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Namibia: Economic Vision Renewal

WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.

Original Post Date: 2010-07-30 Time: 16:00:07  Posted By: News Poster

By David Adetona

Windhoek – Namibia’s growing economic imbalances have resulted in widespread crime, corruption, poverty, alcohol abuse, high unemployment, destruction of the environment, suppression of human potential and HIV/AIDS epidemic.

There is a need for government to take steps towards a radical re-think in the way it supports economic development.

Government needs to concentrate its efforts and resources in areas where it has the greatest degree of control and where its impact will be most felt.

Economic vision renewal should set out the role government plays in providing the best conditions and framework that encourages entrepreneurship, and for the private sector to grow and flourish as well as supporting the attraction of international investment and encouraging international trade.

Government resources should be spent on infrastructure development, research, improving and creating the right environment for business to succeed and maximising the potential of the nation’s capital in delivering economic prosperity.

In collaboration with the legislative body, civil society and the private sector, government should develop detailed strategic and operational plans that attracts private sector development with foreign investment and can create an environment for strong and sustained economic growth.

A whole government approach will be needed in the creation of a long-term roadmap for economic progress for the country through the establishment of a common framework aligning all policies and plans, and fully engaging the private and public sector in their implementation.

Priorities on equal ground and most efficient private public partnership where responsible decision makers are local and foreign partners in manufacturing and industrial cooperation to expand the role of public and government will be important for economic vision renewal in Namibia.

If government wishes to retain control over its own affairs, if it wants to develop a sustainable, productive economy, or if it wishes to build a productive economy, then it has to dispel the myth of an ineffective tribal self-government.

According to an International Association of Outsourcing Professionals (IAOP) report, outsourcing is a natural evolution of how the global marketplace operates today and follows successful waves of economic transformation in the past.

Outsourcing epitomises the quintessence of true globalisation with services being provided where they are efficiently and economically produced, and delivered where they are most needed and valued.

To me, it is the key missing element in vision 2030, which has helped to position emerging economies such as South Africa, Brazil, Singapore, Malaysia, China, India, Russia, Ireland, Philippines, Poland Romania and Czechoslovakia.

The driving factor behind the development of outsourcing has been the need to cut costs while the enabling factor has been the global electronic internet network that allows digital data to be accessed and delivered instantly from and to almost anywhere in the world.

The main factors influencing the beginning of outsourcing movement were a combination of pressures to reduce labour costs, save on operational costs such as payroll, administrative costs, utilities and to improve productivity and expanding economical labour in other countries and Namibia.

According to the IAOP’s report, the global outsourcing industry is worth over US$1 trillion each year and India is gaining a market control of about US$50 billion, China is getting a market of US$15 billion while other countries get a market revenue of over US$1 billion.

Namibia need to align her economic strategy with other world economies through outsourcing because I do realise that both developed and developing countries are using outsourcing as a global vehicle to attract investment and boost their economies.

And to ensure that Namibia becomes a potential emerging destination of outsourcing, there is a need for the government to establish a Namibia Outsourcing Agency (NOA) with the power to regulate all outsourcing business in Namibia and foreign countries.

I am sure that there is potential for the government to start taking steps towards the direction of building a progressive economic vision renewal because such a vision will open doors and produce realistic scorecards that can govern the process of broad-based economic transformation and empowerment.

Original Source: Namibia Economist (Windhoek)
Original date published: 30 July 2010

Source: http://allafrica.com/stories/201007300836.html?viewall=1