1.

A) Vision 2030 emphasises the importance of a change in production structure, a change in export structure, and the contribution to be made to wealth creation by small- and medium-scale enterprises (SMEs). Vision 2030 also emphasises the need for job creation and labour-intensive growth strategies. Briefly discuss the main objectives of Namibia’s Industrial policy. (10)

 B) The Growth-at-home Strategy is Namibia’s execution strategy for industrialization. Discuss the main hindrances to the full realization of this strategy. (10)

 Question 2 

Increasing value added activities in the economy could alleviate unemployment and reduce poverty. NDP5 identifies challenges faced by the manufacturing sector and proposes a number of strategies. Discuss these challenges and strategies as outlined in NDP5. (20)

 Question 3

 The purpose of Namibia’s Competition Act 2 of 2003 is to a certain extent to promote consumer welfare. Discuss how competition law and policy promote consumer welfare. (20)

 Question 4

 Namibia has adopted a market-driven land redistribution policy. Give a critical analysis by comparing and contrasting the Affirmative Action Loan Scheme and the Resettlement program, (20)

 Question 5 

 The WTO aspires for free trade by binding its Members with international commitments in terms of access to the goods and services markets, the use of economic policy instruments affecting trade, and the state support of agriculture. Namibia has been a WTO member since 1 January 1995.Discuss the following question.

 i) What are the Benefits of WTO membership. (10)

 ii) Discuss the two main principles of the WTO. (5)

 iii) Discuss the two main trade remedies that Namibia could use to safeguard its market against imports. (5)

Answer rating: 100% (QA)

1 A The main objectives of Namibias Industrial Policy are to promote the development of a diversified and sustainable industrial sector that is able to contribute to economic growth and development an... View the full answer