Economic Development In Africa

BY Tomoe

     The author thinks countries need address about the bank deposit to not only the countries which lent but also which borrowed like South Africa.  In addition, those third world’s bottom billions people are suffered from political and economic problems.  They are left alone in the global economy. 

     Also, lack of access to education is a big problem for people, particularly in practical sustainability that is directly relevant to their lives. (Ghana Permaculture Network, 4 )

     I consider that it is important to develop Ghanaian economy due to improve member of the middle class and low class in rural area.  I explain the process.  I can say that agricultural production is able to increase if Ghanaian farmers change their mind.  First, Ghanaian gets education and knows the benefit of selling surplus farm produce.  They sell those produce and want to yield more farm produce by agricultural equipment. Second, foreign countries’ companies sell the equipment in Ghana.  Then there is the matching of supply and demand.  Ghanaian can develop their farm produce and make worth and foreign countries’ companies also get worth.  

     Someone insist of the need of government support. However I oppose the opinion.   I went to Ghana and I recognize the business structure.  I explain recycle business in Ghana.  The big company in Ghana exports garbage to China and it has strong power in Ghana.  Government and the company link up so there is no recycle plants.  Other factor can’t begin recycle business.  I heard it when I visited the cleaning material company in Ghana.  Some companies’ power is bigger than government in Ghana.  

     For the success of the process, I show the how to approach.  First, a venture company communicates with farmers and tells the benefit of selling surplus farm produce.  “A venture company” increases in developing country like Bangladesh.  Eriko Yamaguchi, who is a Japanese, did such job and succeeded business in Bangladesh.  It shows the possibility of venture companies.  After a venture company found the basis, big company come into Ghanaian business.  They take new and better equipment and improve farm produce in Ghana.  

Sourced by http://www.ode.ausaid.gov.au/publications/documents/bottom-billion-issues-note.pdf

http://www.ode.ausaid.gov.au/publications/documents/bottom-billion-issues-note.pdf