"to achieve an economic model that if apply in the Gambia will facilitates a
fair distribution of wealth among Gambian is just impossible". absolute
nonesense!!! unless we stop emulating economic policies that does not
support sustainable growth, we are still yet to install a system base on
fair distribution of wealth. There is no state, that has complete economic
equality, however some states succeeded in  installing systems based on the
holistic features of economic practices that matched with the economic,
social and political capacity of the their countries. What am trying to say
is that, the model we need might not be found in text books, or a sample
emulating  western practices might not suit The Gambia as well, but since
economic, political and social capacity of every country differs in terms of
wealth and production level, we must begin from that point and estableish a
frame work that shows what Gambia can. At least, not equal distribution of
wealth, but fair distribution of wealth can be achieve from that stand
point.

Yeks



----- Original Message -----
From: "Cherno Marjo Bah" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Sunday, March 14, 2004 1:35 AM
Subject: Re: How should we redefine Economics to meet the The Gambian
Situation?


> Mr Momodou Drammeh,
>
> Thank you so much for your invitation on this question of modelling the
> Gambian economy. The question is a plausible one, thus, any Gambian
> economist or Gambian interested in the subject would be agreed with me
that
> you have been very courageous to bring this question about.  "What
economies
> model that the Gambia can adopt and the rest of the world might envy it
and
> follow suit"? The Gambia a small and open economy, with consumers that
> depended entirely on imported goods and services, produces almost nothing,
> depended on aid, no heavy industrials. Devising economies model for Gambia
> alone, a model that can address your concerns without embracing and
building
> it on capitalism would definitely means developing a model that will
condemn
> the Gambia's economy to death.
>
> Mr Drammeh, to achieve an economic model that if apply in the Gambia will
> facilitates a fair distribution of wealth among Gambian is just
impossible.
> It may sound pessimistic, but that is how the real world works! You see
> there are certain assumptions about equality that are embedded into the
> pillars of liberal states, which are not applicable in economics. For
> example equality before the law, and some other kinds of liberal equality,
> can be nationally granted without infringing anybody's rights.  But
economic
> equality in the Gambia cannot be possible. The reasons are many but I can
> give you one reason, to model economics outcomes itself must be expressed
as
> policies that advance one-group's interests at the expense of another's.
As
> a result, puts political and ethical limits on how far the drive for
> economic equality ought to go.
>
> The former USSR and it alliance were good examples. Perfect economic
> equality is a nightmare. If you see any country embracing economic
equality
> please do not intend to stay there because sooner or later you will wake
up
> in a political resurgent. If you believe in taking from the rich and given
> it to the poor will leads to fair distribution of wealth, you might be
very
> much wrong because you will be ended up impoverishing everyone. The two
> developing nations that earns credits for it economics model today are
China
> and India. Do you know why is simply because of they finally threw off
their
> economic equality models and embrace the most brutal and wicked form of
> capitalism. You can see it in the way they organised their domestic
> economies and their approach to international trade. All of a sudden, they
> are a lot less poor, and it hasn't cost the west a Butut.
>
> In the Gambia policies are now changing, but slowly. There are
directorates
> which are set up to stimulate private ownership and entrepreneurial
skills,
> help to diversify the economic activities and facilitate a significant
> contribution to exports and trade. Small and medium-sized enterprises are
> considered in the Gambia to be one of the principal driving forces in the
> economic development of the nation. The Youth Development Enterprise (YDE)
> has been set up for this purpose. This is a positive trait because it
> strengthening infant business, by eliminating spatial disparities and by
> fostering technological development and new innovative enterprises.
>
>
> Pa Che.
>
>
>
> >From: Momodou Drammeh <[log in to unmask]>
> >Reply-To: The Gambia and related-issues mailing list
> ><[log in to unmask]>
> >To: [log in to unmask]
> >Subject: How should we redefine Economics to meet the The Gambian
> >    Situation?
> >Date: Fri, 12 Mar 2004 06:48:20 -0800
> >
> >  Dear Gambia L members
> >
> >I  am very concern about the kind of economic system that the the Gambia
> >should adopt and I rely very much on your assistance
> >
> >For those of us who had studied High school economics , we were all made
to
> >memorise the definition given by Lord Lionel Robins. And very little or
> >nothing is thought about the economics as by others in the way they how
and
> >what economics should be
> >
> >Even in the west where some of us study the Economics that we study is
all
> >about Adam smith, Lionel Robins Richard Lipsy and so on and because this
is
> >is what we know I wonder how well we should apply it in the Gambian
> >scenario
> >
> >I wonder if Gambians all over the world make it a point of duty to
provide
> >an economic definition that makes a fair distribution of wealth to the
> >Gambian people
> >
> >I am quite worried that most of us Gambians are not that be be innovative
> >
> >I think that no one country is a model for The Gambia to adopt I am
> >optimistic that we Gambians have got brains and we can come with
something
> >that the rest of the world will envy and then rather than following we
will
> >then be followed
> >
> >
> >
> >
> >
> >---------------------------------
> >Do you Yahoo!?
> >Yahoo! Search - Find what you're looking for faster.
> >
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> _________________________________________________________________
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>
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