Friday, August 5, 2011

How Can The 'African Gorillas' Become A Force In The Globalized Economy

80 in the world economy was fueled by the Asian Tigers. The export-led economies in their countries has created a strong middle class. Today, we want to do the same thing that the African apes. African gorilla in the global economy has the potential to become significant players. How do we develop the African apes are trying to use Rwanda as an example. Western aid to Africa in the past 4 decades, has spent over 1 trillion dollars. This created strong economies because the aid does not create jobs. It creates dependency. Job creation is important for a country like Rwanda. Half of its population is under 18. If Rwanda is to create a middle class, is focused on job creation. The government can not keep all these people. As long as there are jobs, eventually will develop civil unrest. Through investment and force out private entrepreneurs Technlogy, especially the use of social media means that Rwanda's desire to develop the rest of the African gorilla.

Rwanda Investment and eschews desires assistance, makes half of the current budget support in Rwanda. A driver of economic investment and support the economy saps. Mistakes that they make a lot of third world countries receive foreign aid. Foreign aid, because it does not work does not create.

Rwanda to create a middle class has some serious limitations. It is landlocked and largely deforested, and its population of 90% subsistence farmers.

President Kagame is a lofty goal. The gross domestic product (GDP) over-promote, find jobs to pay for half of Rwanda's subsistence farmers, wants to quadruple the per capita income is approximately $ 900, and the technology to turn our country into the African Union, 2020 all. Creating a strong technical basis is important for Rwanda and the rest of the African gorilla. Rwanda in 2012, science and technology is committed to 5% of its GDP.

Rwanda's strategy revolves around brand reversal. Leading entrepreneurs from the West to invest in this strategy, successful experience in Rwanda, and attract new investors, including through networking. Social media is a critical component for the development of African gorillas. Facebook on your site, the world's fourth is approx.

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