Thus any Loan issues will be made in a way that will ensure we default on our payment.
Let me tell you about the sucess story that is Sudan. 1985 the country was experiecning lack of food and starvation had hit the country and it was like it was about to collapse.
The story behind this was the fact that Sudan previously had gone to borrow money from World Bank and thus had gone to the IMF to borrow money,
The IMF as usual accepted to loan Sudan but with strings attached. This period was during the presidency of Jacfar Numeiri.
The IMF had advised Sudan to grow Cotton on its fertile lands that was initialy being used to grow cashcrops( such as sugar cane that was being exported to countries such as Kingdom of Saudi Arabia and was fetching good returns) and other crops like wheat.
They (IMF)told them that it was a mervalous idea as it would fetch better returns if they sold the cotton in the international markets. They accepted the offer as they badly needed the money hence most of their lands they grew cotton. The problem starts here to grow cotton it takes the trees close to a decade to mature and thus they had to wait for it for like 8 years before they started to havest . On the D-Day they were exicited and anticipating alot of money generated from the scheme.
When they took to market the products in the international markets thats when the real game started.
We all know who regulates these kinds of markets and thus when they tried to sell the cotton in a way that they would incoporate the profits into the price they were actually dismayed when the folks told them that the cotton they were selling would be bought at this price? I mean come on they had waited for close to 8 years realising no profit within this period and surely this crop was meant to sustain them and more over it was the IMF(International mothers & Fathers/Internationa manufacturing Fund
) had advised them.So they sold the cotton at very low prices and I do beleive it was lower than the break even. Thus the wooes of obidience to to the Imperialists started. Sudan was hit by famine and the country that wqas exported as I said Sugar was know facing food shortage and in the media you would see images of malnutritioned folks.
When Albashir and Turabi took over they said enough is enough mind you at this time there was no South Sudanees insurgency/rebellion. Albashir transformed the country and said we do not need any aid and his motto was 'We eat what we produce and wear what we produce' in short we will not depend on importation
.Thus they implimented this strategy by the way the culture of the sudaneese was that they were very lazy and hated intensive labour. But overtime they adapted and the transformation kicked in.
. When it turned out into a sucess story and Sudan started to recover from its woes then US missionaries came in and start funding the Animist South.After they converted few adherents the international media started claimming that the North which is predominantly Muslims was oppressing the South which was predominantly 'Christians' . The SPLA was created and obvious like any other sovereign state the Govt had to quell the rebellion.Thus the story turned into a muslm vs christian inferno.
Giving christian groups the right to fund raise and support the south(mind you even today (2010) the Southeners are predominantly Animists). Hence alot of neighbouring countries such as Kenya played the lions share in the distabilisation.
Thus the game was since Sudan had recovered from its economic woes and had refused to be regulated(accepting Aids) then the war would exhaust any of its efforts and would make it come back and beg for mercy and be inline just like other third world countries.
The good side of this story is the crops they grew become a surplus and thus they exported it to other countries such as the ME and they started earning a foreign exhange on it . by this time it was I guess on the mid 90's and the story that was making headlines in the Sudan around the globe was that the Northern Arabs were persecuting the Southern Christians.
In 1998 Sudan started exploiting oil and you would see Khartoum slowly turning into a beautiful city with buildings and roads being constructed by Chineese firm who had taken both the oil exploration contract and the regeneration of the city.
When John Garang realised that he could not defeat the north he accpeted a peace deal in order to save his folks.The US were not happy with this and when John went to visit his old pal Museveni to discuss the future relations he never returned as his journey back he died when his plane mysteriously crashed.
Then by know the Story of Dafur started comming up and as we know it wasn't Heplful helpfu; either.
I would have continued about this but lets stop here and when we make a comparative case study of this we find out that it is strikingly resembling Somalia but in a different way.
