Economy
The region is distinct from the rest of Africa, with some of its main exports including platinum, diamonds, gold, and uranium, but it is similar in that it shares some of the problems of the rest of the continent. While colonialism has left its mark on the development over the course of history, today poverty, corruption, and HIV/AIDS are some of the biggest factors impeding economic growth. The pursuit of economic and political stability is an important part of the region's goals, as demonstrated by the SADC. South Africa is the dominant economic "superpower" of the region. South Africa's GDP alone is many times greater than the GDPs of all other countries in the region.
Read more about this topic: Southern Africa
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)