...In 1959 Basutoland became a British colony and was called Territory of Basutoland. On October 4, 1996, Basutoland became independent of Britain and became known as Lesotho. Jonathan Leabua became the first prime minister of the country. Lesotho was also disorientated by a military takeover, which forced the ruler, King Moshoeshoe II, into exile. The constitutional government was restored in 1993 after 23 years of authoritarian rule, which included seven years of military rule. Lesotho is South Africa's largest water supplier and, in turn, receives electricity from its neighbor. It is completely surrounded by South Africa. Lesotho was a British protectorate and was annexed to the Cape Colony in 1871, but was re-separated as a crown colony...
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...Lesotho Case Study “Market and Mountain Kingdom” Bob Terry 10/8/2012 Wk 7Assignment Globalization & Regionalization Globalization is international integration of cultures, people, products, beliefs, and much more. Globalization makes goods and services available to locations that originally wouldn’t have them. Some of my favorite restaurants are Brazilian Steakhouses like Texas de Brazil and Fogo de Ciao. These restaurants would not be offered in Denver Colorado without globalization. Globalization has increased greatly over the past century due to advancements in technology, particularly in transportation and knowledge sharing (internet). These technologies have ingrained globalization in the modern era. Regionalization is the economic integration of countries. Some good examples of these are the North Atlantic Free Trade Organization (NAFTA) and the European Union (EU). Both of these agreements take countries that are in similar regions and in certain economic ways. All countries in the EU have the same currency which creates certain benefits but has also created economic disaster for many countries involved. The goal of regionalization is to benefit all countries involved and become stronger globally as a whole. These two forces have had tremendous impact on the small African nation of Lesotho. Foreign influences have shaped Lesotho throughout history and currently determine their economic factors today. Most recently trade agreements have made Lesotho...
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...WP/09/95 Ponzi Schemes in the Caribbean Ana Carvajal, Hunter Monroe, Catherine Pattillo, and Brian Wynter © 2009 International Monetary Fund WP/09/95 IMF Working Paper Western Hemisphere and Monetary and Capital Markets Departments Ponzi Schemes in the Caribbean Prepared by Ana Carvajal, Hunter Monroe, Catherine Pattillo, and Brian Wynter Authorized for distribution by Paul Cashin and David Hoelscher April 2009 Abstract This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. In several Caribbean states, unregulated investment schemes grew quickly in recent years by claiming unusually high monthly returns and through a system of referrals by existing members. These are features shared with traditional Ponzi schemes and pyramid schemes. This paper describes the growth of such schemes, their subsequent collapse, and the policy response of regulators, and presents key policy lessons. The analysis and recommendations draw on country experiences in the Caribbean, and in such diverse countries as the United States, Colombia, Lesotho, and Albania. JEL Classification Numbers: G18 Keywords: Pyramid schemes, Ponzi schemes, Caribbean Authors’ E-Mail Addresses: acarvajal@imf.org; hmonroe@imf.org; cpattillo@imf...
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...TOURISM PROJECTS OVERVIEW OF TYPES OF DEVELOPMENT INSTITUTIONS AND ASSISTANCE GOALS AND OBJECTIVES OF DEVELOPMENT AGENCIES AND NGOS THE ROLE OF CONSULTANTS THE PROJECT PROCESS: ANALYSIS AND EVALUATION CONCLUSIONS 3. PRIVATE SECTOR ENTREPRENEURS AND DEVELOPERS PROFILE OF ECOTOURISM ENTREPRENEURS SOURCES OF FINANCING AND CAPITAL STRUCTURE GROWTH, PROFITABILITY AND SUSTAINABILITY: THE ABILITY TO HAVE AN IMPACT CONCLUSIONS 4. 5. HYBRID: NGO VENTURE CAPITAL CASE STUDIES A. INTER-AMERICAN DEVELOPMENT BANK, IADB B. US AGENCY FOR INTERNATIONAL DEVELOPMENT, USAID C. WORLD BANK: LESOTHO D. THE EUROPEAN UNION: SWAZILAND E. WORLD BANK IN SWAZILAND F. THE NATURE CONSERVANCY, TNC G. CONSERVATION INTERNATIONAL, CI H. CONSERVATION CORPORATION AFRICA, CC AFRICA I. TURTLE ISLAND J. MAHO BAY K. KRUGER NATIONAL PARK, MALULEKE COMMUNITY AND MATSWANI SAFARIS 6. CONCLUSION -2- 1. Introduction The focus of this paper is on the different roles played by the donor and NGO community on the one had, and private sector entrepreneurs on the other hand, in financing and developing ecotourism. Much has been written about the role of the international development community (which comprises both the bi- and multilateral aid agencies and international NGOs), and there is a tendency amongst...
