The role of the African public enterprise in national and collective self-reliance in industry

Abstract

The New international, Economic Order which is being discussed at different international forums has revealed the deficiencies of the international economic relations, especially between developing, and developed countries which have Prevailed over the past centuries. These international, economic relations between the Third World and the, advanced, countries have principally been based on the old colonial structures whereby developing countries supplied raw materials and imported manufactured goods. In this way the political dependence, has been transformed into economic dependence. This has led not only to highly dependent economic and social development process but has also increased financial indebtedness and persistence of mass poverty especially in the rural areas.