Senegal

A viable nation »
Christian Clausen

Senegal
A viable nation
General information
Population: 13,711,597 
Location: Africa's western coast
Democratic government
Has been Senegal since 1989
Natural resources: fish, iron ore, phosphates
Current Issues
Age distribution
Unemployment
Income Distribution
Poor life expectancy
High dependancy ratio
High poverty levels
Major issues
42.2% under 14
48%
GINI 41.3
59 yrs.
0.8248
Unemployment
Income distribution
Banks overlook poor
Good infrastructure
Stable democracy
Stable banks
Large tertiary sector
Positive Aspects
Poverty traps
Conflict Trap
Natural Resource Trap
Geographic Trap
Education/Governance Trap
Conflict Trap
Geographic Trap
Education/Governance Trap
Natural Resource Trap
No political violence
Minor insurgency in the south
Not land-locked
Accessible flat land
Fish
Phosphate
Iron Ore
Agriculture
Services
No over-dependance
Most stable democracy in Africa
39.3% literacy
Proposal
Micro-lending
Hand out sufficient funds for Senegalese entrepreneurs to start a business
Funds will be handled by an NGO
The funds will be funneled into the inland of Senegal, away from the coast
People involved
Area | Population
Richard-Toll | 60.531
Linguere | 12.607
Matam | 15.306
Bignona | 26.707
Tambacounda | 75.245
Kedougou | 18.483
Kolda | 58.362
Total | 267.241

267.241
Population of cities
58.8%
154.465
74.134
48%
Entrepreneurs
Can start any business, as long as they have a plan
Will receive advice from NGO officials
Finances
Avg. cost: $206.9
The results
Set a stable consumer base in the inland
Lower unemployment
Spark coastal banks' interest
Distribute wealth - without welfare
Gain foreign investment in the long run
Break the poverty cycle
Bibliography
http://www.africaneconomicoutlook.org/en/ 
https://www.cia.gov/library/publications/the-world-factbook/geos/sg.html 
http://welkerswikinomics.com/blog/2010/01/13/1457/
http://hdr.undp.org/en/statistics/ 
http://hdrstats.undp.org/en/countries/country_fact_sheets/cty_fs_SEN.html 
http://www.doingbusiness.org/ExploreEconomies/?economyid=164 

3.7% growth
11.4% interest rates
No external factors
 
42% population in urban areas
GDP per capita: $1600
62.9%
CFA franc
Convertible
Division of wealth(?)
If there is economic potential; education will follow
Inspired by high entrepreneurship within the country
Muslim 94%
Time: 8 days
Loans: $250-350
Number of loans: 15000
People affected: 45000
Based on: The Marshall Plan
WTO funding:
$5.250.000
If successful; domestic banks will take over, due to the newfound potential
45000 out of 74.134
Low economic growth
Low levels of investment
Low incomes
Low levels of savings
Low levels of health & education
Low levels of human capital
Low productivity

Loading comments...

Please log in to add your comment.

Report abuse

More presentations by Christian Clausen