South Africa should learn from Haiti's transformation

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Like Haiti, South-Africa has its own socioeconomic challenges, such as the alleviation of poverty and the provision of housing. Affordable housing in the right locations can bolster South Africa’s economic mobility and ultimately drive the country’s GDP growth.

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Like Haiti, South-Africa has its own socioeconomic challenges, such as the alleviation of poverty and the provision of housing. Affordable housing in the right locations can bolster South Africa’s economic mobility and ultimately drive the country’s GDP growth. The use of Innovative Financing for Development (IFD) mechanisms, like those of LSL World Initiative (LSL), could provide South Africa with a solution. IFD mechanisms are proven solutions that identify new revenue sources for sustainable development for a government. The revenues are generated through micro-contributions placed on globalized activities.

 

IFD helped Haiti to meet some of its socioeconomic challenges and gave the tourism and education sectors a much-needed boost. After two and a half years, the face of Haiti had completely changed. South Africa could also apply LSL’s innovative financing for development model, but specifically tailored to South African requirements, so that significant additional revenues could be identified for the government. This could especially reduce the housing backlog and empower South Africa toward a prosperous, sustainable future through economic self-sufficiency.

 

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LSL World Initiative can help. 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Like Haiti, South-Africa has its own socioeconomic challenges, such as the alleviation of poverty and the provision of housing. Affordable housing in the right locations can bolster South Africa’s economic mobility and ultimately drive the country’s GDP growth.

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Like Haiti, South-Africa has its own socioeconomic challenges, such as the alleviation of poverty and the provision of housing. Affordable housing in the right locations can bolster South Africa’s economic mobility and ultimately drive the country’s GDP growth. The use of Innovative Financing for Development (IFD) mechanisms, like those of LSL World Initiative (LSL), could provide South Africa with a solution. IFD mechanisms are proven solutions that identify new revenue sources for sustainable development for a government. The revenues are generated through micro-contributions placed on globalized activities.

 

IFD helped Haiti to meet some of its socioeconomic challenges and gave the tourism and education sectors a much-needed boost. After two and a half years, the face of Haiti had completely changed. South Africa could also apply LSL’s innovative financing for development model, but specifically tailored to South African requirements, so that significant additional revenues could be identified for the government. This could especially reduce the housing backlog and empower South Africa toward a prosperous, sustainable future through economic self-sufficiency.

 

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Like Haiti, South-Africa has its own socioeconomic challenges, such as the alleviation of poverty and the provision of housing. Affordable housing in the right locations can bolster South Africa’s economic mobility and ultimately drive the country’s GDP growth. The use of Innovative Financing for Development (IFD) mechanisms, like those of LSL World Initiative (LSL), could provide South Africa with a solution. IFD mechanisms are proven solutions that identify new revenue sources for sustainable development for a government. The revenues are generated through micro-contributions placed on globalized activities.

 

IFD helped Haiti to meet some of its socioeconomic challenges and gave the tourism and education sectors a much-needed boost. After two and a half years, the face of Haiti had completely changed. South Africa could also apply LSL’s innovative financing for development model, but specifically tailored to South African requirements, so that significant additional revenues could be identified for the government. This could especially reduce the housing backlog and empower South Africa toward a prosperous, sustainable future through economic self-sufficiency.

 

Read the original article.

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