Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/31035
Title: | Prospects for economic competitiveness in Lesotho |
Other Titles: | Competitiveness strategies for small states |
Authors: | Moletsane, Ramoshebi I.M. Masia, Sekone |
Keywords: | Competition -- Lesotho Lesotho -- Economic conditions Lesotho -- Politics and government Macroeconomics -- Lesotho |
Issue Date: | 2004 |
Publisher: | Formatek Ltd. |
Citation: | Moletsane, R. I. M., & Masia, S. (2004). Prospects for economic competitiveness in Lesotho. In L. Briguglio, & G. Cordina (Eds.), Competitiveness strategies for small states (pp. 216-228). Blata I-Bajda: Formatek Ltd. |
Abstract: | This chapter assesses the main constraints facing Lesotho in its bid to step up economic competitiveness, and puts forward a number of proposals for the strengthening of competitiveness in Lesotho. The chapter explains how the Kingdom of Lesotho is working in conjunction with the International Monetary Fund (IMF), the World Bank, and the European Union towards this end. It is argued that the country must first of all take steps to create a domestic environment conducive to private enterprise and public sector efficiency. This requires economic and political stability, appropriate tax laws and liberalised trading policies. It also calls for strong political commitment on the part of the government to promote productivity in all spheres of economic activity. The chapter concludes by stating that it is imperative for Lesotho to utilise the integration process within the Southern Mrican Customs Union (SACU) as a stepping stone to a greater integration into the world economy. |
URI: | https://www.um.edu.mt/library/oar//handle/123456789/31035 |
ISBN: | 9990949204 |
Appears in Collections: | Competitiveness strategies for small states |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
Prospects_for_economic_competitiveness_in_Lesotho.pdf Restricted Access | 585.51 kB | Adobe PDF | View/Open Request a copy |
Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.