Liberia: Private Sector Monopoly for Lebanese Businesses Is Counter-Productive to the Pro-Poor Agenda

Why are a monopoly, corruption, and undue government interference and control, and regulation always a subculture in Liberia and amongst Liberian officials at all levels? Why do those who are frequently entrusted with state power in Liberia lack natural patriotism to their own people and country? These questions are serious, especially so when Liberia faces a nexus of problems that manifest themselves as slow economic growth, high unemployment, social strife, and excruciating marginal poverty.

I posed these questions because it would appear that some members of the Liberian legislature and many in certain government functionaries are never prepared to seek the interests of the Liberian people either because they are just plain unethical or just clueless about the fast-paced race of modernization and globalization in which countries around the world and those in our backyard are becoming more competitive than ever before. In such competition, a free enterprise market economy that cultivates and promotes innovation, competitive and visionary entrepreneurship remains a vital and non-negotiable vehicle that is optimal for everyone's pursuit.

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