economic growth

Somalis need Stop Being a Liability and Start Contributing Let’s get real—if Somalia wants peace and decent living conditions like the West, it has to stop being a burden on the world. Right now, Somalia’s natural resources are sitting there, underutilized, while the country begs for help and...

This is an SL economist who works as an advisor for SL finance minister, he was also part of the committee that do a research on SL-Ethiopian trade relations, SL exports from Ethiopia more than it is GDP,. which is only 411. What is interesting about this interview is also that the economist...

What do you think are the key determinants of a country’s economic and social development? Life in modern-day society is complex. It requires numerous complementary ingredients and, if just one of them is missing, it will have huge negative effects. Thus, two equally poor countries may suffer...

Woodworking if managed correctly can easily save the economy of Somalia. Here is why: 1. Cool stuff can be made out of it 2. Because of cool stuff, people will want to make and be able to sell and buy more stuff, resulting in revenue feedback loops. 3. Helps econominally remove invasive...

I have always said that Somalia is in a Malthusian Trap. https://www.somalispot.com/threads/somalia-is-in-a-malthusian-trap.19517/ All increases in GDP are being swallowed by even faster population growth. GDP grew by an average of 2.9% from 2013-2017, but GDP per capita fell by 5.5 in the same...