Title:
PRIVATE SECTOR PARTICIPATION IN PROMOTING ECONOMIC PROGRESS IN SUB-SAHARA AFRICA LAND LOCKED DEVELOPING COUNTRIES (SSA LLDCs)

Authors:
Zibanani Kahaka

Volume - 2 Issue - 12, Pages - 5514-5527

Abstract:
In spite of technological improvements in transport, landlocked developing countries continue to face structural challenges to accessing world markets. As a result, landlocked countries often lag behind their maritime neighbours in overall development and external trade. While the relatively poor performance of many landlocked countries can be attributed to distance from coast, this paper argues that infrastructure development and trade facilitation are also important in promoting economic progress of SSA LLDCs. The paper considers energy infrastructure, transport infrastructure, information communication technology infrastructure, and trade facilitation. Lack of and inadequate of such infrastructure as is common in most of the SSA LLDCs brings about various challenges that hampers economic progress in each landlocked country. The paper also considers lessons that can be learnt from other countries to enhance development and private sector participation. Then, various policy recommendations are outlined. The paper uses a descriptive, analytical, and prescriptive approach in order to address a wide audience.

Cite this Article:

[Kahaka, Zibanani. "PRIVATE SECTOR PARTICIPATION IN PROMOTING ECONOMIC PROGRESS IN SUB-SAHARA AFRICA LAND LOCKED DEVELOPING COUNTRIES (SSA LLDCs)." International Journal of Social Science and Economic Research, vol. 2, no. 12, 2017, pp. 5514-5527. December.]