Female Bankers Thriving in Africa

Discussion in 'Africa' started by LAfrique, Feb 13, 2012.

  1. LAfrique
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    LAfrique VIP Member

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  2. Ropey
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    Ropey To Life! Gold Supporting Member Supporting Member

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    It's the women who will pull Africa into modernity. (imo)
     
  3. LAfrique
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    LAfrique VIP Member

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    Well, I welcome to lead! Though most men would like to believe it is a man's world, history, dating back to Biblical days, shows women have often been the movers and shakers of world events.
     
  4. Ropey
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    Ropey To Life! Gold Supporting Member Supporting Member

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    Here in Canada, before women became Institutional officers there were many more beatings and mistreatment of prisoners. After they were allowed into the prisons this began to change. By the time the wardens were women, this severe treatment was pretty much an anomaly.

    I know what you say.
     
  5. LAfrique
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    LAfrique VIP Member

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    I say: More power to women of strength!
     
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  6. JStone
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    muslimas, not so much
     
  7. LAfrique
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    LAfrique VIP Member

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    Long live innovative women of strength!
     
  8. PoliticalChic
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    PoliticalChic Diamond Member

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    Interesting article.

    It fits the premises of the book by Dr. Dambisa Moyo, author of the New York Times Bestseller "Dead Aid: Why Aid is Not Working and How there is a Better Way for Africa."

    Among her suggestions were:

    a. Africa should continue to press for genuine free trade in agricultural products, with the US, EU and Japan scrapping the various subsidies they pay to the farmers, enabling African countries to increase their earnings from primary product exports.

    b. They should encourage the spread of microfinance institutions of the type that have flourished in Asia and Latin America. And the advice of Peruvian economist Hernando de Soto, and grant the inhabitants of shanty towns secure legal title to their homes, so that they can be used as collateral. And make it cheaper for emigrants to send money back home.
     
  9. waltky
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    waltky Wise ol' monkey Supporting Member

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    Indians committing suicide over micro-finance debts...
    :eusa_eh:
    Suicides in India linked to micro-finance debts
    Saturday, February 25, 2012 - First they were stripped of their utensils, furniture, mobile phones, televisions, ration cards and heirloom gold jewelry. Then, some of them drank pesticide. One woman threw herself in a pond. Another jumped into a well with her children.
     
  10. PoliticalChic
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    PoliticalChic Diamond Member

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    OMG....Walt....ya just can't win!

    Well, then, how about leaving the government in charge, some social justice?
    Check this out:


    "SOCIALISM KILLS: THE COST OF DELAYED ECONOMIC REFORM IN INDIA
    As the world approaches the 20th anniversary of the fall of communism, it is worth investigating the costs borne by countries like India that did not become communist but drew heavily on the Soviet model, says Swaminathan Aiyar, a research fellow with the Cato Institute.

    For three decades after its independence in 1947, India strove for self-sufficiency instead of the gains of international trade, and gave the state an ever-increasing role in controlling the means of production, says Aiyar:
    These policies yielded economic growth of 3.5 percent per year, which was half that of export-oriented Asian countries, and yielded slow progress in social indicators, too.
    Growth per capita in India was even slower, at 1.49 percent per year.
    It accelerated after reforms started tentatively in 1981, and shot up to 6.78 percent per year after reforms deepened in the current decade.

    What would the impact on social indicators have been had India commenced economic reform one decade earlier, and enjoyed correspondingly faster economic growth and improvements in human development indicators? In "Socialism Kills: The Cost of Delayed Economic Reform In India," Aiyar seeks to estimate the number of "missing children," "missing literates" and "missing non-poor" resulting from delayed reform, slower economic growth, and hence, slower improvement of social indicators.
    He finds that with earlier reform:

    14.5 million more children would have survived.
    261 million more Indians would have become literate.
    109 million more people would have risen above the poverty line.

    The delay in economic reform represents an enormous social tragedy, says Aiyar. It drives home the point that India's socialist era, which claimed it would deliver growth with social justice, delivered neither."
    Socialism Kills: The Human Cost of Delayed Economic Reform in India | Swaminathan S. Anklesaria Aiyar | Cato Institute: Development Briefing Paper
     

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