African Economic Union

The window of opportunity is wide open for a major thrust in African Economic Development. Why is this so?

U.S. / China Tariff & Trade War.

China's rising labour costs.

Low interest rates.

Trillions of dollars in investment money looking for an opportunity in FDI.

Investors looking for opportunities outside China.

Africa's African Development Bank looking to supply capital for Africans to start their own businesses.

Everyone talks about growing the pie.  The secret is to own a piece of the bakery that bakes the pies.

Still, there are a few preliminary steps to set in place a structure to fend off those who wish to exploit Africa and the African People.

One proposal is the formation of what I called an E 20 Group of Nations.  The 20 is merely pro-forma.  It is a contrapunto to the G 20.  And the G 20 is not for the G 20 alone anymore.

There are measures to forestall exploitation and to enhance development.

Forming an E 20 Group of Nations 

Solving the Emerging Economic Crisis


With an Emerging Nation Economic Union, and a 
Union of Emerging Nation Economic Unions, the first benefit would be to create a baseline minimum wage.  With this, no company could exploit workers in any nation or exploit any nation by shopping around for the lowest wages. 

In addition it is not in the best interest for investors to do this.

The success of China in elevating 500 Million people to the middles class lies in the following:

China created a consumer class
China created an investor class
China gave 500 million Chinese people a vested interest in the success of China's economy. 
China created a national cohesion.

The is analogous to Henry Ford doubling the wages of his employees at the Ford Motor Car Factory.  He created consumers for the Fords that they made.  And after they bought Fords, they could spend money elsewhere and stimulate the economy.

The paradigm is simple.

Capital Investment + Economic Stimulus =
Economic Development + Growth

Slim's Paradigm

With this programme of baseline wages across emerging nations, the effects will be:

Higher Spending
Higher Sales
Higher Profits
Higher Employment
More Spending
Moe Sales
More Profits
Higher Wages
And so on.

With a rising Middle Class, Consumer Class, and Investor Class, Africa can benefit from the same paradigm or strategy used by China to become the Second Largest, Fastest Growing economy on the planet.

This will create cohesion among all Africans and benefit the entire continent.

Other Articles and Presentations

Emerging Nation Economic Union  The most read of all my articles.  

The top visitors are Singapore and Germany.  At one time, Singapore visited this article more times in four months than Germany did in four years. Germany has caught up.

The Future of the G 20 in Good Times & Bad

Global Management: A shift in the paradigm of corporate America.



Related articles on China:

Will China Implode?

The Media Doesn't Understand ChinaGlobal 

China. Economics. Diversification.



Best wishes for your success.

The Window of Opportunity is Open Wide.  
Seize the Moment!

Sincerest regards,

Slim.

Copyright © 2019  Bob Asken
All Rights Reserved.