Thursday, October 18, 2007

A High Tech Future to Rwanda

Fire of Liberty

After reading this piece over at the Christian Science Monitor, I'd say the people of Rwanda are moving beyond their horrific past and are focusing on their economic well being by becoming an information technology hub through the installation and use of fiber optics and high speed Internet. While some of the economic development gurus in the UN and Europe might argue that spending $65 million over twenty years to build up such a high-tech infrastructure is waste of the governments money, I believe that such technology will provide the much needed tide to lift all boats in Rwanda. With a highly literate population and a lack of natural resources to depend on the people of Rwanda will be using the their best assets which is their brains. From looking at the dynamic economies which have emerged in various island nations in Asia, India and other parts of the world, I have no doubt that Adam Smith's "animal spirits" will be unleashed amongst the Rwandan countryside thus making the economy the envy of Africa. Even more, this move towards high technology will also provide various corporation an incentive to open up factories or industries within Rwanda thus allowing greater economic opportunities to the population thus warding off the notion of people joining militias to harm their neighbor.(I think the mid 1990's nipped this in the bud in Rwanda). So here's hoping the folks of Rwanda great luck in their venture in the modern economy.

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