Namibia Country Brief.

The World Bank is in the initial stages of developing a new annual series of World Bank Country Briefs. Namibia - the third report in the series - will be published in the winter of 2009. These short, country-specific reports examine the economic, social, environmental, and business landscape of dev...

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Bibliographic Details
Author / Creator: Bank, World.
Other Authors / Creators:World Bank Publications,.
Format: eBook Electronic
Language:English
Edition:1st ed.
Imprint: Herndon : World Bank Publications, 2009.
Series:World Bank Country Brief
Subjects:
Local Note:Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2022. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
Online Access:Click to View
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490 1 |a World Bank Country Brief 
505 0 |a Intro -- Contents -- Map of Namibia -- Fast Facts about Namibia -- People and Poverty -- A small population facing formidable challenges -- Poverty has declined, but remains common -- Apartheid's legacy of dualism -- Health indicators have improved since independence -- HIV prevalence is among the highest in Sub-Saharan Africa -- Tuberculosis inflicts a heavy toll on the population -- School enrollment has improved, but quality of education remains low -- Low skills levels are a major factor in unemployment -- The government undertook a new development strategy in 2007 -- Namibia is making progress toward meeting some of the Millennium Development Goals -- Economy -- Rising GDP and a healthy outlook -- The service sector is a big driver of growth -- Good infrastructure has bolstered tourism's expansion -- The mining sector is the largest source of foreign exchange earnings -- But its contribution to growth is expected to decline -- Agriculture retains its dualistic structure -- There are export opportunities in meat and horticulture -- Processed fish, a key export, has been hit by depleted fish stocks -- The manufacturing base is one of the least diversified in Africa -- But the government is committed to supporting broader-based industrialization -- Job creation is not rapid enough to absorb lost agricultural jobs -- Inflation has intensified over the past year -- Prudent policies have created a stronger fiscal position -- There are uncertainties about future SACU revenue, however -- The government needs to strengthen tax collection and improve quality of public spending -- Namibia is benefiting from a favorable external environment -- The medium-term outlook reflects several risks -- Environment -- Home to diverse natural wealth -- Poor policies have been a catalyst in environmental degradation. 
505 8 |a A range of environmental challenges require attention -- Freshwater scarcity is a perennial issue -- Unsustainable land use leads to land and resource degradation -- Deforestation is an unnecessary waste of woodland resources -- Coastal and marine resources are fragile -- Inadequate regulatory framework for minerals -- Increasing pressure on biodiversity -- Urban pollution will be a future challenge -- Climate change poses a threat to the natural resources-based economy -- The cost of climate change in Namibia could be very significant -- Namibia is signatory to many international environmental frameworks -- Government spending on environmental protection varies by country -- Governance and Business Environment -- Rankings of Namibia's business and competitiveness environment present a mixed picture -- Namibian firms are productive, and unit labor costs are low -- Microenterprises, however, are considerably less productive -- Firms view the investment climate as relatively conducive to business -- The legal environment surrounding private investment needs overhauling -- Infrastructure is not a major constraint to business -- Trade policy is biased against exports -- The financial sector is strong and increasingly well regulated -- Pension funds are well developed -- Access to finance remains limited, however -- Global Links -- Strong economic links within Africa and beyond -- South Africa and the EU are Namibia's largest trade partners -- Terms of trade have improved considerably in recent years -- A net outflow of workers since 2000, but still a much larger stock of immigrants than of emigrants -- Foreign direct investment jumped in 2005 before falling back slightly in 2006 -- A rising but still very low level of remittances -- The United States and Germany are the largest sources of official development assistance. 
505 8 |a Higher foreign exchange earnings and growing foreign reserves -- The 25 percent debt ceiling was undershot in 2007/08 -- Namibia and the World Bank Group -- World Bank portfolio -- International Finance Corporation portfolio -- Multilateral Investment Guarantee Agency portfolio -- Notes -- References -- Data Appendix -- Boxes -- Box 1 From colonial rule to stable democracy -- Box 2 The success story of table grapes -- Box 3 A high level of biodiversity within the Succulent Karoo ecosystem -- Figures -- Figure 1 Namibia's very young people represent a smaller percentage of its total population than in Sub-Saharan Africa as a whole -- Figure 2 Namibia's population structure, AIDS and no AIDS scenarios, 2015 -- Figure 3 Unemployment rates by level of education -- Figure 4 Namibia's economy is growing, but at a slower rate than in Sub-Saharan Africa as a whole -- Figure 5 Tourism receipts, selected countries -- Figure 6 Mining accounts for a larger proportion of GDP in Namibia than in South Africa, but a smaller proportion than in comparator countries -- Figure 7 Though Namibia's fiscal balance is lower than that of most of its SACU counterparts, its current account surplus is one of the strongest -- Figure 8 Labor productivity in manufacturing SMLEs in Namibia is high compared to that in other Sub-Saharan African countries -- Figure 9 Productivity growth in Namibia has been higher than that in most neighboring countries in recent years -- Figure 10 Though the basic corporate tax rate in Namibia is high, incentives can reduce the effective rate so that it is lower than in most comparator countries -- Figure 11 Compared with manufacturing firms from other middle-income countries, relatively few firms in Namibia export -- Figure 12 Namibia's exports go mostly to the EU and South Africa, while imports come overwhelmingly from South Africa. 
505 8 |a Figure 13 FDI to Namibia outpaces official development assistance and workers' remittances by a wide margin -- Tables -- Table 1 Namibia's health indicators are generally better than those of Sub-Saharan Africa, but worse than those of lower-middle income countries -- Table 2 Namibia's progress toward meeting the MDGs is mixed -- Table 3 Environmental indicators in Namibia versus Sub-Saharan Africa and middle-income countries -- Table 4 Environmental expenditure in Namibia and comparator countries -- Table 5 Namibia made slight improvements registering property and getting credit in 2008, but backtracked or remained the same in other areas -- Table 6 Namibia outperforms Sub-Saharan Africa on 35 of 41 business environment indicators -- Table 7 Namibia is an average performer among comparator countries, according to Transparency International's Corruption Perceptions Index -- Table 8 Financial sector depth in Namibia is better than that in comparator countries -- Table 9 Immigration numbers were many times higher than emigration numbers as of 2005 -- Table 10 Projects in Namibia supported by IBRD and the GEF, fiscal 2008-mid-09 -- Table 11 Projects in Namibia supported by the IFC, fiscal 2008-mid-2009. 
520 |a The World Bank is in the initial stages of developing a new annual series of World Bank Country Briefs. Namibia - the third report in the series - will be published in the winter of 2009. These short, country-specific reports examine the economic, social, environmental, and business landscape of developing countries, focusing on issues critical to development.OverviewPeople and PovertyEnvironmentEconomyGovernance and Business EnvironmentGlobal LinksStatistical Appendix. 
588 |a Description based on publisher supplied metadata and other sources. 
590 |a Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2022. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.  
650 0 |a Namibia -- Statistics. 
650 0 |a Namibia -- Economic conditions. 
650 0 |a Namibia -- History -- 1990-. 
650 0 |a Namibia -- Social conditions. 
655 4 |a Electronic books. 
700 1 |a World Bank Publications,. 
776 0 8 |i Print version:  |a Bank, World  |t Namibia Country Brief  |d Herndon : World Bank Publications,c2009  |z 9780821378700 
797 2 |a ProQuest (Firm) 
830 0 |a World Bank Country Brief 
856 4 0 |u https://ebookcentral.proquest.com/lib/well/detail.action?docID=459778  |z Click to View