{"id":461793,"date":"2018-08-09T11:45:35","date_gmt":"2018-08-09T10:45:35","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=461793"},"modified":"2018-08-09T11:45:35","modified_gmt":"2018-08-09T10:45:35","slug":"africa-must-advocate-economic-nationalism-to-face-capitalists-makhtar-diouf","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/08\/09\/africa-must-advocate-economic-nationalism-to-face-capitalists-makhtar-diouf\/","title":{"rendered":"Africa must advocate economic nationalism to face capitalists (Makhtar Diouf)"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Professor Makhtar Diouf denounced Tuesday, August 1st in Dakar, protectionist practices implemented by developed countries to distort the terms of international trade.<\/p>\n<p>In a context of globalization and &#8220;trade war&#8221;, Africa must use &#8220;economic nationalism&#8221; to avoid marginalization and be the eternal supplier of raw materials, he said.<\/p>\n<p>In a statement published on the sidelines of the program day of the Economic and Monetary Research Laboratory (LAREM), held on July 31 in Dakar and whose theme is &#8220;cross-views on the Senegalese economy,&#8221; Samir Amine&#8217;s disciple largely reverted to the concepts of globalization, economic nationalism and new measures of developed countries to absorb those of weak economies.<\/p>\n<p>For him, it will be necessary to make Africans aware of the danger of globalization, which &#8220;constitutes a new approach to plunder the continent&#8217;s resources&#8221;. In his paper &#8220;Economic Patriotism, Economic Nationalism and Globalization,&#8221; the academic said, &#8220;The two terms economic patriotism and national preference are equivalent. The second reinforcing the first. Economic patriotism is reinforced by the idea of \u200b\u200bnational preference, which can be summed up in one term, economic nationalism, which has long been used in economic literature.<\/p>\n<p>&#8220;The old idea of \u200b\u200bancient practices was put back into the political debate by Dominique de Villepin, when Prime Minister of France, he declares September 23, 2005, &#8221; I wish to gather all our energies around a true economic patriotism, &#8220;he said.<\/p>\n<p>And to continue: &#8220;the interest and the topicality of the subject are such that the academic magazine of the political economy published in Paris devotes a whole number to him under the title which economic patriotism&#8221;.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Professor Makhtar Diouf denounced Tuesday, August 1st in Dakar, protectionist practices implemented by developed countries to distort the terms of international trade. In a context of globalization and &#8220;trade war&#8221;, Africa must use &#8220;economic nationalism&#8221; to avoid marginalization and be the eternal supplier of raw materials, he said. In a statement published on the sidelines<\/p>\n","protected":false},"author":536116,"featured_media":461794,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12046],"tags":[12322,15268],"class_list":{"0":"post-461793","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-leaders-en","8":"tag-africa-en","9":"tag-makhtar-diouf","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Africa must advocate economic nationalism to face capitalists (Makhtar Diouf) - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2018\/08\/09\/africa-must-advocate-economic-nationalism-to-face-capitalists-makhtar-diouf\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-09T10:45:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2018\/08\/dsc_3412-e1533202076824.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"270\" \/>\n\t<meta property=\"og:image:height\" content=\"180\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ibrahima jr Dia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ibrahima jr Dia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/09\\\/africa-must-advocate-economic-nationalism-to-face-capitalists-makhtar-diouf\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/09\\\/africa-must-advocate-economic-nationalism-to-face-capitalists-makhtar-diouf\\\/\"},\"author\":{\"name\":\"Ibrahima jr Dia\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/88162c0907e002fa8ac009b2b76b08c6\"},\"headline\":\"Africa must advocate economic nationalism to face capitalists (Makhtar Diouf)\",\"datePublished\":\"2018-08-09T10:45:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/09\\\/africa-must-advocate-economic-nationalism-to-face-capitalists-makhtar-diouf\\\/\"},\"wordCount\":272,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/09\\\/africa-must-advocate-economic-nationalism-to-face-capitalists-makhtar-diouf\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/dsc_3412-e1533202076824.jpg\",\"keywords\":[\"Africa\",\"Makhtar Diouf\"],\"articleSection\":[\"Leaders\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/09\\\/africa-must-advocate-economic-nationalism-to-face-capitalists-makhtar-diouf\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/09\\\/africa-must-advocate-economic-nationalism-to-face-capitalists-makhtar-diouf\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/09\\\/africa-must-advocate-economic-nationalism-to-face-capitalists-makhtar-diouf\\\/\",\"name\":\"Africa must advocate economic nationalism to face capitalists (Makhtar Diouf) - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/09\\\/africa-must-advocate-economic-nationalism-to-face-capitalists-makhtar-diouf\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/09\\\/africa-must-advocate-economic-nationalism-to-face-capitalists-makhtar-diouf\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/dsc_3412-e1533202076824.jpg\",\"datePublished\":\"2018-08-09T10:45:35+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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