The inverted funnel from the abundant developed countries designed to boost and encourage the economies of the countries that are still developing is at a spot of bother now, as their preparation to participate in the global marketplace has gone from being cinched to being closed off all together as the big boys scrabble to put out their fires at home. The huge giant elephants of the leading world powers have been moderately supportive to those developing societies with conditions, hence folding them into their shadow. But now that they have started faltering, will they follow suit or become taller than their benefactors?
South Africa, for most of its history, has been that shadow of one or more lumbering giant elephants. The British and the Dutch having established their colonies, capitalized on the natural resources, mining and people. It prides itself at one time the movement of human cargo from several distant countries as well as just over their borders. As attempts to adopt various trade policies, and be taken as a serious trade partners crash, these people have found themselves often lagging too far behind to be beneficial to them as well as putting them in unfavourable light and public opinion constantly. Domestic splintering with the various tribes or other groups has been resulted in the so called separate and definitely not equal provinces. Despite the mountainous charges in their human rights changes in the last few decades, old wounds run deep as memories prove that much work still needs to be done.
Their own imposed societal mandates wasn’t helping in their quest bring about self-governing in the eyes of the global community which insisted that the country still needed someone to lead them by the hand. But on their own doorsteps, they have taken initiative to expand upon an existing relationship they have with the European Union, to move from being the second tier trade partnerships with the forming of the South African Development Agency to work directly on the domestic and global marketplaces relationships.
A couple of the stepping stones that has boosted the economy is the fact that South Africa is key destination for much of the importing/exporting routes for China as well as a working membership into the Brazilian, Russian, Indian, China trade union. They just need to maintain a good domestic as well as global economic stability in order to receive the benefits from such an alliance. As part of this effort, they have vowed to proactive honour their commitment to the Millennium Development Goal as far as the human and societal rights are concerned and the Growth Path Framework for infrastructure improvements. Strides made on both programs will definitely prove their standing in the international marketplace.
South Africa has made a good start as they improve their footing into the global marketplace but are still in a rather fragile place. How much will be effected by the monetary upheavals within the European Union and the Euro as well as the US dollar remains to be seen.