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...ICOSAMP – The Information Core for Southern African Migrant Pests Margaret Powell1 1ICOSAMP Co-ordinator, Agricultural Research Council – Plant Protection Research Institute, P/Bag X134, Pretoria 0001, South Africa (Contact: icosamp@ecoport.org). Abstract Migrant pests such as locusts, armyworm, and Quelea birds, annually plague the southern African region, and in some years have been known to cause devastating damage to food crops within member countries of the Southern African Development Community (SADC). As these pests are highly mobile and often cross political boundaries, communication and collaboration between neighbouring countries is vital with respect to forecasting, monitoring, and controlling these outbreaks. ICOSAMP, endorsed by SADC and funded by the UK Department for International Development, has established a regional network of information officers who submit monthly reports on the status of migrant pests in their country to the ICOSAMP co-ordinator. This close interaction between national Ministries of Agriculture, Plant Protection Institutes, and NGO’s, not only highlights potential areas at risk from migrant pests, but also provides a platform for technical co-operation and sharing of research information. The provision of early warning of impending cross-border invasions prevents the uncontrolled spread of migratory pests, thus reducing the impact of these pests on the food security of the region. ICOSAMP utilises modern technology...
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...and criticisms of other people’s interpretations have multiplied, and the intentions and results of much participation in practice have been questioned or even denounced (Booth, 2005) and Cornwall, 2004). Community participation as a methodology has become a “buzzword” and at its base has become a cornerstone for every developmental project in developing countries. According to Fung (2002), participation is the active involvement of the community, particularly the disadvantaged groups such as women, children, elderly, disabled and the poorest of the poor, in the decision making, planning, implementation, and evaluation of their own development activities The concept of community participation however, has remained a contested terrain. This paper considers participation in development programmes and assesses its relevance both in theory and practice. A definition of development and community participation will give a clear insight of the applicability of the methodology. The essay also stresses the strengths and weaknesses of the approach with the aid of case studies from developing nations. The concept of community participation in development became the common currency of exchange in development discourse in the 1970s and since then literature on the subject has grown dramatically. What was initially a radical critique of development has relatively quickly become a staple for development practice in the world. The incorporation of the locals in development projects has become...
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...Policy and Analysis Division (DPAD) of the Department of Economic and Social Affairs of the United Nations Secretariat (UN/DESA). It is based on information obtained from the Statistics Division and the Population Division of UN/DESA, as well as from the five United Nations regional commissions, the United Nations Conference on Trade and Development (UNCTAD), the United Nations World Tourism Organization (UNWTO), the International Monetary Fund (IMF), the World Bank, the Organization for Economic Cooperation and Development (OECD), and national and private sources. Estimates for the most recent years were made by DPAD in consultation with the regional commissions, UNCTAD, UNWTO and participants in Project LINK, an international collaborative research group for econometric modelling coordinated jointly by DPAD and the University of Toronto. Forecasts for 2014 and 2015 are primarily based on the World Economic Forecasting Model of DPAD, with support from Project LINK. Data presented in WESP may differ from those published by other organizations for a series of reasons, including differences in timing, sample composition and aggregation methods. Historical data may differ from those in previous editions of WESP because of updating and changes in the availability of data for individual countries. Country classifications For analytical purposes, WESP classifies all countries of the world into one of three broad categories: developed economies, economies in transition and developing economies...
