GEOG 1700 Lecture Notes - Lecture 15: Private Equity, Deworming, Millennium Villages Project
Document Summary
Republic of south africa is the wealthiest country. Rich resource base that includes gold and diamonds. Developing a framework for equalizing financial power. The pri(cid:373)ar(cid:455) se(cid:272)tor do(cid:373)i(cid:374)ates a(cid:272)ross afri(cid:272)a (cid:272)o(cid:373)(cid:373)er(cid:272)ial a(cid:374)d su(cid:271)siste(cid:374)(cid:272)e agri(cid:272)ulture especially, with mineral exploitation important for global markets. Agriculture dominates employment, largely because of low productivity. Many people still need to work on farms to provide (enough) food. Many countries are among the poorest in the world. Impact of slavery, recent colonial past, civil wars, kleptocracies. Manufacturing is mostly in the form of sweatshops. Outh afri(cid:272)a has e(cid:454)(cid:272)eptio(cid:374)s (cid:272)o(cid:373)(cid:373)er(cid:272)ial servi(cid:272)es are eve(cid:374) (cid:373)ore thi(cid:374) Touris(cid:373) is a(cid:374) i(cid:373)porta(cid:374)t trade servi(cid:272)e spe(cid:272)ta(cid:272)ular (cid:374)atio(cid:374)al parks i(cid:374) several (cid:272)ou(cid:374)tries. (cid:862)heritage(cid:863) touris(cid:373) i(cid:374) e(cid:374)egal a(cid:374)d the ga(cid:373)(cid:271)ia is growing. The regional picture remains uncertain, but there is more optimism now than there has been for a long time due to improving regional stability and international attention. Infrastructure is expanding and there is increasing economic and financial integration.
