Barriers to Economic Development in Ghana - 1431 Words

Economic development has to occur after a period of sustained economic growth. It is therefore the growth in total economic output accompanied by changes in the structure of the economy. There are many barriers to economic development in Ghana. Eight of them are discussed below: First and foremost, Ghana like most developing countries is enriched with natural resources or deposits but the human capital is not able to transform them to achieve rapid economic growth and development. For economic development to take off in any country, the human resource of the country should be in a position to harness the country’s endowed natural resources to fuel this economic development process. The skills and requisite know how that the human capital†¦show more content†¦Moreover, people who are in government and for that matter have access to huge sums of money usually do their savings outside the country because of fear. This is what is termed capital flight. Many government officials find it convenient to have their savings accounts outside the country in order not to stand the chance of losing everything should any political instability occurs. Many expatriates who work in the country also remit their earnings back into their countries of origin inste ad of saving at least part of it here for the business community to get access to capital so that they can expand their businesses to enhance growth. Also, lack of technological advancement is a barrier to economic growth and development in Ghana. Many countries that are experiencing rapid economic growth are technologically inclined. For instance, South Korea, China, Malaysia and Singapore are developing rapidly due to their advancement in technology. Ghana as a country still relies on traditional methods of doing things, example, using cutlasses and hoes in farming instead of tractors, ploughs and combined harvesters. All these traditional ways of doing things retard economic development. Industrialization which is the backbone of any rapid economic growth is not pursued much in the country mostly because Ghana lacks the required technology to support it. It is the industrial sector that will increase certain macro economic indicators like employmentShow MoreRelatedAnalysis Of The Board Of Directors For Tullow Oil Company1693 Words   |  7 Pagesin 22 different countries, 66 producing fields and has a workforce in excess of 2,000 worldwide. Tullow Oil has primary listing on the London Stock Exchange (LSE:TLW) and is a constituent of the FTSE 100 Index. It also has secondary listing on the Ghana Stock Exchange and Irish Stock Exchange. The company has a market capitalisation of  £29,526.95 (GoogleFinance, 2015). It has a $1.26 billion first half revenue and a net loss of $75m as of July 2014 (IG, 2015). 1.2 An overview of its global businessRead MoreEntr1363 Words   |  6 Pages1) What are the three parts of sustainability?   Social   Environment   Economic 2)   What did Michael Porter come up with?   A)Reinnovation   B) The Five Forces concept   C) sustainability 1) Which country was used as a subject to test the potential benefits from entrepreneurship and innovation in developing countries? (a) Haiti   (b) Uganda (c) Ghana (d) Latvia 2) According to the article pertaining to innovation in developing nations, there is a positive relationship between ___________Read MoreEvaluating The Suitability Of Solar Powered Led Lighting Systems As Replacement For Kerosene Lanterns985 Words   |  4 PagesC.K.K. Sekyere, F.K. Forson, F.O. Akuffo, â€Å"Technical and economic studies on lighting systems: A case for LED lanterns and CFLs in rural Ghana†. Published On 2012. In this study is designed to assess the suitability of solar-powered LED and CFL lighting systems as replacement for kerosene lanterns. The Ghana 22,900,927 population are using kerosene as fuel for the sources of lighting purpose. They are nearly 75.6 % of rural population and 19.9 % of the urban population are use kerosene as fuel forRead MoreAid is not the Way to Development1427 Words   |  6 Pages Trade, not aid, is the key to economic growth in developing countries. To what extent do you agree with this statement? Introduction Most of the developing countries are mired deeply in economical obstacles, which prevent them from development significantly. In order to overcome those embarrassments world’s society struggles to find the efficient solution for poor countries’ economies. Historically, developed countries undertook policy of giving aid to their coloniesRead MoreCocoa Production in Ghana: A Mechanism for Biodiversity Conservation1313 Words   |  6 Pagesthe West African sub region – specifically Ghana – as a biodiversity conservation mechanism and presents recommendations to research gaps related to agroforestry. Background According to Richard Asare, â€Å"The West African sub region is host to the world’s main cocoa producing countries, including Cà ´te d’Ivoire, Ghana, Cameroon and Nigeria† . Through progressive Conversion of forests into cocoa fields, these countries are undergoing major deforestation . Ghana in particular, underwent a substantial amountRead MoreDevelopment of Entrepreneurship in Ghana: the Way Forward2110 Words   |  9 PagesDEVELOPMENT OF ENTREPRENEURSHIP IN GHANA: THE