Bad Policies: Benefits For Few +
By J. Yanqui Zaza
Atlanta, Georgia
November 13, 2007
Even the
In addition to the
farm industry and forest industry that are inexpensive to operate, another
industry that requires minimal investment and would also provide low skilled
jobs for former combatants is the diamond industry. President Sirleaf said her government
believes in privatization coupled with government’s limited role. However, if
the
Predictably,
President Sirleaf’s economic philosophy is based on imitating policies of the
World Bank. But the World Bank created in 1944 is not a philanthropic
institution as it professes to be. With about 10,000 employees at a
Headquarters located few miles away from the White House in
If President Sirleaf
is serious about not repeating the mistakes of the past, so why is she
following the World Bank that encouraged Liberia to waste over hundreds of
millions of dollars on Hotel Africa in Monrovia? Or why is President Sirleaf
delaying the idea of a national conference to discuss policies, rather she has
authorized an agency to plan our national policies such as arranging the sale
of our natural resources? The Finance Minister, Dr. Antoinette Sayeh did
disclose this year (according to J. Ebenezer Daygbor of the Analyst, a Liberian
local newspaper) that the Liberia’s Extractive Industries Transparency Initiate
(LEITI) is responsible to plan and insure that Liberia’s natural resources such
as minerals, gas, oil, and forestry rights are awarded efficiently. If I may
ask, is a good idea to privatize the process of awarding the bidding of our
natural resources to profiteers? Are members or owners of LEITI accountable or
loyal to the country?
President Sirleaf
believes that privatizing our natural resources would generate adequate
dividends, even it such policy ended up accumulating more wealth in the hands
of the few, as we saw in the past. However, if our government’s recent
negotiation, which netted $2,400,000.00 from the
Does the President’s
theory of privatization consider the idea that Liberians returning to ruined
communities or employees affected by the rightsizing policy might not have
adequate resources to compete with many of her supporters who own moneymaking
properties? (See the Schedule showing, on the average, $40,000.00 paid for renting
each of the 24 properties). Or why was it easy to lay off poor workers, but
President Sirleaf finds it difficult to fire her advisors who are accused of
corruption? As David Brook of the NY Times said, a government creates tensions
and gets unequal results “…if it leaves unequally endowed people free to
achieve…”
President Sirleaf
and her $300,000.00 advisors do not just believe in the trickle-down concept
(privatization), but do want a lean/small government, a view shared by the
likes of Paul Wolfowitz, former president of the World Bank who resigned this
year for over-paying his female friend. Proponents of this view usually do not prefer
a government to undertake any activity, especially so if government’s
management would prove efficient than a private entity. Consequently, President
Sirleaf's insistence on implementing austerity measures, selling our natural
resources to de facto owners and rejecting the idea of investing in industries
that could provide low-skilled employment for many of our unskilled youths,
would widen the gap between the haves and have-nots, a recipe for dictatorship
or anarchy.
Schedule of payments for properties,
including non-real estate properties, if any.
1.Min. of Ed.
|
$80,000
|
9. Min. of Com.
|
$40,000
|
17. Min Justice
|
$150,000
|
2.Transportation
|
90,000
|
10. Forestry
|
68,000
|
18. Min. Defense
|
40,000
|
3.
|
150,000
|
11. En. Agency
|
35,000
|
19. Civil Ser.
|
45,000
|
4. G. Audit C.
|
40,000
|
12. Youth/Sport
|
72,000
|
20. Agricultural
|
37,000
|
5. Budget Bureau
|
20,000
|
13. Min. Labor
|
50,000
|
21. L. I. P. A.
|
50,000
|
6. Min. of Info
|
24,747
|
14. Min Health
|
40,000
|
22.
|
50,000
|
7. National E. C.
|
70,000
|
15. Min. Inter.
|
36,000
|
23. Min. P. Work
|
23,000
|
8. NSA
|
10,000
|
|
25,000
|
24. Min. Foreign
|
15,000
|
|
|
|
|
|
|
SOURCE: The 2006/2007 Budget Report by the Liberian
Government.
Schedule of public Corporations, Commissions, and other
semi-Gov. entities
1. Lib. Broadcasting
|
11. Intellectual
Property
|
21. National Inv.
Com
|
2. National
Insurance
|
12. Agricultural
Dev. Bank
|
22. Council of
Eco. Advisor
|
3. Lib. Bank for
Dev. & Inv
|
13. National Oil
Co.
|
23. Lib. Rep.
Rehab
|
4.
|
14. Lib. Ind. Pro.
System
|
24. Human Rights
|
5. Lib. Copyright
|
15. Lib.
Electricity Corp.
|
25. Governance
Reform
|
6. Lib. Water
& Sewer
|
16. Mon. Transit
Authority
|
26. Permanent
Claim
|
7. Lib. Industrial
Free zone
|
17. Lib.
Telecommunication
|
27. Truth &
Reconciliation
|
8. Lib. Produce Market
|
18. National debt
Task F.
|
28. Public
Resource
|
9. National
Housing
|
19. Bureau of
Maritime
|
29. Lib. Recon
& Dev.
|
10. Nat. Housing
& saving
|
20. Lib. Agency
for Com
|
30. Other Levels
of Gov.
|
The 2006/2007 did not show rental payments for properties
used by public corporations, Commissions, or semi-government entities.