simonkabz wrote:tycho wrote:Since PK has a link to this thread let me ask: is it true that the way out of unemployment is foreign investment?
Tunawesmake kweli na hiyo route? Bado we are playing second fiddle.
For Kenya almost yes. Ask the chinese how they made it. Thereafter comes technological transfers n the like. FDI babaa
Foreign investment is not unnecessary or unneeded, but we should also look at how it is going to work in a country like ours.
For example, it is difficult for us to compare ourselves with China in relation to market size, labor costs, cultural strength, and leadership strategies.
We have not even tackled the issue of resources conclusively. For instance, how can one identify resources without firstly, having a well defined objective, and secondly, a will to beat all odds using knowledge, imagination, and creativity?
By PK seeking foreign investment as a solution to unemployment, he is not only exhibiting diffidence in himself, but he is also showing lack of confidence in the citizens he is aspiring to lead.
And the results will always be devastating.