MARKET DYNAMICS: AFRICAN NATIONS AND TURKEY'S STRATEGIC TRADE INITIATIVES

Authors

  • Selim Mehmet Aksoy Dr. Istanbul Commerce University, Faculty of Management

Keywords:

African continent, economic development, global influence, post-colonial era, youth population.

Abstract

The African continent, once synonymous with poverty and conflict, has undergone a profound transformation since gaining independence from colonial rule after World War II. While still home to many of the world's least developed countries, Africa is experiencing rapid growth and urbanization, with a burgeoning young population that holds the potential to shape global developments in the 21st century. This transformation is marked by increased agricultural lands, industrialization, and the exploitation of natural resources, all contributing to a surge in income and economic development. In contrast to the turbulent events in the northern part of the continent during the "Arab Spring," Africa as a whole is emerging as a relatively stable and economically revitalized region. With its strategic geographical location and rich resources, Africa is transitioning from a continent of wealth and poverty coexistence to a dynamic force on the global stage. This study examines Africa's journey from a history dominated by colonialism to its current status as a fast-developing actor, shedding light on the continent's potential to influence global dynamics and play an active role in the international system.

Published

2023-11-30

Issue

Section

Articles