Towards a New Development Paradigm for African Economies in the Aftermath of the Financial Meltdown

The objective of this paper was to briefly review development paradigms and their applications to African countries and propose a new development paradigm. Past development paradigms were briefly reviewed. It was showed that The Common thread in all the past development paradigms is that they all failed to consider the recognition of and commitment to The Common Good as the key element without which other initiatives will not bear sustained outcomes. I then put forth a set of conditions/propositions to be implemented for The Common Good to be defined, nurtured, improved, optimized and sustained