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I am working on a research project to find some facts and figures for the above mentioned question. This could be a big question , but we can have few approach from every angle; such as infrastrucutre, water management, health management, land management, political approach, macro-financial approach, educational approach so on, any tips, ideas, questions which could lead to some further discussion are welcome

2006-10-18 15:19:28 · 3 answers · asked by LEPRAMALEL 1 in Social Science Economics

3 answers

There is no "best way", there might be a comprehensive strategy that includes all aspects of development, including societies, political and cultural changes.
Historically, there's never been any successful development process without a "Big Push", a massive flow of capital, whether from domestic or regional origin (high saving rates in South Korea for example) or external (the Marshall Plan for Europe for example).

Historically again, free trade has worked only in very specific condition and once countries had built a comparative advantage by protecting certain sectors of their industries.
Moreover, as long as commodities world prices are kept low by subsidies to farmers in the US or in Europe, free trade can't be a solution at all.
Property rights can be important, but there should also be an agrarian reform if needed, and it shouldn't be destroying mechanisms that help communities to cope with uncertainty (usually redistribution mechanisms, through mutualisation of risks).

A quite fashionable tool for sub-saharian development is regional complementarities, through regional unions, but the only one working propperly is the one around South Africa, but this could definitely give you some leads for further researches.
Good luck.

2006-10-18 20:43:03 · answer #1 · answered by boulash 4 · 0 1

2 things that are vital:

1-PRIVATE PROPERTY RIGHTS
>>Few people seem to understand the necessity of this. When Robert Mugabe confiscated private farms, he causes a famine.
If you want a great book (lots of data if I recall correctly) as a source on the importance of private property rights:
The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else
by Hernando De Soto
http://www.amazon.com/Mystery-Capital-Capitalism-Triumphs-Everywhere/dp/0465016146/sr=8-3/qid=1161227163/ref=pd_bbs_3/002-7870909-1100821?ie=UTF8&s=books
(It will likely be at the library.)

2-FREE TRADE (US & European farm subsidies are killing Africa)
http://www.oxfam.org.uk/what_we_do/issues/trade/bp31_dumping.htm
http://www.washtimes.com/business/20031207-114046-8545r.htm
http://www.mindfully.org/WTO/Subsidies-Hurt-Poor-Akande19oct02.htm
http://www.reason.com/0602/fe.dg.six.shtml
http://www.zmag.org/Sustainers/Content/2005-11/24sharma.cfm
http://www.ipsnews.org/news.asp?idnews=32906

AND an interview of a Kenyan economist that everyone should read for a different and important viewpoit:
http://www.spiegel.de/international/spiegel/0,1518,363663,00.html

Enjoy
Good luck on the project

.

2006-10-18 16:08:37 · answer #2 · answered by Zak 5 · 0 0

that's right down to underlying attitudes to materialism to 3 quantity in accordance to professionals. traditionally protestant international places outran Roman Catholic international places economically for comparable motives. in spite of the undeniable fact that that's an rather wide generalisation. Why you have various emotional solutions to a wonderfully valid assertion i don't comprehend. Failure to earnings data dispassionately leads to destructive issues.

2016-12-26 22:54:44 · answer #3 · answered by Anonymous · 0 0

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