Financial Liberalization and Small Enterprise Finance in Ghana 1) INTRODUCTION: The dynamic role of small and medium scale enterprises (SMEs) in developing countries have been highly emphasised. These enterprises have been identified as the means through which the rapid industrialisation and other developmental goals of these countries can be realised. However‚ Small enterprises in developing countries typically cite lack of access to finance as an important constraint on their operations. This
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CHILD LABOR AND SCHOOLING IN GHANA Sudharshan Canagarajah Harold Coulombe This paper is one of a series of background papers undertaken as part of a World Bank Economic and Sector Work (ESW) on Ghana: Labor Markets and Poverty. We acknowledge funding from Dutch and Canadian Trust funds. The findings‚ interpretations‚ and conclusions expressed in this paper are entirely those of the authors‚ and do not represent the views of the World Bank in any way. TABLE OF CONTENTS Pages Abstract
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The Economic Development of Ghana Ghana is an African country located on the western side of Africa. Its neighbors are Burkina Faso to the north‚ Togo to the east‚ the Atlantic Ocean to the south‚ and Cote D’Ivoire to the west. It has a population of 18‚100‚ 703 and a population density of 197 people per square mile. Ghana is 92‚098 square miles and English is its official language. The capital city of Accra has around 1‚ 673‚000 people residing in it. There are the physical statistics‚ now onto
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Globalization on Ghana Globalization is a phenomenon that has conquered much of the world we live in today. From the depths of the most rural village to the world’s biggest cities‚ the effects of globalization are quite apparent. However‚ this paper aims to address the issues that globalization presents for countries in West Africa; more specifically‚ Ghana. To fully understand the situation of Ghana‚ we must look at the meaning of globalization and what it represents to Ghana and the Ghanaian
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Jasean Fowlkes Professor Marrow History 101 November 26‚ 2013 1. Ghana means: "Warrior King". Ghana was the title given to the emperors of Wagadou‚ which is why it became known in Europe and Arabia as the Ghana Empire. Although present day Ghana took its name from the ancient Ghana Empire‚ there is no territory common to the two‚ as Wagadou was located in what is now Southeastern Mauritania‚ Western Mali‚ and Eastern Senegal. (The name Wagadou meant ’Land of Herds’). 2. Ghana’s capital city
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It is inevitable that many developing countries look to progress economically‚ socially‚ and politically. In the case of Ghana‚ issues of development range from poverty to primary education‚ also from internal and external resources to basic healthcare. Africa‚ among the many developing continents full of Third World countries‚ has been invariably problematic in terms of economic growth and development. The need to meet the Millennium Development Goals (MDG’s) is critical to the people of Africa
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Access to prospective land; ? Training and application of technology; ? Dissemination of best practice; ? Business management; ? Availability of micro-credits and other development instruments; and use of revenues.Mining and quarrying companies in Ghana face challenges when it comes to obtaining licenses and permits‚ land acquisition and community disputes. Infrastructure Exploration takes mining companies to remote areas and setting up mining operations in these areas can be a challenge due to
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Ghana 50 Years On Assess whether life in Ghana is improving and what issues it faces for the future Speaking for the Ghanaian Government; Frank Agyekum‚ ‘Ghana has done well’ he says. ‘Ghana is a thriving democracy with a stable economy’ he claims. ‘Kids got to school and are fed’‚ but the crowd does not agree. A graduate‚ Samuel Ablakwa‚ explains that children are ‘still on the streets hawking’ and people have to pay for uniforms and textbooks. He also contests prosperity saying ‘I’m still carrying
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Republic of Ghana and the Federation of Malaysia had a lot in common. Though in different parts of the world‚ they both had been colonies of the United Kingdom and neither gained their independence until 1957. While both nations possessed a mix of resources that should have bestowed them with prosperity‚ they both started off on an "economic par" meaning both were equally poor and equally dependent on the export of raw materials. Today‚ the two nations have very little left in common. While Ghana is still
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GHANA ECONOMIC OVERVIEW In the first quarter of 2010‚ the Ghanaian economy continued to show increasing stability. The drop in inflation rate deepened as headline inflation recorded a ninth consecutive decline in March. Supported by strong inflows from exports‚ increased international reserves‚ the foreign exchange market remained stable and the cedi strengthened against the major trading currencies. At the end of the first quarter‚ the country’s gross international reserves stood at US$3.3 billion
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