WAY FORWARD Entrepreneurship is the most powerful economic force known to mankind. The Entrepreneurial Revolution that captured our imagination during the 1990s has now permeated every aspect of business thinking and planning. As exemplified by industry players and era definers like Sam Walton of Wal-Mart, Fred Smith of FedEx, Bill Gates of Microsoft, Mark Zuckerberg of Facebook, Alhaji Asuma Banda of Antrak Group of Companies, Mike Adenuga Jnr of GlobacomRead MoreCompany Profile, Environmental And Swot Analysis And Key Managerial Issues1647 Words   |  7 PagesConstitution of the Republic of Ghana as the fundamental law of Ghana; 2. To educate and encourage the public to defend this Constitution at all times, against all forms of abuse and violation; 3. To develop policies for the consideration of Government from time to time and organize programmes at the national, regional and district levels aimed at realizing the objectives of the Constitution; 4. To formulate, implement and oversee programmes intended to inculcate in the citizens of Ghana, the awareness of theirRead MoreEducation Reform Across The World1339 Words   |  6 Pagespreparing for one of their many examinations, children in Ghana or Brazil are struggling to merely find a way to both get an education and help to support their family. The countries that are a part of the developing world are all very diverse, however many share similar defining characteristics and face similar problems in their education system. These nations are typically those that were colonized by western nations and now suffer extreme economic polarization and political instability as a resultRead MoreNigeria s Economic And Economic Development Essay2169 Words   |  9 Pageshave positive economic advancement. Nigeria has had improvements in five of the ten economic freedoms. This includes Freedom of corruption, labor freedom, and management of government spending (Nigeria. Economy: Population, GDP, Inflation, Business, Trade, FDI, Corruption.). Nevertheless these large improvements in their economy has not brought human development, where most Nigerians live under the poverty line. This paper will focus on why Nigeria has not been able to use their economic prosperityRead MoreStructural Adjustment Programs And Its Impact On Ghana s Human Development2653 Words   |  11 Pagesadjustment programs (SAPS). This paper will argue that neoliberal structural adjustment programs implemented by the IMF and the World Bank have brought a negative impact on Ghana’s human development hindering economic and social development. To prove my thesis, this paper will be assessing Ghana’s human development index, community mining relationships, the empowerment of women and the education system. International Institutions such as the World Bank and the IMF were established at the Bretton

Protestantism Essays - 1131 Words

Protestantism originated in the 16th century Protestant Reformation. Protestant doctrine, also known in continental European traditions as Evangelical doctrine, is in opposition to that of Roman Catholicism. It typically holds that Scripture (rather than tradition or ecclesiastic interpretation of Scripture)[1] is the source of revealed truth. Meaning and origin of the term The word Protestant is derived from the Latin protestari [2][3] meaning publicly declare which refers to the letter of protestation by Lutheran princes against the decision of the Diet of Speyer in 1529, which reaffirmed the edict of the Diet of Worms in 1521, banning Luthers documents. Since that time, the term Protestantism has been used in many different senses,†¦show more content†¦Justification by Faith Alone The subjective principle of the Reformation is justification by faith alone, or, rather, by free grace through faith operative in good works. It has reference to the personal appropriation of the Christian salvation, and aims to give all glory to Christ, by declaring that the sinner is justified before God (i.e. is acquitted of guilt, and declared righteous) solely on the ground of the all-sufficient merits of Christ as apprehended by a living faith, in opposition to the theory — then prevalent, and substantially sanctioned by the Council of Trent — which makes faith and good works co-ordinate sources of justification, laying the chief stress upon works. Protestantism does not depreciate good works; but it denies their value as sources or conditions of justification, and insists on them as the necessary fruits of faith, and evidence of justification.[5] Universal Priesthood of Believers The universal priesthood of believers implies the right and duty of the Christian laity not only to read the Bible in the vernacular, but also to take part in the government and all the public affairs of the Church. It is opposed to the hierarchical system, which puts the essence and authority of the Church in an exclusive priesthood, and makes ordained priests the necessary mediators between God and the people.