Boosting Somalia’s gdp

[johnsepei5]

Share your ideas

 

[Aurelian]

1 - ban khat

 

[DR OSMAN]

Find out every supplier of high priced products across the continent and work out if the nation can do it cheaper while profitable. Adopt the indian scholarship model to the west, teach our students the 'skills' the west r in shortage of, their plenty of shortage sector lists in each country in the west, gather the data, and begin training required and then establish bilateral ties exporting those skills they need. Aged care is a big one to grow due to longer life spans in the west.

 

[convincation]

Step 1) Stability

 

[DR OSMAN]

@Rationale tiisa ayuusan ogayn kaygana buu ka hadlaya doqonkani 69 IQ islamkisa la ordayo, his like the somali politicians who cant even keep their house in order n go to somalia sayin their gonna fix it, his the same as them only on the religious side

 

[Somali Saayid]

Step 1;

Ban the taxi driver politicians.

 

[DR OSMAN]

Ban the taxi driver politicians.

I used to laff when somali males wud run to somalia sayin their going to fix it, when u look at his own home, he cant even lead that properly with all the single mothers. I think Somalis now do character checks on leaders

 

[Somali Saayid]

I used to laff when somali males wud run to somalia sayin their going to fix it, when u look at his own home, he cant even lead that properly with all the single mothers. I think Somalis now do character checks on leaders

They gather a couple thousand dollars whilst in Europe or America and then run for President of a FMS.

 

[DR OSMAN]

They gather a couple thousand dollars whilst in Europe or America and then run for President of a FMS.

Their also hypocrites only muslim 4 social reasons not real belief behind it or else why is our parliament a casino, putting bets n money behind leaders n making them compete. That's pure gambling and the mockery they do on top of that with the quran 'oath' while in a damn casino parliament.

 

[Aurelian]

Find out every supplier of high priced products across the continent and work out if the nation can do it cheaper while profitable. Adopt the indian scholarship model to the west, teach our students the 'skills' the west r in shortage of, their plenty of shortage sector lists in each country in the west, gather the data, and begin training required and then establish bilateral ties exporting those skills they need. Aged care is a big one to grow due to longer life spans in the west.

That Indian thing is a disaster for small countries, especially if it a poor one. India has over 1 billion and half person, millions of them are in Tech. They have surplus, that is why the top of the top migrate and settle in the west, those expert were educated and trained by India and end up living in the west. A huge loss for capital.

The thing that I'd scare of if I sent the top student to get higher studies in EU is that they will settle there, especially those who study in health care system. Sending them and providing for them while they study will be on the state, and when they graduate, the hungry EU for health workers will snitch them from you.

 

[Mr. Wabrii]

Lets start with

1. Consumer spending /Business investment. If More Somalis return from the West and they start buying homes, for example,

a. Home builders, contractors, and construction workers will create economic growth. Businesses also drive the economy when they hire workers, raise wages, and invest in growing their business.

A company that buys a new manufacturing plant or invests in new technologies creates jobs, ect

2. Banks/Loans

a. Banks, for example, lend money to companies/ consumers. When people and businesses have access to credit, they might finance a new production facility, Buy a new House, Buy Farmland, buy a new fleet of trucks, or start a new product line or service.

The spending and business investments, in turn, have positive effects on the companies involved. However, the growth also extends to those doing business with the companies, the bank employees and the truck manufacturer, the people taking loans, ect

3. Infrastructure including roads, bridges, ports, and sewer systems.

a. Infrastructure spending and having top-notch infrastructure increases productivity by enabling businesses to operate as efficiently as possible. For example, when roads and bridges are available in plenty and in working order, trucks spend less time sitting in traffic, and they don't have to take longer routes.

 

[reer]

Lets start with

1. Consumer spending /Business investment. If More Somalis return from the West and they start buying homes, for example,

a. Home builders, contractors, and construction workers will create economic growth. Businesses also drive the economy when they hire workers, raise wages, and invest in growing their business.

A company that buys a new manufacturing plant or invests in new technologies creates jobs, ect

2. Banks/Loans

a. Banks, for example, lend money to companies/ consumers. When people and businesses have access to credit, they might finance a new production facility, Buy a new House, Buy Farmland, buy a new fleet of trucks, or start a new product line or service.

The spending and business investments, in turn, have positive effects on the companies involved. However, the growth also extends to those doing business with the companies, the bank employees and the truck manufacturer, the people taking loans, ect

3. Infrastructure including roads, bridges, ports, and sewer systems.

a. Infrastructure spending and having top-notch infrastructure increases productivity by enabling businesses to operate as efficiently as possible. For example, when roads and bridges are available in plenty and in working order, trucks spend less time sitting in traffic, and they don't have to take longer routes.

somalia lacks vocational education and training --> clogged up universities--> surplus of graduates. lack properly trained plumbers etc.

