Namibia"s economy at independence
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Namibia"s economy at independence report on potential Norwegian-Namibian industrial cooperation by Richard Moorsom

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Published by Chr. Michelsen Institute, Dept. of Social Science and Development in Bergen .
Written in English

Subjects:

Places:

  • Namibia,
  • Namibia.

Subjects:

  • Economic forecasting -- Namibia.,
  • Economic assistance, Norwegian -- Namibia.,
  • Namibia -- Economic conditions.,
  • Namibia -- Economic policy.,
  • Namibia -- Politics and government -- 1990-

Book details:

Edition Notes

StatementRichard Moorsom.
SeriesReport / Chr. Michelsen Institute. Department of Social Science and Development,, R 1990:2, Report (Chr. Michelsens institutt. Avdeling for samfunnsvitenskap og utvikling) ;, R 1990:2.
Classifications
LC ClassificationsHC940 .M66 1990
The Physical Object
Pagination79 p. ;
Number of Pages79
ID Numbers
Open LibraryOL1624576M
LC Control Number91170694

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COVID Resources. Reliable information about the coronavirus (COVID) is available from the World Health Organization (current situation, international travel).Numerous and frequently-updated resource results are available from this ’s WebJunction has pulled together information and resources to assist library staff as they consider how to handle coronavirus. Economy - overview: Namibia’s economy is heavily dependent on the extraction and processing of minerals for export. Mining accounts for about % of GDP, but provides more than 50% of foreign exchange earnings. Rich alluvial diamond deposits make Namibia a . Namibia’s president, Hage Geingob, will remain in power in , as will his quasi-socialist SWAPO Party. However, the Namibian political landscape will continue to fragment in as the country suffers its worst recession since independence in (with the coronavirus pandemic causing Namibia's GDP to contract by %). Namibia’s economic freedom score is , making its economy the 96th freest in the Index. Its overall score has increased by points due to an increase in the score for fiscal health.

economic crisis on the Namibian economy. The government has undertaken counter-cyclical fiscal expenditure programmes (mainly of a capital investment nature in economic and social infrastructure). It has also provided tax reliefs and subsidies to selected industries, and to . Figure 2 shows how the composition of Namibia’s economy has evolved over the past decade. Agriculture’s share of gross value added declined from % in to % in The share of industry (including mining) in the economy also diminished, from 35% to 31% over the period. Services. Namibia is currently going through its worst economic downturn since independence. The current economic slowdown can be attributed to a number of factors as summarised below: • Dwindling Sacu. Namibia’s economy is driven by mining and fish processing. Since independence in , exports of diamonds, uranium, zinc and fish products have grown strongly. Most people in rural areas of this vast country, however, remain largely unaffected by these activities. Government policy is to raise per capita income, to develop the private sector and to encourage diversification into manufacturing activities, .

THE impact of the global financial crisis on the African economy has been 'seriously underestimated', and the Namibian economy is no exception. Main Navigation - , - archive-read. Currently, the Namibia Vision is being implemented through a me-dium-term document for national development, called NDP 4. Since the independence of Namibia, social and economic transformation has been observed. The Bank of Namibia’s ninth Annual Symposium Publication reports that economic development is respectable in NamibiaFile Size: KB.   This book analyses the transformation of Namibian society since Independence. Melber explores the achievements and failures and contrasts the narrative of a post-colonial patriotic history with the socio-economic and political realities of the nation-building project. The interlinked issues of poverty, unemployment and inequality (PUI) can be traced back to Namibia’s colonial apartheid legacies and continue to haunt the country since its independence in In the mids, Namibia was regarded as the country with the highest levels of inequality and a File Size: KB.