Essay on The Economy of Afghanistan - 1370 Words

The economy of Afghanistan has significantly enhanced since the decline of the Taliban in 2001 due to the infusion of international assistance, the recovery of the agricultural sector, and service sector growth. Regardless of the progress of the past few years, this country is extremely poverty stricken, highly dependent on foreign aid, and landlocked. A lot of the population continues to suffer from shortages of jobs, clean water, electricity, medical care, and housing. Offences, insecurity, lack of infrastructure, and the Afghan Governments difficulty in extending rule of law to all parts of the country produces obstacles to the future economic growth of Afghanistan. Afghanistans living standards are among the lowest in the world.†¦show more content†¦The stunting factor to the growth entrepreneurial of Afghanistan is that there is an inadequacy of availability to infrastructure and markets. The unemployment rate is at 35%. To put it in perspective its nearly 5 times higher than the unemployment rate of America. This country is far away from full employment to say the least. The misery index adds the inflation rate and the unemployment rate. 35% unemployment plus the 5.3 inflation rate leads to a misery index of 40.3, extremely high. However graphs show a positive trend when looking at the unemployment rate. Interests rate also affect the mindsets of home buyers. More specifically they are currently triggering doubt. Afghanistan’s property rights are damaged as it is. There is a weak protection due to lack of property registries and land tiling database. This leads to disputes over who owns land. An estimated 80% of land is sold informally. As stated above Afghanistan ranks 177th in the world for education. This displays the lack of school funding. With poor education, human capital weakens. Human capital also varies directly with entrepreneurship, productivity, and employment. Afghanistans Rule of Law is damaged to say the least. The government is corrupted from the president down to lower levels of government. Illegal opium trafficking fuels the economy with nothing to oppose it. This trafficking is all possible under the weaklyShow MoreRelatedThe Underground Economy in Afghanistan1040 Words   |  5 PagesThe underground economy is a very complex structure, functioning outside the restrictions of legal and tax systems (Tradelinks, 2013). It is also vastly known as the world’s fastest growing economy. Afghanistan is a country located in Southern Asia, East of Iran and North and West of Pakistan. According to the official CIA website, the total population of this war-torn country is 31,108,077 (2013). The country of Afghanistan is often in the eyes of the media, and has had some very tough times becauseRead MoreEssay about Recent Economy of Afghanistan1504 Words   |  7 Pagestheir servant Ali’s son Hassan. Growing up together in Afghanist an during times of peace, they are split up due to unruly events, and the Soviet raid. Leaving behind all their belongings, Amir and Baba escape to America while the place they called home is devastated as the Taliban take over and establish their own regime. Throughout the story, Hosseini’s writings depict the abrupt change in conditions experienced by the people of Afghanistan, as the cruel demeanor of this terrorist group’s reignRead MoreThe Soviet Withdrawal From Afghanistan1224 Words   |  5 Pagesthe 1970s Afghanistan got most of its income from the international state system, but the societies were split between a rural and urban economy. The Soviet withdrawal from Afghanistan in 1989 created predation by commanders and smuggling into Pakistan because of this high risk environment peasants had to adapt. The Taliban was created by Afghan and Pakistan religious leaders to benefit from social capital because of commanders imposed heavy costs on trades between Pak istan and Afghanistan (Rubin,Read MoreDeveloped Country Vs. Developing Countries988 Words   |  4 Pagesthe titles that countries around the world are being labeled by based on the development of their economy and technological infrastructure. Although these countries may carry a likely similar name, they are however completely different in many ways. The two types countries usually differ in their environment, population, education , and living conditions. Most importantly, they obtain distinct economies, which makes them part of two different worlds. What is a developing and developed country, whatRead MoreAfghanistan War Essay1740 Words   |  7 Pagesstarted the war in Afghanistan. It’s been eight years since this incident, and the United States and President Obama still want to keep this war going. Next year they are going to send 30,000 troops to Afghanistan and Iraq. There are three reasons why they shouldn’t send them: one for their safety; two Afghanistan should keep their business to themselves; and three it’s going to affect the economy big time. First of all President Obama is going to send 30,000 troops to Afghanistan next year. My firstRead MoreThe Enduring Strategic Partnership Agreement915 Words   |  4 Pagesrelationship with Afghanistan, to help maintain Afghan sovereignty, maintain peace and prosperity between the United States and Afghanistan, and to take out our common enemy, Al Qaeda and all affiliates [with Al Qaeda].† Another goal of this treaty is to create a functioning democratic government by 2022. The agreement also states that we will help Afghanistan start and maintain a democracy. The Enduring Strategic Partnership Agreement affects the Afghanistan military, geography, economy, and the relationshipsRead MoreWhy Did The Us Invade Afghanistan1158 Words   |  5 PagesWhy did the US invade Afghanistan in 2001? Theoretically, it holds that the United States (US) invaded Afghanistan as a self-defense strategy following the 9/11 attacks. Practically, however, as US foreign policy is about conquest, self-protection and resource-extraction, it seeks strategic dominance of geographical space to sustain its global relevance. The rationality of the US suggests the need to continuously accumulate capital, resources and military proficiency to ensure autonomy. ThereforeRead MoreThe Impact Of Tajikistan On The United States Of The Soviet Union1589 Words   |  7 Pagesconsiderable amounts of turmoil. When it was first declared a sovereign nation it was plunged very quickly in to civil war. The war led to a quick decline in the nation’s economy. This war crippled the nation leaving Tajikistan very weak in the June of 1997 when the war finally drew to a close. This civil war weakened Tajikistan’s legitimate economy and left many people to â€Å"rely on the revenues of illicit opiate trade†. Tajikistan is slowly recovering from the effects of becoming a new nation, plagued withRead MoreThe war on terrorism in Afghanistan has been the longest war in the history of the United States of1100 Words   |  5 Pagesterrorism in Afghanistan has been the longest war in the history of the United States of America, the war that nobody wanted is finally coming to an end. Ever since the September 11th attack on the twin towers in the heart of New York, the United States has led a 13 year long war on terrorism in the war-torn country, Afghanistan. The ending of the war is a major turning point in the history of America and Afghanistan. The ending of the war will be the greatest test on the people of Afghanistan to see howRead MoreJesuit College Preparatory School. . Hot Spot: Bolshevik1564 Words   |  7 PagesJESUIT COLLEGE PREPARATORY SCHOOL HOT SPOT: Bolshevik Revolution and Taliban in Afghanistan A RESEARCH PAPER SUBMITTED TO MR. TRIPLETT SOCIAL STUDIES DEPARTMENT BY Maxwell Abmas DALLAS, TEXAS MAY 12, 2017 The Islamic fundamentalist group known as the Taliban continues to act as a dominant group in Afghanistan even 14 years after the invasion by the US. The Taliban ruled Afghanistan from 1996 until 2001 when an invasion led by the US collapsed the regime due to the Taliban providing