Sierra good health. This does not even take

Sierra Leone AnalysisZachary J. HaalaIn partial fulfillment of the requirements for theCollege Now Principles of MacroeconomicsGlobal Analysis ProjectSouthwest Minnesota State UniversityDecember, 2017   200 Ellsworth St SE, Sleepy Eye, MN [email protected] SchneiderSierra Leone is a developing country in Western Africa. While being the number one country in industrial production growth rate, 26.2%, and having only a 3.4% unemployment rate, down nearly 6% from just 2 years earlier, many would question whether or not Sierra Leone is a decolping country. The country is clearly on a path for the better, with the best industrial production growth rate in the world, and a rather low unemployment rate, so the country seems to be in a great situation, right? These few, simple statistics, however, do not give an accurate overview of the country’s economy and well-being, or in this case ill-being, as a whole.    The problems within Sierra Leone lie within two specific sectors of the country that intertwine and connect, yet have such different impacts on the nation. These two sectors are: number one, healthcare, and number two education. Sierra Leone’s health care system is extremely sub-par, having only about 1 physician for every 41,667 people, it becomes virtually impossible to keep the majority of people in good health. This does not even take into consideration that many of these physicians are under qualified to perform effectively in many situations. The effects of having so few qualified physicians have definitely left a mark on the country as a whole. The life expectancy on average for males is just 56 years of age, and females 58 years. One huge factor that causes this is the problem of physicians not being able to consistently care for children who have been born and on top of that; the parents are not able to properly provide the children with healthy living conditions. On average about one out of every 15 births ends in infant death. Sierra Leone is also the leading country in the world in maternal mortality rate, not a good statistic to be leading in. About one out of every 74 live births end in maternal death. Even if live birth is successful, about 33% of children under the age of 5 are malnourished. The real question is why is this happening?    The root of Sierra Leone’s problem lies in education. By having a tremendously poor education system, Sierra Leone has become stuck in a cycle of impoverishment. Sierra Leone mandates the first 9 years of education, which, in the grand scheme of things seems just fine. This rule, however, is not well enforced. Many children only go to school for a very short time, if at all, as 97% of children do not finish through secondary school! Only 2% of students go on to obtain post-secondary education. Because of their poor education system, a dismal literacy rate of only 48% for the country has ensued. This is the main reason why Sierra Leone is in such terrible condition. Without education, the vast majority of the population experiences low standard of living. They are stuck with low paying jobs that have little effect on growing the economy. The inability to produce for the country as a whole has led to a national debt of over $1.5 billion. This is not improving as the net export last year for Sierra Leone was a negative $490 million. With an 11.5% inflation rate, and only  $1,700 real GDP per capita, the standard of living in Sierra Leone is extremely low. Without advancing education and healthcare within the country, Sierra Leone will be stuck as a developing nation for the future.The country of Sierra Leone is so abundant in natural resources that it is actually bad for the country. How can this be possible? Well, the root of this problem lies within the country being poorly developed. The “resource curse” is a term used to describe “A paradoxical situation in which countries with an abundance of nonrenewable resources experience stagnant growth or even economic contraction.” This often occurs when a country focuses most of its time on a single industry in the economy, such as mining or agriculture, and doesn’t pay attention to other major industries. The resource curse applies directly to Sierra Leone, and is the case for some other countries in the same or near regions in Africa. In 1991, Civil War broke out in Sierra Leone. The Revolutionary United Front (RUF), rose up against the country’s government. The main contributor to finance the war? Mining diamonds. More disputes arose over the fight to obtain said resource. Although diamonds were extremely abundant, many believed that the war could be won simply by mining enough diamonds to win the war by simply having more money. This of course did not happen, as the United Nations ultimately interfered, and the war ended in 2002.The long lasting effects of the war ensued, however, as the country experienced an extreme setback from not only economic growth, but growth for the country as a whole. The resource curse hit Sierra Leone hard, and is debatably the best example for a country that has been affected greatly by this problem. The mining industry was heavily attended too, but other major industries that would advance the country greatly, such as the education, health care, and computer industries, were given little to no attention whatsoever.If the country itself would have been more developed in the first place, the civil war in Sierra Leone potentially could have been avoided completely. With a great amount of diamonds in the country, they could’ve been used for the betterment of the economy, and essentially skyrocketed it, however, the diamonds were not being used in the right way for a long period of time. These diamonds could’ve been used in cutting materials, X-Ray machines, and used to be sold as gems, promoting economic activity within the country. With a broken education system, Sierra Leone does not set themselves up for the betterment of the country in the future. The country has a mere 48.1% literacy rate. This is atrocious, as it only accounts for the percentage of people in the population who can read and write at a 5th grade level. The Civil War that occurred from 1991-2002 in Sierra Leone attributed to a huge negative impact on the education system. Over 1,200 schools were completely destroyed, which an incredibly large number considering the small size of the