When people think of economic powerhouses, they picture vast nations with enormous populations and abundant natural resources. Yet some of the world's most prosperous and innovative countries are smaller than many cities. Singapore has fewer people than Johannesburg. Switzerland is smaller than Lesotho. Estonia has a population comparable to Mauritius....
Beyond Aid Dependency: Building a Self-Reliant Lesotho
For too long, Lesotho has been caught in a cycle that many development economists call the "aid trap." While international assistance has provided crucial support during times of crisis, our over-reliance on external funding has inadvertently weakened our capacity to chart our own course toward prosperity. Today, as proud Basotho,...