Problems with Entrepreneurial Government in Africa

12manage is looking for contributors...


 
Principles of Reinvention > Best Practices Premium

Problems with Entrepreneurial Government in Africa
Belay Gezahegn, Member
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
 

 
Problems with Entrepreneurial Government and Development in Africa: Infrastructural DeficienciesSign up
tunde adeleye, Member
Apart from the points list above, another challeng...
 

 
Lack of African State Roles That Impedes Socioeconomic DevelopmentSign up
Zedy Zaidy, Member
Most of African governments have failed to create ...
 

 
Problems with Entrepreneurial Government in AfricaSign up
alfred hoomlong, Member
Lack of proper coordination by government regulato...
 

 
Is This Politico-, Securo- Entrepreneurial Government? Oh, Africa Wake Up!Sign up
Zedy Zaidy, Member
There are 3 Roles of a State in terms of produc...
 

 
 

  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 / Cite us | Privacy | Suggestions | Terms of Service
2018 12manage - The Executive Fast Track. V14.1 - Last updated: 17-7-2018. All names of their owners.