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ID number:765635
 
Evaluation:
Published: 26.09.2004.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Introduction
Economic growth takes place when there is either an increase in the national income of a country, or in the country's productive capacity, this productive capacity being the country' ability to generate national income. (Gross national product)
There are many challenges faced by most Sub-Saharan African countries including Zimbabwe in trying to achieve sustained economic growth. Most of the constraints stem from the social, political, economic and cultural setups and institutions of most Sub- Saharan countries. The major constraints will be briefly outlined and possible solutions will be identified in turn.
Constraints
Commodity Concentration in Trade: High Reliance or Dependency on One Primary Product
This is the primary feature of most Sub-Saharan African countries. The dependency on one major export crop like tobacco in Zimbabwe, tea in Kenya, copper in Zambia and cocoa in Ghana leaves the country's export potential vulnerable due to changes in the world market for the respective products. The fall or decline in the export prices for copper in Zambia in the early 1990s left the country facing massive balance of payments short falls, even up to this year. …

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