- Supply-oriented companies reluctant to
transfer technology.
The foreign investors could have contributed substantially more to the
growth and development of the Liberian economy than they actually did.
Continued
- Lip-service to the 'Liberianization policy'
Since the number of Liberians
with a good education, often obtained abroad, was increasing and since the
already overpopulated ministries could no longer absorb those who had returned
from abroad after successfully completing their studies, there was a need to
find well paid jobs for these relatives, friends and political allies of those
in power. This, in
fact, formed the basis of the 'Liberianization' policy which in 1973 was
introduced by President William Tolbert.
Continued
|
Conclusions
Lessons from
foreign investments
in Liberia |