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- W1824227509 abstract "Tanzania's Gross Domestic Product (GDP) growth in the last 12 years has been extremely strong, averaging close to 7 percent annually. This rate is high, but still lower than that of successful emerging countries when the nation's high population growth rate of about 3 percent is factored into the equation. Economic growth has failed to eradicate poverty, with one third of households still living below the poverty line. If Tanzania aims to reduce the income gap between itself and middle income countries, it will have to grow faster and better. This Tanzania economic update focuses on the need to transform the education system and to foster growth amongst business enterprises. These are the two vital elements by which Tanzania will achieve accelerated and shared growth. There is a synergistic effect between these two elements, since better educated people are more productive and therefore play a major role in making business enterprises become more competitive. The reverse is also true, since more competitive business enterprises can invest more in human capital. Those synergies are at the heart of economic development." @default.
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- W1824227509 date "2012-02-01" @default.
- W1824227509 modified "2023-09-24" @default.
- W1824227509 title "Tanzania economic update : stairways to heaven" @default.
- W1824227509 hasPublicationYear "2012" @default.
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