edit: Found A Good Excerpt On the Informal Economy

Yet traders find a way around such barriers. Staples such as sorghum and cassava (a plant with a carbohydrate-rich root) do not show up in the figures but are traded informally. Many other goods move across borders but elude the customs inspectors who record official trade flows.

The Ecobank researchers give two examples of informal trade routes that are well established. Somali traders based in the Eastleigh area of Kenya’s capital, Nairobi, (known as “Little Mogadishu”) import rice, sugar and consumer goods into Dubai, tax-free, and then distribute them around east Africa. There is a similar dodge in west Africa. Imports are shipped into Benin and Togo and spirited across borders to consumers in neighbouring Ghana and Nigeria. Such networks mean there is more trade going on within Africa than is acknowledged. But it is not as nearly as much as it could be.

http://www.economist.com/blogs/baobab/2013/04/intra-african-trade
ENERGY
FOOD PRODUCTION

This pretty much sums up Intra-African trade. That and the infrastructure (roads) are terrible. However, with the availability of ships and planes, Intra-African transport should be met with little excuses. What needs to happen is more African countries making trade agreements with each other, e.g Chad & South Africa trade agreement or Somalia & Senegal trade agreement or Gabon and Tanzania trade agreement or Egypt and Namibia trade agreement etc.
The last thing Africa needs is to be lagging behind.

 

[Poitier]

Unfortunately those tweets are gone. Who were you referring to?

Umair Haque

This pretty much sums up Intra-African trade. That and the infrastructure (roads) are terrible. However, with the availability of ships and planes, Intra-African transport should be met with little excuses. What needs to happen is more African countries making trade agreements with each other, e.g Chad & South Africa trade agreement or Somalia & Senegal trade agreement or Gabon and Tanzania trade agreement or Egypt and Namibia trade agreement etc.
The last thing Africa needs is to be lagging behind.

I agree.

Thing is African nations has all types of blocs and free trade zones on paper but never follow through with them.

 

[Free White & 21]

@Raymond Burrr @Ronnie Lott

This is how Tariq SHOULD have argued when addressing white supremacy...

Nah.

That’s an apples to oranges comparison on multiple levels

One is an argument to prove that white supremacy exists and to prove that white supremacy is a religion

One seems to be a strategy for black economic autonomy that has already concluded that white supremacy exists, as it IS the catalyst for its own existence

 

[Bawon Samedi]

Nah.

That’s an apples to oranges comparison on multiple levels

One is an argument to prove that white supremacy exists and to prove that white supremacy is a religion

One seems to be a strategy for black economic autonomy that has already concluded that white supremacy exists, as it IS the catalyst for its own existence

Uh.... The OP argues how White Supremacy economically hurt Black people in America and also world wide. That's HOW he is able to offer solutions by first addressing the problem. Especially in the part of lack of capital and how whites shut us out of certain things. Its all about economics.

 

[Mook]

Bump