POLITICAL FACTORS AFFECTING ECONOMIC DEVELOPMENT IN MOGADISHU SOMALIA
Abstract
Economic development is crucial aspect for the development of a country or a nation. The issue of political factors affecting the socio economic development in Mogadishu seems recovering new building, infrastructure and population increase in the city are visible. Economic development objectives attainment will be hard job and journey or adventure. Somalia had seen the actual relationship between economic development and instability. In Somalia civil war in1990 and continued for twenty five years. Prior the civil war time meaning 70s, and 80s, there was a greater political stability in the country and actually, the economic development initiatives or objectives have been visible. There were many development projects or programs, infrastructure improvement, investment of the different sectors of economic fields. But when the civil war continued in the last twenty five years there were no economic development initiatives on the development of infrastructure, industry, trade and other social development project and schemes. This means that political in stability hindered all economic development initiatives. In this regard economist sees political instability the most harmfully and negatively influencing economic development. Because it seems to economists that other relating issues influencing economic development negatively could be remedied but the political instability is somehow vital aspect to economic development. There are many production, services, skills, capital, investment and commodity movements and exchanges for both in the short term and in the long term form place to place through different means or systems. These are very crucial and important to economic development objectives but when there is political instability the movements of these could and can be smooth and timely. Because of greater effect of much material, resources and resources involved economic transactions, the political factor affecting social economic development ruins or hinders the attainment sacrificed. The results from the study research study from the data collection, which was done by survey questionnaires for suitable questions related to the topic indicated the outcome of the findings that political factors affected the economic development in Mogadishu Somalia.
Key terms: Socio-Economic Development, People Displacement, Health Sector Collapse, Education Sector Collapse, Central Government Collapse
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DOI: http://dx.doi.org/10.61426/sjbcm.v5i1.621
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