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Essay / Research Paper Abstract
This 20 page paper consider the impact, and the potential impact of commercial lending in Ghana with a comparison o the UK. The paper outlines the economic position of Ghana and the way that commercial could and is impacting on the economy. The paper looks at tits role in credit creation and how this operates I the UK. This is then used as the basis of or the argument that commercial loans may be able to satisfy a need in the Ghanaian economy and help create a developing independent economy, lessening the need for aid. The bibliography cites 10 sources.
Page Count:
20 pages (~225 words per page)
File: TS14_TEghanacom.rtf
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Unformatted sample text from the term paper:
is able to create capital to be utilised which will increase the value of the company by creating more assets which, in turn, are then used to create more income
and more profit. When looking at a country and the impact of commercial loans to the companies in that country, both in reality and in practice, the theory is similar,
as development in the companies will help the economic development of the country by providing taxes to the government as well as wealth that enters the economic cycle. If we
look at two countries, the UK and Ghana we can appreciate the complexity and the dangers that commercial loans may create in an economy as well as the opportunity through
credit creation. To understand this we will first look at the Ghanaian economy, and its performance over the last few years. After this we can look at the role
of credit creation and commercial loans, and how this operates in a country such as the UK. Following this we can apply the lessons to Ghana. 2. The Economy
of Ghana. To consider how commercial lend has and may influence Ghana we first need to understand the state of the economy and the way it is developing and
permitting. This give the contextual setting for an discussion o the development or well being of the Ghanaian economy. Ghana is a relativity young nations, formed by the
merger be the merger of the Togoland trust territory and the former British colony of the Gold Coast (CIA, 2004). In 1957 it was the first African state to
gain independence from the colonial status, but the country did not escape political turmoil, which resulted in the constitutions being suspended in 1981. In 1992 there was a restoration of
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