- Title
- The effectiveness of Lesotho's industrial policy in poverty reduction
- Creator
- Tlhatlosi, Lekupa Paul
- Subject
- Poverty -- Lesotho Industrial policy -- Lesotho -- Economic conditions
- Date Issued
- 2017
- Date
- 2017
- Type
- Thesis
- Type
- Masters
- Type
- MA
- Identifier
- http://hdl.handle.net/10948/45475
- Identifier
- vital:38620
- Description
- This study investigated and evaluated whether the Lesotho’s Industrial Policy had been effective in poverty reduction. The study focuses on the manufacturing sector in Lesotho to establish the effectiveness of the policy on workers in this sector. These people are often characterized by low education, lack of skills and poverty among other things. The study revealed that the current Industrial policy in Lesotho is no longer appropriate, relevant or responsive to the needs of Lesotho and Basotho people. It is not reducing or addressing the poverty situation but rather, it promotes and paves the way for activities that increase poverty in Lesotho. Poverty has remained the subject of intense debate to the extent that it has inhibited consistency in policies, resulting in less substantial success. Where there is a shared vision, views on the causes of poverty and conflicting goals and priorities often result in compromises and inconsistencies. Therefore, the link between policy and poverty reduction becomes important and influential since whichever strategy is applied and followed will have direct results and bearing on the policies. Lesotho is faced with serious challenges of unemployment, poverty, HIV/AIDS and other development deficiencies due to the increasing closure of mines in the Republic of South Africa, high retrenchment rates, declining prices of both gold and other commodities on the world market and the changing faces and demands of the world.
- Format
- 83 leaves
- Format
- Publisher
- Nelson Mandela Metropolitan University
- Publisher
- Faculty of Arts
- Language
- English
- Rights
- Nelson Mandela Metropolitan University
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