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For one foreign firm tend to have dominance in whichever sector they enter. For example even though Pakistan and India are known for their food, the local chains have been massively pressurized into submission by foreign chains like Pizza Hut, Burger King Etc.
Secondly Lesotho is also faced with issues like political instability and disease and this is happening in most developing countries as their political environment is never stable and health is not a priority for government.
World Bank and IMF can play an important role by offering loans for industry development and by suggesting monetary and fiscal regulations that would help build a better business environment.
Textile sector has more women workers than men. Mining and agriculture are other important sectors in the economy. Mining used to be a heavy employer with more thanpeople employed in that industry but when South Africa decided to replace half of the workforce with its own people, the employment contribution of mining industry was reduced significantly.
Other major export of the country has been water and South Africa annually pays million rand to get water from Lesotho. The country should invest more in upgrading its agriculture sector because that is an important part of the economy and it should also focus on development of mining industry.
The country can gain competitive advantage in agriculture if it employs latest technology while it can also focus on improvement of hydropower stations and building dams that would allow for higher water exports and also take care of the electricity problems in the country.
Trade Barriers Lesotho initially gained duty free access to European markets under the Lome convention which also helped expand its garment industry as many companies moves from South Africa to Lesotho to avail this access. During the s and early s, the country enjoyed access to U.
For this reason Lesotho was more interested in exporting to European countries than America. By the end of s however the country had no duty-free access to any major destination of the world.
It is scheduled to last till and the purpose of this legislation was to allow African countries duty free access to U.Thinking About Developmental States in Africa Thandika Mkandawire.
One remarkable feature of the discourse on the state and development in Africa is the disjuncture between an analytical tradition that insists on the impossibility of developmental states in Africa and a .
The role of state in economic development is enormous not only as regulator but also in law enforcement, the provision of education, adequate infrastructure until on health.
The achievement of all the government’s role in economic development is depends on the readiness and the government itself. The essay aims at exploring the developmental and cognitive changes that occur starting at the age of fifty years moving through end of life. The developmental changes are easily noticeable or observable, hence not much of literature or scholarly articles have been written about it.
Role of the State This Essay Role of the State and other 64,+ term papers, college essay examples and free essays are available now on rutadeltambor.com Autor: review • March 21, • Essay • 2, Words (10 Pages) • Views.
The government has also played vital role in the developmental state. Japan is the case in point Dore (). Here, the economic role was very different from that of the western.
Role Of Youth In National Development Essay. The term – nation building or national development, is usually used to refer to a constructive process of engaging all citizens in building social cohesion, economic prosperity and political stability in a nation in an inclusive and democratic way.