Showing posts with label The Folly of Relying on Agriculture And Mining. Show all posts
Showing posts with label The Folly of Relying on Agriculture And Mining. Show all posts

Monday, 14 March 2011

The Folly of Relying on Agriculture And Mining

By Potpher Mbulo
DATE:  14-03-2011

This is for thought provocation in economics. Diversification of the economy away from the mines into agriculture is a foolish call. I say so because Zambian industry’s major problem is not unique. As a matter of fact, African’s industries at large might exhibit varying symptoms but have the same disease. The colonial rulers left an indelible filthy mark by way of the Ricardian Law of comparative advantage.