Orthodoxies on Growth and Transformation †MyAssignmenthelp.com

Question: Discuss about the Orthodoxies on Growth and Transformation. Answer: Introduction: The main talking point of the article centers round the risk taking while the business organizations would try to expand into the African continent. It is to be believed that the private sector in USA and the USA government should work hand-in-hand to overcome the odds and establish successful firms in Africa. The cultures between Africa and America are totally different and it is extremely important to bridge that gap (Kelsall). However, some of the Indian and Chinese companies who focus on textiles industry have decided to expand their business into Africa. Some Asian companies have already shifted their business in Africa who has been very much benefitted from this step. The textiles industry has developed quite a bit in the present time. The African countries have not been that much developed that it can ship its products to the United States. There are around 6000 textiles products that are produced in the African countries (Williams 203). The difference between the African countries and America has to be bridged in order to improve the situation. It is a matter of great concern that United States has a tradition of disregarding culture in terms of the Great Assimilation. Most of the African countries have not been benefitted from the AGOA. If the African countries desire to make an entry into the global economy, they must understand the real actors in the Western world who control the global economy. The setting up of AGOA can be considered a success only if the African countries are supported by the US government and work actively by preparing new commercial laws to support them (Williams 203). References Kelsall, Doctor Tim.Business, politics, and the state in Africa: Challenging the orthodoxies on growth and transformation. Zed Books Ltd., 2013. Williams, Brock R. "African growth and opportunity act (AGOA): Background and reauthorization."Current Politics and Economics of Africa7.3 (2014): 203.