Problems with Entrepreneurial Government in Africa


 
Principles of Reinvention > Best Practices Premium

Problems with Entrepreneurial Government in Africa
Belay Gezahegn, Director, Ethiopia

Some developing African countries are facing big challenges.
Governments of these countries initiate and spend much on multiple projects like dams, roads, electricity, etc that have a long gestation period. As a result:
1. inflation rises. In order to fight inflation, they cap or impose quota on financing activities of commercial banks, destroying competitive business environment. What is the cure for inflation actually poisons the business.
2. Secondly, in situations where domestic products are more expensive than imports, entrepreneurship dies because imports drive domestic products out of the market. Such situation mainly takes place in countries where the entrepreneurial skills and conscience of the people are extremely low.
3. Thirdly, even though locally produced or created goods are of the same quality in terms of price and standard, the market demand for local products is low merely because they are domestically produced. This is the eff... Register

 
   

 
Lack of African State Roles That Impedes Socioeconomic Development
Zedy Zaidy, Student (University), South Africa
 

 
Problems with Entrepreneurial Government in Africa
alfred hoomlong, Consultant, Nigeria
 

   

   
 

    Do you wish to study further? You can learn more from the summary, forum, discussions, lessons, courses, training, instructions, expert tips, best practices and education sources. Register.  


Special Interest Group Leader

You here


More on Principles of Reinvention
Summary
Forum

Best Practices
  • Problems with Entrepreneurial Government in Africa

Expert Tips

Resources

About 12manage | Advertising | Link to us | Privacy | Terms of Service
Copyright 2017 12manage - The Executive Fast Track. V14.1 - Last updated: 24-1-2017. All names tm by their owners.