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...wealth is not equally distributed among the nation. A report from Forbes has shown that in 2014 the income inequality of China is close to the highest level of inequality in the world, found in Lesotho (Hsu, 2016). While China homes more billionaires than the U.S., the poorest twenty-five present only owns one percent of Chinese economy. While the rich have access to quality education, the poor are further deprived of education resource and opportunities. The notion that school has the capacity and responsibility to bring social reform (Dewey, My Pedagogic Creed, 2012) propelled educators to take on the responsibility to address the issues mentioned above. Teachers, principals, and policy makers should make pedagogical, structural, and policy level changes to meet the needs of ELLs in the U.S. and the economical unprivileged students, so that all students can have the skills to participate in social life and opportunity to climb social ladder (Counts,...
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...Economic Commission for Africa The Millennium Development Goals in Africa: Progress and Challenges Economic Commission for Africa The Millennium Development Goals in Africa: Progress and Challenges August 2005 © 2005. Economic Commission for Africa Material from this publication may be freely quoted or reprinted. Acknowledgment is requested, together with a copy of the publication. The views expressed are those of the original authors and do not necessarily reflect those of the United Nations. Project coordinator: Adrian Gauci Editorial coordination: Cristina Müller Team: Abebe Shimeles, Workie Mitiku, Vanessa Steinmayer, Reto Thoenen This report was produced with guidance and input from Augustin Fosu, Director of the Economic and Social Policy Division of the ECA. It benefited greatly from the revisions of Bartholomew Armah and Kwabia Boateng. Special thanks to Lorna Davidson for the final editing, to Akwe Amosu for her valuable input, and to Seifu Dagnachew and Teshome Yohannes for creative and efficient lay-out and production. The report was designed by the ECA Communication Team and printed by the Documents Reproduction and Distribution Unit, in Addis Ababa, Ethiopia. Photo credits (left to right): Front cover- R. Zurba/USAID, J. Dunlop/USAID, R. Zurba/USAID, M. Crozet/ILO. Back cover- J. Maillard/ILO, T. Brunette/USAID, I. Getachew/UNICEF. Table of Contents Acronyms .....................................................................
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...Transparency International Corruption Perceptions Index 2012 TRANSPARENCY INTERNATIONAL the global coalition against corruption Contents Introduction About the index Corruption Perceptions Index 2012 1 2 4 Transparency International seeks to provide reliable quantitative diagnostic tools regarding levels of corruption, both at the global and local levels. The Corruption Perceptions Index is one of Transparency International’s indices sponsored by Ernst & Young. 176 countries, 176 scores. How does your country measure up? Transparency International is the global civil society organization leading the fight against corruption. Through more than 90 chapters worldwide and an international secretariat in Berlin, we raise awareness of the damaging effects of corruption and work with partners in government, business and civil society to develop and implement effective measures to tackle it. www.transparency.org Every effort has been made to verify the accuracy of the information contained in this report. All information was believed to be correct as of December 2012. Nevertheless, Transparency International cannot accept responsibility for the consequences of its use for other purposes or in other contexts. ©2012 Transparency International. All rights reserved. Transparency International Corruption Perceptions Index 2012 1 About the index Corruption can happen anywhere. When politicians put their own interests above those of the public. When officials demand...
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...Future of Democracy in Africa With the aid of the book, State, Conflict, and Democracy in Africa, I will try to come up with some type of conclusion to the future democracy in Africa. These Africanists that I will mention in my paper have assessed that contemporary Africa has struggled to deal with false starts, unsatisfactory attempts to reconfigure power and varies political reforms. The first theoretical essay is written by Crawford Young on the Third Wave of Democratization in Africa. Young is a Political Scientist, who received a PhD from Harvard and he specializes in development and politics in developing countries, particularly Africa. His works are “The Politics of Cultural Pluralism” , “Ideology and Development in Africa” , and “The Rise and Decline of the Zairian State”. In his essay, Young offers insight on Africa's experimentation on political liberalization. Young starts off by talking about the “third wave” of democratization which hit Africa in 1989 which was seen as a global dynamic. Factors such as modernization, diffusion and power politics helped shaped this transition. In Africa there were deeper structural factors which started first with the economical field. “In dramatic contrast to the aggressive assertion of economic nationalism in the 1970s, a decade peppered with sweeping indigenization programs and widespread nationalism, the 1980 Organization of African Unity Lagos Plan of Action, and the blistering critique of African development performance...
