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  • Essay / Rwanda's oil industry could provide a big boost to the country

    The article, written by Stephanie Aglietti, describes a small African country, Rwanda's extraordinary efforts to develop its essential oils industry. It is divided into three parts, starting with general information about the country's industry, followed by a more detailed overview of a specific company, and then a brief explanation on the industry's situation in relation to the region and to the world. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay First of all, the author numerically describes the situation of this small country regarding the agricultural sector and how it has changed over the years. It indicates that agriculture represents a significant part of their GDP and that 80% of the population works in this sector. For every acre of land, the income from essential oil production can be even four times that of harvesting beans. A local agronomist, Nicholas Hitimana, introduced the plant to the country and aims to increase exports of this product since 2004 in order to diversify Rwandan agriculture. In the next paragraph, Hitimana states that his country has a meteorological advantage over South Africa, since they do not have winter, which allows the country to harvest four times a year compared to two in South Africa. Then, Aglietti claims that the essential oil extracted from twenty-five hectares of plantation is exported, among others, to the United States, Canada and South Africa. The agronomist then says that although it was difficult at first to train the employees to take good care of the plants, it later paid off, even for them, because they earn much more. According to the last part, Rwanda's oil exports almost reached $500,000 in 2016. In the last paragraph, the author mentions that the demand for these types of oils is increasing year by year due to their wide variety of uses. Additionally, readers will get an overview of Rwanda's progress in meeting these growing demands by building a new laboratory. Finally, an official from the authorities sums up the subject by stating that Rwanda can only be competitive if it seeks better quality and not better quantity. The content of this article can obviously be explained by the Heckscher-Ohlin theory, although there are some hypotheses that are not entirely supported. encounter. The Heckscher-Ohlin theory assumes that there are identical customer preferences in the country and the rest of the world, but I think the article implies that Rwanda only produces oil for export, not for local uses. However, this country has abundant land, agricultural workers and has no winter, which initially gives it a comparative advantage over many other countries. To increase this advantage, they began to specialize in the essential oil industry by opening a quality control laboratory. The effect of this change, which began in 2004, is only at the end of its short-lived phase, since they have just realized that this area makes them earn much more and that like a few years before article, it was still difficult to get workers to understand how important it is to do each step of the harvesting process on time, even though it is vital if they don't. I don't want to lose much of its output. Keep in mind: this is just a sample. Get a personalized article from our expert writers now. Get Custom Essay I think Rwanda should specialize in developing its technology and launch more,.