Domestic Resource Mobilization in ZImbabwe’s Mining Sector: Enablers and Inhibitors
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- May 2, 2018 Create Date
Domestic resource mobilization has slowly begun to take center stage in national development discourse. There is an increasing realization that developing countries cannot fully rely on poorly structured foreign direct investment and overseas development aid to transform their economies for the benefit of the poor. It has been argued that overseas development aid and foreign direct investment has not produced the intended results and has often only resulted in creating dependency and the poor development of markets, industry and the economies of developing countries. While this point is subject to debate, what is not, is the fact that the aid model of development in developing countries is prone to challenges wrought by global events such as the migrant crisis currently affecting much of Europe and the global financial crisis of 2008.