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...REGIONALISM IN AFRICA : A PART OF PROBLEM OR A PART OF SOLUTION Margaret LEE AAPS INTRODUCTION Regionalism, as defined in this paper, encompasses efforts by a group of nations to enhance their economic, political, social, or cultural interaction. Such efforts can take on different forms, including regional cooperation, market integration, development integration, and regional integration. African leaders have long envisaged regionalism as a viable strategy to pursue with a view to uniting the continent both politically and economically. While regionalism in Africa has taken on different forms to accommodate the changing national, regional, and international environment, all organizations that aim to integrate regional economies in Africa have adopted market integration as a component of their strategy, with a view to increasing intra-regional trade. Market integration is the linear progression of degrees of integration beginning with a free trade area (or in some cases a preferential trade area) and ending with total economic integration. The model for such integration is the European Union (EU). Notwithstanding the fact that market integration has failed miserably on the continent,1 it continues to be highly regarded by most African leaders as a solution to Africa’ growing marginalization within the world economy. The creation of NAFTA s (North American Free Trade Agreement) and the movement toward EU monetary integration, only served to reinforce the commitment African...
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...DEVELOPING INTEGRATED SOLID WASTE MANAGEMENT PLAN TRAINING MANUAL Volume 4: ISWM Plan U N I T E D N AT I O N S E N V I R O N M E N T P R O G R A M M E Copyright © United Nations Environment Programme, 2009 This publication may be reproduced in whole or in part and in any form for educational or non-profit purposes without special permission from the copyright holder, provided acknowledgement of the source is made. UNEP would appreciate receiving a copy of any publication that uses this publication as a source. No use of this publication may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the United Nations Environment Programme. Disclaimer The designations employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of the United Nations Environment Programme concerning the legal status of any country, territory, city or area or of its authorities, or concerning delimitation of its frontiers or boundaries. Moreover, the views expressed do not necessarily represent the decision or the stated policy of the United Nations Environment Programme, nor does citing of trade names or commercial processes constitute endorsement. Developing Integrated Solid Waste Management Plan Training Manual Volume 4 ISWM Plan Compiled by United Nations Environmental Programme Division of Technology, Industry and Economics International Environmental...
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...approach is that a better understanding of the extent, form, production and disposal or use of the proceeds of crime helps to determine the appropriate interventions. Tentative steps towards establishing trends in money laundering and the financing of terrorism have been taken over the past few years. A team of World Bank experts visited Botswana at the end of 2006 to assess the implementation of the FATF anti-money laundering and counter-financing of terrorism (AML and CFT) standards. In early 2007 the Directorate on Corruption and Economic Crime (DCEC), in collaboration with the Institute for Security Studies (ISS) of South Africa, undertook research to establish trends in money laundering in Botswana. The findings are yet to be publicised. However, what is apparent is that these investigations were by no means exhaustive. This paper is a contribution to the discourse on money laundering and the financing of terrorism in Botswana. It provides an overview of Botswana’s AML/CFT regimes. This will follow...
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...countries to the developed nations more often than not at the expense of the developing countries. Malaysia is one developing country which is not spared from this phenomenon that is threat to the economy. Malaysian professionals are heavily sought after because they are able to adapt themselves anywhere in the world, multi-lingual and inexpensive. Malaysian professionals are steadfastly flowing out to fill the soaring demands abroad. If this situation were to continue, Malaysia would have to endure a shortage of professionals within the country and will create the issue whether our talent pool can maintain equilibrium to support our robust industry growth. Approaches to offset this phenomenon have to be carried out immediately. Thus, this paper will examined the relationship between the push-pull factors and intentions to migrate which eventually may lead to Brain Drain. Seeing that brain drain of our Malaysian professionals will continue to go on which definitely will have an impact on our transformation, researcher believe that an intention to migrate is strong indicator for how we expect the individual to act in future and warn policymakers of a likely future scenario if they fail to act purposely. Moreover, intention surveys also can help policymakers to identify ‘trigger points’ where policies intervention will have the greatest impact. CHAPTER 1 INTRODUCTION 1.0 Introduction Globalization although have done...
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