I am currently living in south africa and so could not help myself getting involved with coutnries situation and its future in economic world. That's why I put a question to myself and you to think about this country (see post -http://lifemoviefun.blogspot.com/2008/08/some-provoking-thoughts-on-economics.html).I did some reading which I have mentioned as reference at last of this post on this topic. Based on these I can word my own thinking of where this country might go and achieve in future. These all are just possibilities but thats what one need to start a venture :).
South africa as a country is rich in resources. Its geographical situation brings a good atmosphere, not too hot, not too cold.. a lot of sea shore which can help in trading, a big land area for ground development, not much large population to keep consumption low, mines of precious metals gold/platinum and other minerals to feed its economy with lot of money and raw material required for development, what not. Then why there is problem? May be it is not managed properly or it is just a phase in development of a nation.
Opportunity is aleready knocking in SA when it is giong to conduct 2010 FIFA world cup. It will have a huge chance to utilize its production which can be done totally using internal resources and manpower. It will boost industries, create employment, provide world wide exposure, open market for cheap import, open market for SA good in other countries and a lot.
SA seems to be good equiped to do all this if a good effort is put in all this as some of basic things need to be completed before it can encash this opportunity to its best. Infrastructure, literacy, skilled people are few points which need to be addressed before it happens. Time is less but it need to be done.
Industries are already seeing this and are ready to help SA in achieving this target. Even US and China are hungry for its natural resources and showing continuous interest in SA so that they are on boat when it sails in deep sea. SA need to keep a good eye on what exposure it gives and what it keeps to itself so that a nation grows and not the other countries by using its resources.Ref:
Few links which I read on above topics-
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