Question

how would you increase economic growth in the east african federation? long term and short term

Answer 1

The East African Federation is a single federated sovereign state comprised of political union of six sovereign states, namely, Kenya, Rwanda, Burundi, South Sudan, Tanzania, Uganda. The political integration of these countries will lead to harmonization and coordination of regional policy frameworks in the context of democracy, peace and security, good governance, human rights, social justice, etc. Peace and security will promote economic growth of East African Federation both in the short-term & long-term. A peaceful and secured atmosphere of a region is one of the prerequisites for the economic growth & development of a region. Many factors can contribute towards the economic growth of a region. Some of the factors that can contribute towards increasing the economic growth of East African Federation in the short-term & long-term are mentioned below:

1) Development of Health sector: This can be done through integration of health sector through harmonization of national policies, strategies, regulatory systems in the field of health sector. Harmonization of policies such as food safety, quality policies, disease surveillance, etc will help to improve quality of life & social well being of East African people & will contribute towards their economic growth & development.

2) Education & technological development: In order to promote growth & development of a region, it is important to develop human resources by imparting knowledge, appropriate skills & attitude. This will contribute to the short-term & long-term growth of a region. A skilled workforce results in increased growth of a region. Technological development will help to promote growth of new business, guide about ways to reduce costs of production, etc & will ultimately lead to the economic growth of the region at a fast pace.

3) Development of productive sectors: The productive sectors provide livelihood to majority of East African people as they provide them employment opportunities. Improved competitiveness, regional & national integration will lead to development of such sectors & promote sustained economic growth & development of the region.

4) Development of agriculture sector & Food security: Measures should be adopted to enhance supply capacities of agriculture sector. Also, there should be a strategic plan which aims to provide food security to East African people. Basic necessities like food must be provided to all the people in order to promote economic growth of a region.

5) Management of natural resources: By restoring & protecting environment & natural resources of a region, sustainable socio-economic growth & development of a region can be achieved, both in the short-term & long-term.

6) Development of Industries: In order to promote economic growth of a region, development of vibrant & robust industrial base is extremely important. Building industrial sectors based on comparative & competitive advantages will contribute towards economic growth of a region.

7) Development of infrastructure: By expanding existing transportation & communication links & establishing the new ones, a reliable & adequate supporting transportation & communication infrastructure can be developed which will contribute towards economic growth of the region.

So, economic growth of East African Federation can be increased by the following the above mentioned suggestions. This will result in short-term as well as long-term economic growth & development of the region.