For the Business and Globalization class the attached is your assigned case. You have to prepare a report and a short video explaining how at least 3 of the topics covered in class relate with this business case

NOTE TO READER: This case is current as it dates to early 2015. While it provides an overview of the region, the case be updated, as well. Democracy and Economic Development in Sub-Saharan Africa For decades, sub-Saharan Africa was the poorest region world. Dominated by largely autocratic governments, mar them military dictatorships that were rife with corruf economic growth was meager and poverty endemic. For the of their exports many African countries were overly deper on basic commodities such as oil, minerals and agricul products. When commodity prices were high, those in took much of the gains for themselves, amassing large per: fortunes while the bulk of the population languished in crus poverty. When commodity prices fell, these nations cou service the debt that the government had taken on in good ti With their currencies collapsing, foreign exchange res exhausted, and economic growth turning negative, they had to seek help from the IMF. The last 25 years, however, have seen some promising chal On the political front, democracy has started to gain hol 1990 just 3 of the countries in the region were classifice electoral democracies. Today 19 of the 49 states in sub-Sat Africa are elected democracies. In early 2015 the most popu country in the region, Nigeria, recorded a major landmark for the first time power was transferred peacefully afi general election. Many of these democracies, however, re imperfect. The military often looms in the background, step in to enforce its will during troubled times, and accusation electoral fraud are widespread. Freedom House, which mor freedom worldwide, estimated that today only 10 countri the region enjoy full political and civil liberties, whereas freedoms are still denied in 21 countries. Notwithstanding the imperfect march toward democracy il region, improvements in governance have helped stim economic growth. Significant steps have been taken in se nations to tackle endemic corruption, introduce econ reforms designed to free up markets, reduce state control many sectors, and make it easier for entrepreneurial Africa start businesses Recomandasank-report titled "C NOTE TO READER: This case is current as it dates to early 2015. While it provides an overview of the region, the case be updated, as well. Democracy and Economic Development in Sub-Saharan Africa For decades, sub-Saharan Africa was the poorest region world. Dominated by largely autocratic governments, mar them military dictatorships that were rife with corruf economic growth was meager and poverty endemic. For the of their exports many African countries were overly deper on basic commodities such as oil, minerals and agricul products. When commodity prices were high, those in took much of the gains for themselves, amassing large per: fortunes while the bulk of the population languished in crus poverty. When commodity prices fell, these nations cou service the debt that the government had taken on in good ti With their currencies collapsing, foreign exchange res exhausted, and economic growth turning negative, they had to seek help from the IMF. The last 25 years, however, have seen some promising chal On the political front, democracy has started to gain hol 1990 just 3 of the countries in the region were classifice electoral democracies. Today 19 of the 49 states in sub-Sat Africa are elected democracies. In early 2015 the most popu country in the region, Nigeria, recorded a major landmark for the first time power was transferred peacefully afi general election. Many of these democracies, however, re imperfect. The military often looms in the background, step in to enforce its will during troubled times, and accusation electoral fraud are widespread. Freedom House, which mor freedom worldwide, estimated that today only 10 countri the region enjoy full political and civil liberties, whereas freedoms are still denied in 21 countries. Notwithstanding the imperfect march toward democracy il region, improvements in governance have helped stim economic growth. Significant steps have been taken in se nations to tackle endemic corruption, introduce econ reforms designed to free up markets, reduce state control many sectors, and make it easier for entrepreneurial Africa start businesses Recomandasank-report titled "C