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CHAPTER 14<br />

Conclusions<br />

-448-<br />

CONCLUSIONS AND RECOMMENDATIONS<br />

One of the major conclusions of the present study is that in<br />

spite of a long history of foreign investments, Liberians today,<br />

in general, still lack the basic skill and experience to satisfactorily<br />

perform the management and technical duties which expatriate<br />

managers, mining engineers and other technicians, administrators<br />

and bookkeepers hold in foreign companies operating in<br />

the country. <strong>The</strong> multinational corporations could have contributed<br />

more substantially to the growth and development of the<br />

Liberian economy than they actually did.<br />

<strong>The</strong> disappointing results of the transfer of technology teach us<br />

that guest companies will collaborate with the host country for<br />

the establishment of vocational training centres. <strong>The</strong>y will also<br />

finance fellowships abroad or other activities which are in the<br />

interest of the company involved since these may eventually reduce<br />

local costs, but these companies are reluctant to collaborate<br />

in cases where their immediate interests are at stake. In<br />

general, their investments are supply oriented. <strong>The</strong> nature of<br />

these investments makes some control over the nation's natural<br />

resources imperative.<br />

In protecting their commercial and financial interests, the foreign<br />

investors found important allies within the governing elite<br />

in the country. Both groups feared the majority of the Liberian<br />

people which could reduce or even eliminate the privileges they<br />

both enjoyed in the event that they would have come in control<br />

of the political system. Still, at least a potential controversy<br />

exists between the foreign investors and the ruling minority of<br />

Liberia since the former also rejected the idea of being controlled<br />

by Americo-Liberians while exploiting the country's natural<br />

resources. <strong>The</strong> latter had no choice but to accept the economic<br />

domination of foreign capital and manpower if they wanted<br />

to survive politically in a country where the tribal population<br />

outnumbered them more than fifty times.<br />

As this study has made clear, the Americo-Liberian preference<br />

for foreigners over tribal Liberians to build up a modern economy<br />

dates from the beginning of the present century, if not earlier.<br />

<strong>The</strong> tribal people were merely used by the politically elite<br />

if they were needed. Thus, tribal people were granted citizenship<br />

in a period when the Liberian Government needed to justify<br />

its claim and consequent defense of the Hinterland (1907). <strong>The</strong><br />

granting of suffrage and other political rights had a very limited<br />

meaning given the country's de facto one party structure and<br />

the power of the ruling True Whig Party. When an increasing number<br />

of foreign companies entered the country and when in surrounding<br />

areas the colonial powers withdrew, the Liberian Government<br />

introduced a major administrative and political reform, granting<br />

the tribal people of the Hinterland representation in the

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