Zaire

Read Complete Research Material



Zaire

Zaire

Introduction

African state sovereignty, including the Republic of Zaire, did not mean their complete liberation from the dependence in which they are trapped in a long period of colonial domination of Western powers. The true independence of these countries achieved only when they acquire economic independence. The acquisition of economic independence is primarily due to changes in economic structure: the creation of new industries and strengthening of those industries, the development of which the Western powers were detained in an effort to keep African countries as a raw materials appendage (Alter, 1990).

Discussion

Trade of the Country

In Zaire, the problem of independence of the national economy is due to a number of difficulties associated with limited funding, the backwardness of the economy, as well as the existence of class antagonisms. The mixture of such and some other factors hinder the normal development of economic sectors. Equally, this applies to the internal trade of Zaire. Its basis is many small and medium-sized merchants who own small-sized stores and shops (Bienen, 1991).

The territorial distribution of chain stores is different randomness; the extent of retail provision sets specific localities is extremely uneven. Its composition, technical equipment, the availability of qualified personnel does not meet the country's requirements.

As a result of underestimating the regulatory role of government in the trade situation is largely out of control, which adversely affects not only public services but also on the functioning of the national economy as a whole. The government has not developed sound public policy in the sphere of commodity circulation. Lack the necessary information base on the state of commercial services. There are some statistical publications on the economic development of the Republic of Zaire as a whole. But the issues of trade are still there to be searched about (Collier, 1995).

Zaire's International Trade

The products for export are mainly coffee, palm oil, tea, cocoa and rubber. Zaire is a country with significant forest resources, especially in the Mayombe area near the coast, which has been heavily exploited. The extractive activity is based on the exploitation of copper, the main mineral resource of Zaire, which is dispersed in many fields in the region of Shaba. The country also is mining manganese, zinc, and uranium, tin and gold. In addition, Zaire is one of the world's leading producers of diamonds (Kirkpatrick, 1995). The problem of development has been discussed of domestic trade in consumer goods in the Republic of Zaire, which has not yet been sufficiently studied and practically justified. A study on the basis of experience in organizing trade between Russia and the state of trade in the Republic of Zaire revealed the main trends in the development of internal trade in consumer goods, and to define concrete measures for its further improvement (Milner, 1996).

Role Of The Govt Towards International Trade

Although Zaire is potentially one of the richest states in Africa, with large agricultural resources, mineral and energy, has a typically underdeveloped and colonial economy, where agriculture still dominates the traditional ...
Related Ads