Wednesday, October 29, 2008

Swaziland: A tale of two countries

Photo: Waiting for healthcare (BY James Hall/IRIN)

MBABANE, 28 October 2008 (IRIN) - The irony is not lost on Swazis: the population is among the world's poorest, and yet the kingdom is classified as a "middle-income country". How come?

According to Musinga Timothy Bandora, resident coordinator of the UN Development Programme (UNDP), "A nation's wealth is measured by several factors; this includes gross national product." In the case of Swaziland, ruled by sub-Saharan Africa's last absolute monarch, if the nation's wealth were equally distributed, each Swazi would receive US$100,000.

In per capita income terms, Swaziland ranks somewhere between Armenia and Paraguay, with
export earnings based on agriculture and textiles; but, in terms of the share of the national wealth, the richest 10 percent of Swazis control over 50 percent of the country's income, a level of ine quality worse than in Brazil or South Africa, and beaten only by Namibia.

"Swaziland isn't a poor nation when you measure its gross domestic product; the problem is that the wealth is being siphoned off by a few people, with the king and the royal family top of the tree.
What's left, and it isn't much, goes to the people," said Richard Rooney, associate professor of Journalism and Mass Communication at the University of Swaziland.

For the rest of the article click here: http://www.irinnews.org/Report.aspx?ReportId=81161


Add to Technorati Favorites

No comments: