The Republic of Djibouti is a small country located in the horn of Africa to the north east of Africa which is bordering the Gulf of Eden at the south of the Red sea. The bordering countries are: Eritrea to the north, Ethiopia covering both north, west, and south and finally Somalia which borders them in the southeast with the approximate area of 23,200 km2 of land. The location of the country is in a manner that it forms a link between several countries of the world through trade and commerce. The land might be small but it is carrying an amazing population of 872,932 which is quite amazing with the size of the land given to them. There are various civilizations that have established their influence on the culture of Djibouti
Considering the …show more content…
Between 2005 and 2012, Djibouti’s Human Development Index value had increased from 0.405 to 0.445, an increase of 10 percent or average annual increase of about 1.4 percent which has been a very great improve.
The rank of Djibouti’s Human Development Index for 2011 based on data available in 2012 and methods used in 2012 was– 164 out of 187 countries. In the 2011 HDR, Djibouti was ranked 165 out of 187 countries. However, it is misleading to compare values and rankings with those of previously published reports, because the underlying data and methods have changed.
Table A reviews Djibouti’s progress in each of the Human Development Index indicators. Between 1980 and 2012, Djibouti’s life expectancy at birth increased by 10.4 years and expected years of schooling increased by 3.3 years. Mean years of schooling was estimated from the UNICEF’s 2006 MICS. Djibouti’s GNI per capita increased by about 8 percent between 1995 and 2012
Table A: Djibouti’s Human Development Index trends based on consistent time series data, new component indicators and new methodology. Life expectancy at birth Expected years of schooling Mean years of schooling GNI per capita (2005 PPP$) HDI value
1980 47.9 2.4
1985 50.1 2.4
1990 51.4 …show more content…
These is because the country nowadays supports investors and investors helps in the building the economy of the country. Currently there are many investors in the country who are doing well but the political position of the country is not suitable for the business because there is a possibility of Government rebels whish can happen any time without any warning. The government is strict on the policies regarding investors and by every means they try to protect the wellbeing of their investors for their investors. The strategy is adopted to attract many private investment was based on three pillars: (i) creation of a legal framework conducive to private investment; (ii) pursuit of reforms designed to reduce production factor costs and to improve the management of public enterprises; and (iii) improvement of the labor environment. The implementation of these strategic approaches during the period 2004–2006 was signaled by the adoption in December of 2005 of a new Labor Code making recruitment requirements much more flexible and favoring investment. The promotion efforts have already started to bear fruit, as the main engine of economic growth in recent years, private investment has grown considerably fast. For example, the share of private investment in GDP, under the influence of FDI, reached 22 percent in 2006, compared with 9.7 percent of GDP in 2005. In addition to the port sector, where most of these
Considering the …show more content…
Between 2005 and 2012, Djibouti’s Human Development Index value had increased from 0.405 to 0.445, an increase of 10 percent or average annual increase of about 1.4 percent which has been a very great improve.
The rank of Djibouti’s Human Development Index for 2011 based on data available in 2012 and methods used in 2012 was– 164 out of 187 countries. In the 2011 HDR, Djibouti was ranked 165 out of 187 countries. However, it is misleading to compare values and rankings with those of previously published reports, because the underlying data and methods have changed.
Table A reviews Djibouti’s progress in each of the Human Development Index indicators. Between 1980 and 2012, Djibouti’s life expectancy at birth increased by 10.4 years and expected years of schooling increased by 3.3 years. Mean years of schooling was estimated from the UNICEF’s 2006 MICS. Djibouti’s GNI per capita increased by about 8 percent between 1995 and 2012
Table A: Djibouti’s Human Development Index trends based on consistent time series data, new component indicators and new methodology. Life expectancy at birth Expected years of schooling Mean years of schooling GNI per capita (2005 PPP$) HDI value
1980 47.9 2.4
1985 50.1 2.4
1990 51.4 …show more content…
These is because the country nowadays supports investors and investors helps in the building the economy of the country. Currently there are many investors in the country who are doing well but the political position of the country is not suitable for the business because there is a possibility of Government rebels whish can happen any time without any warning. The government is strict on the policies regarding investors and by every means they try to protect the wellbeing of their investors for their investors. The strategy is adopted to attract many private investment was based on three pillars: (i) creation of a legal framework conducive to private investment; (ii) pursuit of reforms designed to reduce production factor costs and to improve the management of public enterprises; and (iii) improvement of the labor environment. The implementation of these strategic approaches during the period 2004–2006 was signaled by the adoption in December of 2005 of a new Labor Code making recruitment requirements much more flexible and favoring investment. The promotion efforts have already started to bear fruit, as the main engine of economic growth in recent years, private investment has grown considerably fast. For example, the share of private investment in GDP, under the influence of FDI, reached 22 percent in 2006, compared with 9.7 percent of GDP in 2005. In addition to the port sector, where most of these