With the state of the African economy amidst large amounts of human and natural resources, corruption seem to hinder development. Should there be a shift to a technocratic economy which might drive development?
Technology can be helpful in dealing with the menace of corruption but with some certain limitations. And one of which is the intention of the government who actually will be the major agency and stakeholder in the adoption of technology in the governance process.
http://aynrandlexicon.com/lexicon/democracy.html
It is worth to consider the opinion of Ayn Rand, concerning your query.
Economic freedom is the best key for development, not technocratic planning agency.
https://www.heritage.org/index/
This article examines the viability of Gilley’s (Policy Sci 50:9–22, 2017) attempt to resolve the conflict between “technocracy” and democracy. Gilley’s solution relies on the objective qualities of a policy to assign it to its appropriate “sphere”: Highly technical problems are best addressed by experts, while those marked by technical uncertainty can be handled by democracy. This article argues that such a solution will not be stable under current political conditions. We must recognize that various forms of corruption of expertise have contributed to today’s populist reaction against experts. The challenge of reforming expertise and mitigating mistrust of experts is a “divergent” problem, which requires ongoing balancing, and does not admit of a once-and-for-all solution...
Article “Technocracy,” democracy … and corruption and trust
The richer the country's resources, the poorer and more miserable are its people. This is the law of capitalism. So in Africa, as in Russia, oligarchs will reign. Not democracy, but cryptocracy.
A bureaucracy that is run by technologists is technocracy. A government in which elected officials appoint experts and professionals to administer individual government functions and recommend legislation can be considered technocratic. Because this looks more workable in a corrupt society, I think technocratic government is the way to follow.
The more technologically advanced the society, the richer the people will be and the more varied and diverse their activities.
This will lead to greater freedoms and democracy.
Democracy is linked to trade and production and invention.
Democracies are economies on high speed.
