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ENERGY, CORRUPTION, WATER
If the government can attempt to find solutions to these 3 issues. Things will be better. Instead, they borrow the funds and steal. Jail or even death is a must!
Book: "Dead Aid" by Dambisa Moyo
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ENERGY, CORRUPTION, WATER
If the government can attempt to find solutions to these 3 issues. Things will be better. Instead, they borrow the funds and steal. Jail or even death is a must!
Book: "Dead Aid" by Dambisa Moyo
Every economist, African leader, finance minister must read this book!
Book: "why nations fail": an abundance of natural resources is a national curse!
These nations with natural resource wealth on average have worse financial economies than nations who don't. Why you ask? Weak institutions, corruption, bad governors, managers!
Ghana Sovereign Wealth Fund by Martin Skankar.....Norwegian Ministry of Finance
What is "Dutch Disease"?
A percentage of proceeds from oil, gold, diamonds, cocoa revenues etc should be deposited yearly in a Ghana Sovereign Wealth Fund account, a national 401k. This money will never be touched by any govt, period! This money will be invested all over the world in socially constructive projects. Projects to be excluded can include chemical nuclear projects, environmentally disastrous projects, product based exclusions, tobacco, walmart(human rights abuses). The ROI from this fund will be used to supplement infrastructure projects. Is Ghana a cursed, weak institution? Yes, I agree whole heartedly!
ZERO TOLERANCE FOR CORRUPTION!
1. Corruption Sensitivity Training: Educate the executives(attorney general, the judges, public officials, immigration, police officers)about the short, long term effects and impacts of corruption. Corruption Sensitivity Training should be a mandatory part of interview process, class, testing requirement for all ministers and public sector officials. Make them aware of the consequences and have them sign off on this. If judges, police officers, employees are educated and made to understand the explicit and implicit impacts of corruption and how it affects their own salaries, bonuses etc. Things will change!
2. Enforce the Law: Offenders must face jail time, tickets/fines, sell assets to payback what has been stolen, name and shame offenders in media
3. Put ethical persons in positions of power,
4. yearly revenue audits brief
5.NPP: Narcotic Peddlers Party, NDC: Niggas Deep in Corruption
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