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Prior to the freeing of Nelson Mandela and ending of apartheid in 1990, Africa was considered a dark continent, burdened by its history of slavery and colonial domination, and a laggard in world affairs. Today, it is viewed as a new frontier in the relentless march of globalisation, a rising lion that seeks to compete with Asian tigers.
POLARISATION is the deep divisions within society. We see this in every opinion poll where the majority of the population is almost equally divided between those who agree to stay with the status quo and those who want to change it. In between are the Tea Parties or the radical minority, whose views are much more extreme, but they help shape public opinion, which is both undecided and confused at the same time.
NOW that Christine Lagarde has announced her resignation as managing director of the International Monetary Fund (IMF), German chancellor Angela Merkel says Europeans “again” have a “claim” to fill what is arguably the world’s most important economic job. Merkel is invoking a decades-old political deal, which gives Europe the IMF leadership in return for allowing Americans to run the World Bank.