
Audio By Carbonatix
The growing phenomenon of population concentration in few urban centers, which is creating ghost economies around the country, is said to be an offshoot of what has been termed ‘Market Macro-Economic Management capitalist regime’.Development Planner, Nyaaba-Aweeba Azongo says the regime, which has been religiously embraced by policy makers and the larger intellectual class in Africa, is a bane to the development of most developing countries.He is worried “the existing order would continue to hold sway with discipline-centrist-experts and policy makers taking the masses intuition hostage when the realities on the ground dictate otherwise”.He was reacting to Joy FM’s Hotline research documentary on the death of popular Peri-Urban communities in Ghana, which is a result mass exodus from rural peripheries to urban centres.According to Mr. Azongo, no amount of economic statistics can capture the immense human suffering in Ghana and Africa, stating that this mass exodus to urban centre’s are real indicators of developments, which should engage primary policy focus, than market-based indicators of GDP, interest rate and inflationary figures.He said, the era of the ‘Best comes from the West’ is no longer tenable, “since the best from the West has so far been the worst in the efforts at engendering Africa’s development and it is time for homegrown solutions rather than mounting defense on failed western development concepts in Africa.“It is pertinent to examine the economic theories, models and strategies that provided the basis for the development efforts whose outcome has been so sketchy to neutralize any intellectual exposition to accept these outcomes” the planner stated.
Mr.Azongo is calling for a paradigm shift from market-based macro-economic solutions to self-mastery home-based development planning solutions.He believes the market macro-economic management regime can only play a complementary role but cautioned that it should not be a substitute for development planning.Story by Kofi Adu Domfeh/Luv FM/Ghana
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