World 10 worst managed economy Do not worry thanks to Preval
Replying to Interim Reconstruction:Strengthening or Undermining Haiti?
by Stanley Lucas, world 10 worst managed economy Do not worry thanks to Preval haiti made the list
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Ghana has the world's largest manmade lake and the 1-gigawatt Aksombo Hydroelectric Plant, built to supply electricity to Africa's largest aluminum smelter.
But the smelter has been idle since 2009, a casualty of low aluminum prices and persistent electricity shortages that have forced the government to divert the power elsewhere.
Ghana is a typical example of the world's worst-managed economies: It's a country that shouldn't be poor, but it is. The West African nation's gross domestic product per capita fell 9% last year to US$621, ranking it 154th out of 184 countries tracked by the International Monetary Fund, below resource-impoverished Haiti.
With a US$3 billion trade deficit last year and $4.9 billion in external debt, Ghana is struggling to pay its bills even as it sits on some of the world's biggest reserves of gold and bauxite, as well as considerable amounts of offshore oil, which is being developed by Anadarko Petroleum and others.
The topic is: Interim Reconstruction:Strengthening or Undermining Haiti? by Stanley Lucas
This is a reply to Msg 22474
Posted by Antonioj on June 12 2010 at 4:40 PM
Responses
Bernadette, Lucas did strike a nerve with what he said about China and democracy. It makes you think about what he has in store for Haiti. So more »
According to an old Haitian saying "lajan se san (money is blood." Trillions of dollars have been allocated to Haiti under the more »
world 10 worst managed economy Do not worry thanks to Preval haiti made the list yahoo.com Ghana has the world's largest manmade lake and more »
It is not clear what is so complicated here. Stanley Lucas is a politician, he is doing what politicians do best: bashing the opponent(s). What more »
Bernadette S, You made some very good points and I agree with you in most of your assertion. As you mentioned, I do agree that Haitians should more »
First, you don't need to use fake names here Aristide (Tiba, Tirelina, Vigilance). We all know this is you airing your problem with Preval -- did more »
Stanley Lucas, I really doubt that you are the "Real" Stanley Lucas, but if you are, you and all of your supporters and others who have more »
Mr. Aristide, my name is Rosy, I am one of the victims of the systematic repression of your government. You can keep hiding under fake more »
Haitisans have been killing Haitians since the beginning of time. Isn't it true we killed uncle Jean-Jacques Dessalines soon after he broke more »
Dear Rosy It appears that you are a confused person. My name is Lakou Lakay not Aristide. In fact I never met Aristide or see him in person. I more »
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