Kafrican
JF-Expert Member
- Jan 26, 2015
- 7,251
- 7,037
Tz chose to devalue her currency... blah blah blah... please spare me the theoretical bullcrap that can never be substantiated.
Anyway, your answer kind of answers the question you have been asking all along,..
1. Tanzania hass not crossed $1,200 GNI/capita mark, Give me proof if otherwise, Remember for you to graduate from LDC, your GNI/capita must be above $1,230 for 3 consecutive years.
2. LDC category by UN is Optional, But you first have to be recommended by UNs Development comitee CDP as an LDC for you to then choose if you want in or out...... Kenya was never categorised by UN as LDC... For you to be LDC you have to pass 3 criteria, one is the GNI/capita, next is inability for Human capital, and economic vulnerability....Although we qualifiedfor LDC inGNI/capita, we did not qualify for the other two... Kenya was more industrialized in the 1970's as a percentage of GDP than it is today, companies like EverReady bateries, Firestone, textile industry, pyrethram,sugar companies, steel milling companies were producing goods at optimum levels, Kenya used to assemble 22,000 cars p.a back then when the population was smaller, nowadays we can only dream of 10,000 even though the population is bigger.. Everyone who graduated college in the 70's was almost guaranteed a job.... And thats why the UN never recomended Kenya for LDC...... A reason why Kenya was forced to look for free money somewhere else.. If you dont believe me, here is some supporting evidence
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Countries can decline the opportunity of being added to the LDC list, but their approval is not sought with regard to graduating from LDC status. Only Ghana, Papua New Guinea and Zimbabwe have ever refused to accept the CDP’s recommendation for inclusion in the LDC list, asserting that the analysis of their particular socio-economic conditions did not reflect reality.
Least developed countries
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Only Ghana, New Guinea, Zimbabwe have ever been recomended and refused to be included...... Kenya has never been recommended nor has it ever refused! Wacha longolongo na theory za vijiweni!