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Reviewing role of institutions in economic advancement

The Zimbabwe Independent Esther Mapungwana ECONOMIST The role of diverse institutions in Africa has been significantly underrated; institutions have a critical part to play in the economic growth of a nation. The majority of African populations are living in abject poverty yet numerous strategies have been developed. Up till now, there have been economic structures and institutions established in our esteemed countries to tackle poverty but their impact has not reached desired levels. The question that needs to be answered is why have these institutions failed to play their vital role? And can the challenges be resolved? An institution can be defined as an organisation, establishment, foundation or society dedicated to the elevation of a particular cause, particularly one of a public, educational, or charitable character. Institutions can also be defined as the rules of the game, processes or mechanisms that shape social, economic and political interaction of indi

Unpacking the National Development Strategy-1

Unpacking the National Development Strategy-1 Vince Museve :Economist EFFECTIVE leadership is really about having a leading idea which draws in the doers to make it a reality. A leading idea must be compelling, exciting, and inclusive and its benefits to the broader society must be obvious. It must unleash the creative and innovative spirit of citizens in its achievement. It must take its own dynamic growth as it becomes a constructive positive force which motivates especially entrepreneurs to make it a reality. It is against this background that we must evaluate and assess whether the recently announced National Development Strategy (NDS-1) will or can succeed.

Revamping Zim s success story II - The Zimbabwe Independent

The Zimbabwe Independent December 11, 2020 ZIMBABWE was reasonably successful in the first twenty years after Independence, but looking back on this period, it is apparent that Zimbabwe’s success was based on improved social welfare, especially education, health and a clean water supply, but the economic aspects of development were inadequately addressed. Fay Chung l:EDUCATIONIST As a result the spectacular achievements of the 1980s and 1990s have been undermined because of the very limited economic growth. This article examines these successes and suggests recommendations, which can revive these successes. It is part of a fuller study that will focus on the systems and strategies which need to be addressed to improve the country as a whole.

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