I went to this site :
http://news.bbc.co.uk/2/hi/business/6564773.stm
And it is talking about the way the IMF could improve the Liberian economy.
I really like their ideas:
The most important thing that I picked up was that since there is food shortage and that the prices are going up so much they could produce more agriculture. To improve that there could be money going into the improvement of tools (truck farming) and irrigation systems, fertile soil. Another thing that could be looked at is whether or not the land is divided equally between the farmers and the rich people. If the rich people own all the land and the poor people just are heired as slaves to work on the farms and are not well payed, then we could make the government tell the rich people to give land to the poor people. For that we might need to hire a consultant from the IMF, to work in the government to make sure that there is no problem with the way the government use the money. For example so that they don’t just give the money out to the rich people’s hands, and that when the members of the IMF ask what they have done with the money, anybody can just pull out the bill of what they used it for.
Another thing that might be good for Liberia’s economy is that Liberia produces iron and different types of metals. So if once again we could have a consultant, the mines will be safe (helmets, protections...) and well payed, people would come to work and so then we could sell that to other countries and make money. For that we will also need good transportation (roads, ports...) This is also another place the money will go.
By Mathilde + Jean
:D
Sunday, April 27, 2008
What we've Learn about Liberia so far with Mathilde
Posted by bluejeanjean at 4:24 AM
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