A bunch of economists dropped a new think tank called the Namibia Institute for Economic Policy because they say the country keeps fumbling its natural resource advantages. Co-founder Rowland Brown pointed out that minerals, fish, wildlife, and fresh oil and gas discoveries have not actually helped most people despite solid infrastructure, and unemployment keeps climbing while GDP per capita shrinks.
Brown said policy gaps are killing the conversion from potential to real development, and households are getting crushed by income stress while government cash runs thin. The institute wants to push reforms that boost investment and cut red tape to create jobs, claiming things could flip around fast if leadership makes the right strategic moves instead of sitting on opportunities.
Brown said policy gaps are killing the conversion from potential to real development, and households are getting crushed by income stress while government cash runs thin. The institute wants to push reforms that boost investment and cut red tape to create jobs, claiming things could flip around fast if leadership makes the right strategic moves instead of sitting on opportunities.