[5] Major groupings Trinitarian Protestant denominations areShow MoreRelatedThe Struggle Between Protestantism And Pluralism1577 Words   |  7 PagesThe struggle between Protestantism and pluralism in the 19th century In the 19th century, America was experiencing a religious diversity expansion. Religion was an essential part of the established American culture, gaining great influence on the spiritual lives of many. For some, religion meant a special interest, as many saw in religion the power to dominate while others selflessly embraced it as a form to live a harmonious life. Nonetheless, the superiority of some established religions fromRead MoreThe Spread of Protestantism in the 1500s Essay805 Words   |  4 PagesThe Spread of Protestantism in the 1500s During sixteenth century Europe a wave of religious dissatisfaction swept the European continent. There were cries for the restructuring of the Catholic Church. These cries grew into more than just a simple remodeling of the Catholic faith they grew into the Protestant Reformation. Martin Luther is credited for the reformation movement against the Catholic Church that began in 1517. The reformation began because of the corruption in the CatholicRead MoreJohn Wesley, Protestantism, And The Testament Of The Bible Essay1808 Words   |  8 PagesJohn Wesley, Protestantism, and the Parallels to Process Theology. A commentary This paper is centered around Dr. Cobb’s essay, â€Å"Wesley the Process Theologian†, and matched with notes on John Wesley from Dr. Hughes lectures in Protestantism in the Modern World. Through the course of this paper, the concept of process theology will be discussed along with how John Wesley’s own thoughts and ideas compare to process theologies conceptions. Through comparing these two individual ideas, I will add myRead More Islam, Judaism, Catholicism, and Protestantism Essay1591 Words   |  7 PagesIslam, Judaism, Catholicism, and Protestantism I. Islam The Muslims’ main sacred text is the Koran, which they believe Gabriel gave to Mohammad from God. Muslims believe that the Koran is the final revelation from God, as the Bible has been â€Å"corrupted† upon translation. My passage is Isaiah 53 where it talks about a suffering servant for Israel. While Christians believe this is a prophecy of Jesus, Muslims believe that Jesus was only a prophet. They believe Jesus was never crucifiedRead MoreChrist Blessing, Surrounded By A Donor Family1159 Words   |  5 Pagesthe clergy’s interpretation.1 This Protestant belief and other tenets of the Reformers are evident in the Reformation’s art. Christ Blessing, Surrounded by a Donor Family demonstrates the manner in which the cultural shift from Catholicism to Protestantism in Northern Europe during the Reformation was reflected in that era’s art. The painting indicates how unique protestant beliefs began to be reflected in art. For instance, Christ s close proximity to his followers in this painting representsRead MoreThe Reform of the Roman Catholic Church in Europe Essay930 Words   |  4 PagesProtestantism and the Protestant form of Christianity were established, and continued to gain momentum in the 1500’s mainly due to the overall discontent many Europeans had with the socio-economic and religious dealings of the Roman Catholic Church. This discontent eventually lead to the reform of the Roman Catholic Church in Europe, and religious beliefs and attitudes became divided between northern and southern Europe. This is a summary of the events that lead to this historic change in religiousRead MoreEssay The Extent to Which England was a Protestant Country by 1547672 Words   |  3 PagesThe Extent to Which England was a Protestant Country by 1547 In this essay, I shall be exploring the extent of how Protestant a country England was by 1547. The differences between Protestantism and Catholicism form a solid base in order to understand the situation in 1547 and decide which religion became more popular. Traditional Catholic beliefs rested on seven Sacraments: Baptism, Penance and Reconciliation, Last rites, Holy Orders, Marriage and the Eucharist. TheyRead MoreThe Protestant Reformation And The Middle Of The 17th Essay1521 Words   |  7 PagesMartin Luther started the Protestant Reformation, which drew many supporters, which divided Europe, not only geographically, but within individual states as well. In particular, England found itself going back and forth between Catholicism and Protestantism with each new ruler. Despite being half sisters, their religious policies were as different as night and day, having different state religions and persecution against those of the opposite faith. The policies of their father, Henry VIII, provideRead MoreThe Between Catholicism And The Catholic Area969 Words   |  4 Pagesit would lead people to be more willing to conform due to the region being a strong Catholic area. Similarly source B supports the idea of Catholicism was strong, this is suggested through the actions taken in overcoming the obstacles caused by Protestantism and reconciling with Rome in favour of Catholicism once again. It shows conformity by how Parliament unanimously agreed on the act to repeal all laws against the Pope’s authority, the church seemly showed conformity as there were certain measuresRead MoreDifferences Between Catholicism And Protestantism1000 Words   |  4 PagesCatholicism and Protestantism are two of the largest religions in the world. Both have the same basis, but at the same time are vastly different. There are two denominations of Christianity. While the Pope is the head of the catholic church, Protestantism is a general term that refers to Christianity that is not subject to appeal authority. Protestantism and Catholicism believe in the same God, but have a different background of believing. Both Catholicism and Protestantism are based on the belief

