Economy
The region is distinct from the rest of Africa, with some of its main exports including platinum, diamonds, gold, and uranium, but it is similar in that it shares some of the problems of the rest of the continent. While colonialism has left its mark on the development over the course of history, today poverty, corruption, and HIV/AIDS are some of the biggest factors impeding economic growth. The pursuit of economic and political stability is an important part of the region's goals, as demonstrated by the SADC. South Africa is the dominant economic "superpower" of the region. South Africa's GDP alone is many times greater than the GDPs of all other countries in the region.
Read more about this topic: Southern Africa
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)