Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 - Foreign Affairs - Nairaland
Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 (696 Views)
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| Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by Rossikk(m): 10:27pm On Apr 19, 2019 |
AFRICA RISING, 2019 10 FASTEST GROWING ECONOMIES IN THE WORLD: 1. Ghana (9% GDP growth per annum) 2. South Sudan 3. Dominca 4. Rwanda 5. Ethiopia 6. Ivory Coast 7. Bangladesh 8. India 9. Senegal 10. Cambodia https://www.bloomberg.com/news/articles/2019-04-10/ghana-is-the-star-in-imf-s-2019-economic-growth-forecast-chart 2 Likes |
| Re: Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by Okwyjesus(m): 10:31pm On Apr 19, 2019 |
Good one for Ghana 2 Likes |
| Re: Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by Rossikk(m): 10:33pm On Apr 19, 2019 |
IMF World Economic Outlook puts Ghana in the lead https://www.dw.com/en/imf-world-economic-outlook-puts-ghana-in-the-lead/a-48356052 |
| Re: Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by Bizibi(m): 10:49pm On Apr 19, 2019 |
Bangladesh!!!! Nigeria Nigeria,I greet you,wehdone ehhh wehdone. |
| Re: Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by Rossikk(m): 10:57pm On Apr 19, 2019 |
Bizibi: At least we're growing faster than South Africa. SA: 1.7% Nigeria: 2.1% https://www.bloomberg.com/news/articles/2019-04-10/ghana-is-the-star-in-imf-s-2019-economic-growth-forecast-chart 1 Like |
| Re: Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by Obi1kenobi(m): 11:03pm On Apr 19, 2019 |
Rossikk: Consoling yourself over 2.1% when our population growth rate alone is greater than that. Better mugu. 3 Likes |
| Re: Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by Rossikk(m): 11:05pm On Apr 19, 2019 |
Obi1kenobi: That was a tongue-in-cheek remark dude... loosen up.  |
| Re: Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by Obi1kenobi(m): 11:07pm On Apr 19, 2019 |
For the record, any developing country not close to 9% or even double digits (as China was for the best part of 2 decades) is doing disastrously. Underdeveloped countries are coming from a very low baseline of development, so should not be competing with the low single-digit growth rate of advanced nations. 2 Likes 1 Share |
| Re: Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by chibuzorAbia: 11:21pm On Apr 19, 2019 |
Obi1kenobi: Population growth rate outstripping economic growth rate = stupidity |
| Re: Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by Rossikk(m): 11:33pm On Apr 19, 2019 |
chibuzorAbia: Dude....in the real world, all sorts of externalities can affect a developing nation's economic growth rate for good or for ill. Most developing nations depend on commodity exports for revenue, and when prices crash, it has repercussions. For example, Nigeria witnessed a sharp drop in GDP after the oil price crash of 2015. Conversely, Ghana's recent oil discovery and buoyant sales of the product, contributes in part to its faster economic growth. Some countries are also faster than others in economic diversification, which is the panacea for commodity--based economies. That disparity has to do with internal factors in each country, including their internal and external political influences. But all of them are on a path to diversification, so theoretically they should get there in the end. |
| Re: Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by rexwalters: 11:56pm On Apr 19, 2019 |
Obi1kenobi:Help Nigeria to grow Lazy Peacock,who do you think will grow the economy and your bank account for you? |
| Re: Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by panafrican(m): 3:09am On Apr 20, 2019 |
What does this growth mean for an ordinary citizen with three high school kids, a shaky revenue , no car, no health insurance coverage, living in a remote village where the wooden bridge is destroyed by flood during rainy season ? 1 Like |
| Re: Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by panafrican(m): 3:10am On Apr 20, 2019 |
What does this growth mean for an ordinary citizen with three high school kids, a shaky revenue , no car, no health insurance coverage, living in a remote village where the wooden bridge is destroyed by flood during rainy season ? |
| Re: Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by Johncables402: 7:15am On Apr 20, 2019 |
Rossikk: Do you zombies fear this South Africa this much ?  . Nigeria shouldn't even be comparing itself with a new democracy struggling with identity issues , we are a disgrace for always rubbing shoulders with that country .1 Like |
| Re: Ghana Is World's Fastest Growing Economy - 6 African Countries In Top 10 by Bizibi(m): 7:43am On Apr 20, 2019 |
Rossikk:consolation, consolation, consolation......Bangladesh among the top 10 and we are consoling ourselves with this. |
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