Namibia
Namibia lies in the southwest of the southern Africa (former German southwestern colony). It is almost three times the size of Germany in terms of area. It has a small population of about 2.5 million people and has great natural mineral wealth and endlessly breathtaking nature. Despite its natural wealth and a per capita gross domestic product (GDP) of $6,400 / (high-middle income countries), Namibia ranks second to last in the official Gini Index ranking (inequality income distribution) at 59.1 points. Due to major challenges in the domestic economy, high unemployment of 45%, poor education infrastructure and inequalities in terms of ethnic groups, Namibia is classified as a developing country by the United Nations.
Some positively minded experts (including Nobel laureate Joseph Stieglitz) see the country already making progress toward becoming an emerging economy, but are also certain that it will continue to rely on development aid for at least a decade to pursue its goals.
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