L9-10 - Sierra Leone (unequal flow)
- Created by: Hadley023
- Created on: 27-03-19 08:51
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- Sierra Leone
- Opportunities
- Economic
- Sierra Leone has the support of bilateral trade partners to strengthen trade and socio-economic development.
- Membership of ECOWAS has benefited Sierra Leone by abolishing tariff and non-tariff barriers between member states.
- Political
- Stability and good trade relations have improved since the civil war.
- 3 successful democratic elections, government is moderating customs to case trade and rule of law is strengthening in dealing with corruption and new gender ideas.
- Social
- Membership of the Mano River Union (MRU) has involved Sierra Leone in social and economic development programmes.
- Environmental
- Sierra Leone government in combination with multi-lateral donors has set up the Small Holder Commercial-ization programme.
- Providing tractors, processing equipment, reclaiming swaps and improving roads to markets.
- Sierra Leone government in combination with multi-lateral donors has set up the Small Holder Commercial-ization programme.
- Economic
- Challenges
- Environmental
- Managing conflicts between indiscriminate development and environmental degradation.
- Unsuitable mining practices and agri-business have caused soil erosion, silting of rivers, deforestation and displacement of communities.
- Social
- Reducing severe inequalities in life expectancy, gender, education and income.
- Generation of GDP, government funding and employment opportunities are insufficient for investment in services, infrastructure and industry.
- Rural areas are particularly deprived.
- Political
- Reducing barriers which inhibit participation in global value chains.
- Sierra Leone is close to a point of becoming much more integrated but is restricted by poor infrastructure in marketing cash crops and tourism.
- Reduction of illegal practices is a priority in the diamond trade and fishing.
- Economic
- Broadening the economic base by attracting investment in manufacturing industries and in services.
- In 2014, the % contributes to GDP were agri - 42.5%, industry - 26.8% and services - 30.7%.
- Environmental
- Opportunities
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