 

[DR OSMAN]

Lets start with

1. Consumer spending /Business investment. If More Somalis return from the West and they start buying homes, for example,

a. Home builders, contractors, and construction workers will create economic growth. Businesses also drive the economy when they hire workers, raise wages, and invest in growing their business.

A company that buys a new manufacturing plant or invests in new technologies creates jobs, ect

2. Banks/Loans

a. Banks, for example, lend money to companies/ consumers. When people and businesses have access to credit, they might finance a new production facility, Buy a new House, Buy Farmland, buy a new fleet of trucks, or start a new product line or service.

The spending and business investments, in turn, have positive effects on the companies involved. However, the growth also extends to those doing business with the companies, the bank employees and the truck manufacturer, the people taking loans, ect

3. Infrastructure including roads, bridges, ports, and sewer systems.

a. Infrastructure spending and having top-notch infrastructure increases productivity by enabling businesses to operate as efficiently as possible. For example, when roads and bridges are available in plenty and in working order, trucks spend less time sitting in traffic, and they don't have to take longer routes.

As for the banks I hope they do their deligent research on new start ups as most fail in the first 5 years, they have to weigh up their risks also so they don't lose money. We really need top notch economist n finance advisors providing intel to banks n govt on the quickest route to increase our wealth.

Also Remember the nation's time-effort n where it's placed is huge factor on financial results. Time is being calculated on 12 month 'cycle', Labor effort is being measured, if they r putting it all producing bananas when we know the shit costs 1 dollar a kilo, we can measure how much wealth grew yearly, it's a pittance

 

[Somali Saayid]

somalia lacks vocational education and training --> clogged up universities--> surplus of graduates. lack properly trained plumbers etc.

Thats the problem everyone wants to be a businessman, doctor, activist and lawyer but no one wants to do the job that require strength and hard work.

 

[DR OSMAN]

I think it's critical economist/financial advisors direct the country on where we can maximize time/effort into products with 'high resale value' as the value-chain will all eat well in the process. Stick to non perishable items, at least it can be stored in local/regional/global down-turns.

 

[DR OSMAN]

@Mr. Wabrii It's funny when u follow the value-chain for africa natural resources before it hits the global market, if u follow the chain from site-transport-refinery-wholesale-retail, u will see a consistent approach to keep site-transport guys at the 'bottom' feeder 1 dollar a day, while the final product price is thousands of dollars, that's a huge 'gap' of value being denied to them, even tho the 'location' for such item is 'uniquely' limited but their govt simply do not do their diligent work presenting these facts to investors

 

[Mr. Wabrii]

somalia lacks vocational education and training --> clogged up universities--> surplus of graduates. lack properly trained plumbers etc.

Yes this is why we need Trade Schools/Universities
Plumbers, Eletrictions, Manufacturing Planning, Factory Managers, Port and logistics Managers, ect

We have one of the Youngest Populations, and alot of University Students don't mind doing jobs outside their field of study as long as it provides them with good income.

Having Students and others take part in the Rebuilding Phase will create thousands of jobs.

 

[Ragaasi]

When it follows true free market capitalism.

 

[DR OSMAN]

Yes this is why we need Trade Schools/Universities
Plumbers, Eletrictions, Manufacturing Planning, Factory Managers, Port and logistics Managers, ect

We have one of the Youngest Populations, and alot of University Students don't mind doing jobs outside their field of study as long as it provides them with good income.

Having Students and others take part in the Rebuilding Phase will create thousands of jobs.

If u elect me as president of somalia, i will tell my economist n financial advisors every investor must bring me their 'value chain' and actors involved, global market price points, country to country price points, and we r gonna split that 'share' of the value pie using an agreed formula, depending on how 'unique' our natural resources are, quality grade, other suppliers locations of it and their value chain, we will come up with a realistic 'ratio' sharing. We ain't gonna be pimped like africans

 

[Mr. Wabrii]

If u elect me as president of somalia, i will tell my economist n financial advisors every investor must bring me their 'value chain' and actors involved, global market price points, country to country price points, and we r gonna split that 'share' of the value pie using an agreed formula, depending on how 'unique' our natural resources are, quality grade, the global locations of it and their value chain, we will come up with a realistic 'ratio' sharing. We ain't gonna be pimped like africans

Well you should go work for the FSG, if you can get a job as a policy maker/Advisor you can do more help. Presidents dont do shit except get people to do work and when the work isnt done you will get upset. Somali will stress you out as a leader, you can do more as a Advisor, or working in a Ministry