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.
    • 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%.

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