Financial system weak to support industrialisation – expert

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• romeo 7 years ago

  The idea is open to both foreign and local partnership and therefore there will always be advantages and disadvantages. It is clear there will be competition for ideal resources. Banks will adjust accordingly so the argument ...
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  The idea is open to both foreign and local partnership and therefore there will always be advantages and disadvantages. It is clear there will be competition for ideal resources. Banks will adjust accordingly so the argument is a non starter

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• Paapidi 7 years ago

  There has to be changes in many of the colonial structures for real development to happen in Ghana. This man is right on the money about Ghana's financial system. It's all about banks and they are not even heavily capitalized ...
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  There has to be changes in many of the colonial structures for real development to happen in Ghana. This man is right on the money about Ghana's financial system. It's all about banks and they are not even heavily capitalized to support any development. Just petty loans to traders and this cannot help develop Ghana.

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• BOY KOFI 7 years ago

  If a political party campaigns to build factories,it's the responsibility of the same party to look for loans if they have won power.
  You can't promise the electorates that your govt will build 216 new factories then the nex ...
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  If a political party campaigns to build factories,it's the responsibility of the same party to look for loans if they have won power.
  You can't promise the electorates that your govt will build 216 new factories then the next day you come and tell us that private entrepreneurs should do that.How is the bank going to support the private entrepreneurs if they don't have the Financial muscle?Don't worry be happy.

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• Kweku 7 years ago

  During the industrialization of Japan or the USA, there were no financial systems but they were able to develop. Africans are always giving excuses why they cannot do this or that. Africans are simply lazy. Some giant entrepr ...
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  During the industrialization of Japan or the USA, there were no financial systems but they were able to develop. Africans are always giving excuses why they cannot do this or that. Africans are simply lazy. Some giant entrepreneurs have been able to develop their businesses without any financial systems.

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