PL Rural Economy
- Thread starter DR OSMAN
- Start date
It's the only sector alive in Somalia in terms of productions of goods and the amount of people employed in it is very high. Their is estimates that range from 60-80% of the Somali population. So this is our hard currency in terms of what we produce. We are very 'rural' based economy. I hope the economist come in and create a 'strong urban production economy with thriving service sector' At the the moment we do have 'service' sectors but a service sector is for 'consumption' and consumption requires people have jobs first. So a service sector isn't possible untill people are employed in the cities.
The question is which sectors do we employ them into. I am against 'factories' for PL. Maybe for the south since their in a 'farming' societies, so it could work for them to transfer their city folks into factories, because the produces of agriculture is very cheap and time intensive, so let them be our factory slaves on time intensive low end production, they are already used to anyways, why change them? Or just let china do that for us and skip low-end production and just 'import' that shit. Even the west doesn't bother with it anymore the low end items in factories, it's gone to china. They already doing it, why copy it and reproduce the effort of china in Somalia when China has the world market and sends it's goods to every country. We won't have a market scale like that anyways, our economy will produce nothing. 80 million people in ethiopia isn't a big market to change our economy. If you wanna produce shitty low cost items in factories and sell it to 80 million in China, you are still limited to GDP facts which is the produce cost x 80 million. They use the same formula they 'cost' the item you produce and the market scale you have and they can tell how much your 'maximum' production value is. You will be listed as LOW GDP NATIONS AT ALL TIMES.
The only way to beat this is to keep the expensive products you import and 'make' them in your country like furniture is a good one for PL, they can develop these trade skills quickly. Boats is another one which Bosaso does. You making 'expensive' products so the GDP calculations will work in your favor it will be 200 product now which will change your GDP calculations in comparison to 2 dollar product your making in a factory.
The question is which sectors do we employ them into. I am against 'factories' for PL. Maybe for the south since their in a 'farming' societies, so it could work for them to transfer their city folks into factories, because the produces of agriculture is very cheap and time intensive, so let them be our factory slaves on time intensive low end production, they are already used to anyways, why change them? Or just let china do that for us and skip low-end production and just 'import' that shit. Even the west doesn't bother with it anymore the low end items in factories, it's gone to china. They already doing it, why copy it and reproduce the effort of china in Somalia when China has the world market and sends it's goods to every country. We won't have a market scale like that anyways, our economy will produce nothing. 80 million people in ethiopia isn't a big market to change our economy. If you wanna produce shitty low cost items in factories and sell it to 80 million in China, you are still limited to GDP facts which is the produce cost x 80 million. They use the same formula they 'cost' the item you produce and the market scale you have and they can tell how much your 'maximum' production value is. You will be listed as LOW GDP NATIONS AT ALL TIMES.
The only way to beat this is to keep the expensive products you import and 'make' them in your country like furniture is a good one for PL, they can develop these trade skills quickly. Boats is another one which Bosaso does. You making 'expensive' products so the GDP calculations will work in your favor it will be 200 product now which will change your GDP calculations in comparison to 2 dollar product your making in a factory.
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This coward @SirLancelLord is going to come into anything 'economy' related or investments for PL and ballbust. His even worse then @DRACO @Lordilord who stay out of ball-busting. Nacala shaydhan ku yaale. The more you attack our economic progress, the more 'we seek' to progress further, so your just hurting yourself.
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