The Politics of Cold War, the Role of China and Singapore and the Lesson to Learn for African Countries

Abstract

Today, we live in a world where many societies are extremely poor, while others are exceedingly rich. In many countries in Africa, Asia and Latin America, millions of people are living in extreme poverty which as a result poor leadership style or lack of development that is responsible of our present situation in Africa.

China in modern history emerged into cold war environment at independence, but successfully adapted herself to the task of national building. The consciousness of her self-sufficient and export-driven strategy given her superior balance of trade and payment at all time, making it the fastest growing economy despite the global economic recession of 2008. Chinese adaptation of new strategies to changes in the global economy and the effectiveness of these strategies remain the source of discourse between various scholars in the area of political economy. Singapore has been rated as one of the top Asian country with the highest standard of living. About 90% of Singaporeans live in proper houses with modem facilities which the city itself is virtually slum-free. The country of Singapore has accommodated more than 3000 multinational companies from the developed world. (Yuen, 1998).Singapore has achieved astonishing economic achievements. Singapore's annual GDP growth rate from the 1960s to the  1990s has an averaged about 8% more than double or the 3.3% of the organization for economic cooperation development (OEDC) growth rate and more than three times the Us growth rate (Krugman,1994). So here, the main concern of this paper what lesson does African countries will learn from this countries in the area of technology enhancement and promotion of investment for the growth and development of Gross Domestic Product (GDP) in African Continent. On the basis of conclusion of this paper, the researcher recommended African countries to plunge out of current situations of poverty, diseases, unemployment, inequality and decay of infrastructural facilities, we must have a visionary leaders that surrounds themselves with experts that will develop policies and economic programs that will change things for better in Africa.