Money Matters: An IMF Exhibit -- The Importance of Global Cooperation

Globalization and Integration (1989-1999)

Part 4 of 8

Conflict &
(1871 - 1944)

Destruction &
(1945 - 1958)
The System
In Crisis

(1959 - 1971)
the System
(1972 - 1981)
Debt &
(1981 - 1989)
Globalization and Integration
(1989 - 1999)

Progress In Africa

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The 1990s have been a decade of progress for Africa. In South Africa, apartheid was eliminated and democratic elections brought in a multiracial government under Nelson Mandela. Since 1994, the economies of the sub-Saharan African countries have been growing an average of 5% a year. Much remains to be done, however, to improve infrastructure, increase investment, raise health and living standards and meet the challenge of globalization.

Transkei, South Africa



Transition to the Free Market Collapse of the Soviet Union Recovery From Debt Progress in Africa
Asia in the 1990s European Economic Unity The New Millennium Looking to the Future

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