Sleep apnia Essay Example For Students

Sleep apnia Essay Sleep ApneaSleep is essential to life; it is one of several components, including food and water, which keep the living alive. However, a significant percentage of the human population has considerable difficulty reaching and maintaining Stage IV within their sleeping patterns, the stage that allows the mind and body to fall into a deep and restorative sleep, otherwise known as REM sleep. At the core of this difficulty is a condition known as obstructive sleep apnea, a serious, potentially life-threatening condition that is far more common than generally understood (Sleep Apnea). Indeed, obstructive sleep apnea can be very dangerous if it is not properly detected and treated. What is Sleep Apnea? Research findings indicate that nearly eighteen million Americans suffer with the dangerous and exhausting effects of sleep apnea, in which certain mechanical and structural problems in the airway cause the interruptions in breathing during sleep (Sleep Apnea). It is important for the student to know that telltale signs of a potential problem include loud snoring, obesity, high blood pressure and a physical blockage of the nose, throat or upper airway. Its prevalence appears to be genetic to some degree; however, its appearance in overweight patients also indicates that its composition is rooted in both genetics and environment. Sleep apnea occurs in two separate modes: central and obstructive, with central sleep apnea being less common between the two. The brain fails to send proper signals to the breathing muscles as a means by which to commence respirations during sleep in central sleep apnea. Obstructive sleep apnea, on the other hand, is significantly more Common, transpiring at the point when air is obstructed from flowing into or out of the nose or mouth, characterized by repetitive episodes of upper airway obstruction that occur during sleep, usually associated with a reduction in blood oxygen saturation (Obstructive Sleep Apnea). It is important for the student to know that an apneic event may take place up to twenty or thirty times per hour sometimes even more followed by a noted episode of snoring. Important to note is the fact that snoring, in and of itself, is not indicative of sleep apnea; rather, it is but one telltale symptom (Sleep Apnea). Sleep apnea may occur during the inherent relaxati on associated with sleep, when the tongue and throat muscles soften and inevitably block the airway. This relaxation goes even further when the soft palate muscles and uvula (fleshy tissue) sag over the airway as well, creating the labored and noisy (Sleep Apnea) so readily associated with the condition. It is important for the student to know that there are times when this blockage causes breathing to stop entirely. Interestingly, those who suffer with sleep apnea do not realize it, inasmuch as another person typically hears the startling noises and suggests that there is a problem. The sufferer may display frequent episodes of falling asleep on the job, giving work associates the clue, as well. People with sleep apnea usually arent even aware they have a problem and may not believe it when told (Sleep Apnea). Inasmuch as sleep apnea is potentially life threatening, it is imperative that the sufferer seeks immediate diagnosis and treatment. Early recognition and treatment of obstru ctive sleep apnea is a critical step not only in getting a more restful nights sleep, but also in avoiding the potential complications of irregular heartbeat, high blood pressure, heart attack and stroke. Sleep apnea is more prevalent in men and young African-Americans; however, it has been diagnosed during all life stages. It is important for the student to know that attaining proper diagnosis of obstructive sleep apnea includes consultation with a primary care physician, pulmonologist, neurologist and/or other specially trained physician in order to obtain a definitive diagnosis and begin appropriate treatment. Although diagnosing obstructive sleep apnea is not a necessarily easy task, inasmuch as there are myriad other reasons for fitful sleep, modern medicine has devised a series of tests performed at sleep centers that are designed to effectively evaluate the extent to which sleep apnea is the cause (Sleep Apnea). Media Violence EssayWORKS CITEDMini Tracheotomy More Tolerable Treatment For Severe Obstructive Sleep Apnea. 19 November 2000http://geocities.com/HotSprings/1837/minitrach.htmlMurray, John B. Childrens dreams. Journal of Genetic Psychology 156, (1995): 303(10). Obstructive Sleep Apnea. 19 November 2000 http://www.asda.org/Sleep Apnea. 19 November 2000 http://www.4woman.org/faq/apnea.htmSuratt PM; et al. Changes in breathing and the pharynx after weight loss in obstructive sleep apnea. Chest 92 (1987): 631-637. Weck, Egon. Why arent you asleep yet? A bedtime story. FDA Consumer 23, October 1989: 12(4). Willi, Steven M.; et al. The effects of a high-protein, low-fat ketogenic diet on adolescents with morbid obesity: body composition, blood chemistries, and sleep abnormalities. Pediatrics 101, (1998): 61.