African Countries And The Quality Of Governance - 1731 Words

One of the biggest problems facing most African countries and impeding their development is the quality of governance. In most cases, the quality of governance is considered as â€Å"poor† or â€Å"bad†. How bad or how poor? Perhaps following conclusions from the aggregation of scores and percentiles for different governance indicators set by organizations such as the World Bank (Kaufmann Mastruzzi, 2011), Transparency International and Mo Ibrahim Foundation. It is not ideal to hear of good governance in Sub-Saharan Africa. The region is characterized by wide spread corruption and political instability, especially in francophone countries. The persistence of relatively poor governance in Cameroon, which, unlike some sub-Saharan African countries, have ‘technically’ had no major conflict or civil war or political turbulence calls for probing. It raises questions of whether a country with such ethnic diversity as Cameroon (over 240 ethnic groups, according to the website of the Office of the Prime Minister), historically constructed by colonialism, and cursed by its own resources (crude oil, natural gas and petroleum reserves, gold, iron, diamond) can have, enjoy and sustain good governance. At large, we aim at uncovering why bad/poor governance is persistent in Cameroon? In this paper, we address this question through the exploration of scholarly literature, anecdotal evidence and data about the effects of the availability of resources, the dual heritage of French and BritishShow MoreRelatedImpact Of Economic Governance On Total Investment Volatility1125 Words   |  5 Pagesvariability and fluctuations within and across countries. Volatility in investment triggers uncertainty and deters capital accumulation and thereby substantially reduces the growth potentials. Good governance is a critical stimulant for backward and forward linkages of sustained productive investment. In view of this, the present study analyses the impact of economic governance on total investment volatility in a sample of 24 Asian and African countries during the period 1985-2011. The total investmentRead MoreGood Governance and Human Rights1107 Words   |  4 PagesIntroduction Good governance and human rights are considered as key ingredients to economic growth. Nowadays few, if any, politicians and political scientists alike, would deny that democracy (good governance and human rights) and economic development are correlated. This link has long been argued as indispensible to the development of the African continent and that the African countries should embrace the â€Å"Rule of Law† in as far as good governance and human rights within their constitutionalRead MoreLack Of Funding For Education819 Words   |  4 Pagesthe secondary level, most African schools have require no fees for the primary level. Despite the difficulty for many to pay, charging user fees may overall increase the quality of schooling. User fees may be an important source of funding for individual schools. If school fees are eliminated but government budget allocations to schools are not increased, schools might not be able to make up for the reduced funding. Reduced funding can lead to a reduction in education quality. Africa’s debt from loanRead MoreAspen : A Global Supplier And Manufacturer Of Branded And Generic Pharmaceutical Products Essay1316 Words   |  6 Pagesproven themselves over the long run as they continue to increase the number of lives benefitting from their products, reaching more than 150 countries around the world. Aspen’s wide range of products provide treatment to a wide variety of illnesses. Vision: â€Å"To deliver value to all our stakeholders as a responsible corporate citizen that provides quality, affordable medicines and products globally†. Values: Integrity Innovation Excellence Commitment Teamwork Values The commencement of the businessRead MorePoor Numbers : How We Are Misled By African Development Statistics992 Words   |  4 PagesReview of ‘Poor Numbers: How we are misled by African development statistics and what to do about it’ by Morten Jerven Poor Numbers’ overarching message to data users is to take care when using statistics. Morten Jerven, former Economic History PhD student and current Assistant Professor of International Studies, has written many articles about African growth, particularly on the reliability of growth accounting and evidence. He uses a multidisciplinary approach, combining statistical, historicalRead MoreThe Role Of Corporate Governance And Agency Theories1265 Words   |  6 PagesCorporate governance deals with the conflicts of interests between the providers of finance and the managers; the shareholders and the stakeholders; different types of shareholders (mainly the large shareholder and the minority shareholders); and the prevention or mitigation of these conflicts of interests (Marc Goergen, 2012). Can these stakeholder interests be aligned though? And if so how? I will discuss various aspects of corporate governance and agency theories as well as examples of failedRead MoreThe Link Bet ween Corruption and Poverty : Lessons from Kenya Case Studies1403 Words   |  6 Pagesof prevention, enforcement and public education. In the past it was sometimes argued that fighting corruption meant mainly streamlining administrations and reforming bureaucratic red tape. The economic liberalisation programmes implemented by many African governments over the past decade and a half were partly put in place with the premise that the weakening of central controls on economic affairs would reduce discretionary decision-making by the govemment in economic affairs and thus corruption andRead MoreColonization of Africa1542 Words   |  7 Pagesconsumerist society have shaped and formed the grounds for which developing countries find themselves today. 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