The Economy of Somalia

[Young Wadani *]

"Economic progress in Somalia is decidedly mixed. As of January 2007, Somalia is still a fragile state with hundreds of thousands of refugees due to massive floods and the latest fighting of the civil war. However Somalia boasts lower rates of extreme poverty and, in some cases, better infrastructure than richer countries in Africa[1]. However with a GDP of $600 per capita the country is still extremely poor.

There are signs of growth in Somalia:

Despite the seeming anarchy, Somalia’s service sector has managed to survive and grow… Mogadishu’s main market offers a variety of goods from food to the newest electronic gadgets. Hotels continue to operate, and militias provide security. -CIA Factbook"

if we just cleaned up our act, we could develop into a African Power

[LastREALSomali]

of course

but then again our economy has been able to develop in those areas because of the lack of foreign influence in exploiting the government

most of africa could be very successful if it isn't for american and european multinational corporations buying favors from corrupted african leaders to exploit their people

hopefully the same shit doesn't happen in Somalia if we ever get a competent government

[King-of-Awdal]

of course

but then again our economy has been able to develop in those areas because of the lack of foreign influence in exploiting the government

most of africa could be very successful if it isn't for american and european multinational corporations buying favors from corrupted african leaders to exploit their people

hopefully the same shit doesn't happen in Somalia if we ever get a competent government

When will you realize that no one will buy that your a somali. A Somali could give a flying fuck about Africans who arent Muslim or Afrocentric views.

[Aerosmith]

This $600 GDP looks skewed to me. Maybe a survery from Business owners in the capital.

LastREALSomali - Blaming foreign institutions for ripping us off is one sided joke. The alleged victims here
or masses should do their part in making sure the right consumer friendly legislations are in place. Corporations will always look for their bottom line, be it in Africa, Asia, Europe or the Americas

[LastREALSomali]

of course

but then again our economy has been able to develop in those areas because of the lack of foreign influence in exploiting the government

most of africa could be very successful if it isn't for american and european multinational corporations buying favors from corrupted african leaders to exploit their people

hopefully the same shit doesn't happen in Somalia if we ever get a competent government

When will you realize that no one will buy that your a somali. A Somali could give a flying fuck about Africans who arent Muslim or Afrocentric views.

First of all thats pretty unislamic thing to say. To be muslim to care for all our brothers and sisters in humanity whether muslim or not. And I hope you haven't forgotten but you are African. Just thought I'd remind you.

Second, How old are you? I really want to know.

I'm 20. Lived 18 years in America. Grew up around non-Somalis (thank god). My mother and father are educated. I grew up with pride for my people in Somalia and Africa cause thats where I'm originally from.

Maybe I wasn't raised by a single-parent jahil like you.

Or maybe I am not 40+ years old on a message board without a job.

I know most Somalis above 30 or born to uneducated parents are IGNORANT and that is why Somalia's only hope are kids like my educated in the West. Kids who are built with the conceptions of brotherhood for all African peoples cause UNITY is the only way we can escape from the situation we are currently placed in.

I wouldn't expect a jahil like you to understand.

[Shirib]

The economy of Somalia runs around khaat, and Somalia doesn't produce khaat

[LastREALSomali]

This $600 GDP looks skewed to me. Maybe a survery from Business owners in the capital.

LastREALSomali - Blaming foreign institutions for ripping us off is one sided joke. The alleged victims here
or masses should do their part in making sure the right consumer friendly legislations are in place. Corporations will always look for their bottom line, be it in Africa, Asia, Europe or the Americas

LOL

You need to do more research on this topic man. I'm actually a major in International Comparative Studies in college. I've taken many courses on why there are certain regions of the world that are developed and other that aren't. There are a myriad of reasons but the most powerful force is the influence of multinational corporations primarily from the United States and Europe on Africa and South America. These two continents are the least developed in the world and there has been a history of exploitations by multinational corporations and institutions.

The World Bank and IMF are among the two institutions that are among the leading causes of rampant poverty in Africa. Their policies of structural readjustment in African nations as well as their use of aid money as a tool of leverage within the governments is one of the leading causes of why there is such poor infrastructure and human services development in Africa.

I think you need to open a book once and a while. And here is a good one for you to begin with....



Looting Africa: The Economics of Exploitation........by Patrick Bond (Author)

We read this in one of my classes. Very informative and might educate you a lil on the situation confiding our people.

[Voltage]

Are you still pretending to be Somali?

[LastREALSomali]

Are you still pretending to be Somali?

just one thing man

how old are you?

I wanna know how old you fools are. It'll make me feel better knowing your type of ignorance will die soon and leave the Somali consciousness.

[oldenglish]

Maakhirs GDP is 1600, worthless Somalis

[DerbiJiiF]

She wrote:

" I know most Somalis above 30 or born to uneducated parents are IGNORANT and that is why Somalia's only hope are kids like my educated in the West.

Kids like "ME" not like my. Also, it should have been " that is why somalia's only hope "IS", not "ARE"

Again,

" Kids who are built with the conceptions of brotherhood for all African peoples cause UNITY is the only way we can escape from the situation we are currently placed in.


Also this line does not make grammatically any sense. Do you mean:

" kids who are riased with the concept of brotherhood and unity for all African people (NOT PEOPLES" are (NOT IS) the only hope for Africa to escape from the misfortune that is it in.


It is quite unfortunate that you are being corrected by one of those geljires who never wielded pen and paper until 8 years a go.

If that is how you got educated, we noble people from Somalia are more than happy to be called as you put it: INGNORANT and UNEDUCATED



Derbi,

[King-of-Awdal]

LastREALSomali

Quit begging us just because you were born a jareer doesnt mean, we will feel bad for you. Again Fuck Africa and i could a toss about some Jareers who are not Muslim. I Live in Adoonsville invested city and grew up with some of them and yet i dont befriend them. Your right though iam African and your not.

[LastREALSomali]

LastREALSomali

Quit begging us just because you were born a jareer doesnt mean, we will feel bad for you. Again Fuck Africa and i could a toss about some Jareers who are not Muslim. I Live in Adoonsville invested city and grew up with some of them and yet i dont befriend them. Your right though iam African and your not.

I saw your picture and besides never going to the gym in your life with those bicepless arms, I can tell why you so mad.

U angry the Arabs won't accept you cause your not one of the Somalis that can pass as Arab? huh?

nigga please.......fucc you and wherever Adwal is............the funny thing is most Somalis can't even have brotherhood within our own people so how could fools like you to believe in any other form of unity.

Oh and BTW what is jareer?

I really wanna know. I've heard my cousins sometimes say "timo jareer" and I'm assuming that means hard hair but what does jareer mean?

Educate me since I'm not onto the lingo of stupid somalis. Thankfully I've been sheltered by my mother from ignorance.

[King-of-Awdal]

Who said i was an Arab? See that is a sign of an inferiority complex Baboon ka tahaaye wase. Your a Jareer and nothing wont change that. As i said we are somali and could give a fack about Africans. Now go pick some cotton. No Monkeys are wlc here