Determinants of Financial Failure in Ghana

2014 ◽  
Vol 3 (1) ◽  
pp. 76-94
Author(s):  
Richard Amponsah ◽  
Gordon Kanyoke
Keyword(s):  
European Union ◽  
Success Factors ◽  
Swot Analysis ◽  
Economic Recession ◽  
Economic Policies ◽  
The European Union ◽  
Financial Industry ◽  
North West ◽  
The North ◽  
The Usa

Most countries in the world were negatively impacted by the USA financial crisis of 2008. In 2010-2012 people have seen economic failures of Greece and Iceland impact the European Union and other countries. Interestingly, the factors which caused the financial industry failures in these developed nations were not identical; nonetheless, the results were similar: severe economic recession. It is important to better understand the financial predictors and best-practices for developed and emerging nations in other countries, particularly outside USA and the European Union - namely Africa. Businesses in Ghana (and the continent of Africa) make a significant economic contribution to the global Gross Domestic Product (GDP), which is important to study because their financial activities impact many countries, since our global economic systems have become interconnected. This study examined a large bank in Ghana (a country located on the north-west coast of Africa, to empirically identify problems and to propose solutions to improve financial policies associated with Small-to-Medium-Sized-Enterprise (SME) industry - who are the key contributors to national GDP. A statistically significant probit logistic model was developed using a mixed-method approach which also included a qualitative SWOT analysis. The results indicated that the critical socio-economic success factors of financial success versus failure for SME businesses were: age of owners, company size, total income, and quality of hired labour. The secondary factors were institutionally-related: organisational structure, credit policies, inadequate technology platform management, ineffective monitoring of SMEs, and weak economic recovery strategies. Recommendations were made to improve national economic policies for the banking industry in Ghana, based on this model.

scholarly journals EU nationals in the UK after BREXIT

2020 ◽  
Vol 19 (3) ◽  
pp. 479-497
Author(s):  
Zana Vathi ◽  
Ruxandra Trandafoiu
Keyword(s):  
European Union ◽  
Public Discourse ◽  
Political Engagement ◽  
The European Union ◽  
Decision To Leave ◽  
North West ◽  
The North ◽  
The Uk

Abstract The United Kingdom’s decision to leave the European Union has triggered a variety of forms of political engagement among EU nationals living in the UK. Our research, carried out in the North West of England, an area that has received little attention so far, demonstrates that the result of the 2016 Referendum sparked a new awareness of public discourse, has led to the emergence of new political and discursive attitudes and strategies, as well as persuasive reflexivity and incipient activism on the part of EU nationals. This article thus contributes to the existing literature on political engagement by analysing EU nationals’ cognitive, discursive and pro/re-active engagements with Brexit.

Anarchic armadas, Brussels bureaucrats, and the valiant maple leaf: sexuality, governance, and the construction of British nationhood through the Canada-Spain fish war

Legal Studies ◽  
1997 ◽  
Vol 17 (3) ◽  
pp. 415-433 ◽  
Author(s):  
Didi Herman ◽  
Davina Cooper
Keyword(s):  
European Union ◽  
The European Union ◽  
British Government ◽  
Greenland Halibut ◽  
North West ◽  
Unique Position ◽  
The North ◽  
Domestic Support ◽  
Fishing Practices ◽  
Fish War

In March 1995, amid ongoing Balkan conflict, Britain was forced to respond to hostilities emerging from a seemingly unlikely quarter. Angered by saturation fishing of Greenland halibut (turbot) in the North West Atlantic, especially by the Spanish, Canada dispatched warships to an area just beyond their 200 mile fishing zone. Guns were fired and one Spanish vessel was arrested in international waters and impounded. Spain, antagonised by Canadian actions and accusations, and with the backing of the European Union (EU), refused to withdraw from the area. They argued that their fishing practices, in contrast to Canada's actions, were internationally lawful. Conflict escalated, and media interest intensified on both sides of the Atlantic. The British government, facing increasing domestic support for Canada, attempted to steer a middle path. In particular, it tried to use its unique position, as a member of both Commonweulth and Common Market, to negotiate a compromise.

scholarly journals Farmers Profile and Characterization of Sheep and Goat Dairy Chain in Northwestern Greece

2021 ◽  
Vol 13 (2) ◽  
pp. 833
Author(s):  
Eleni C. Pappa ◽  
Efthymia Kondyli ◽  
Kyriaki Sotirakoglou ◽  
Loulouda Bosnea ◽  
Marios Mataragas ◽  
...  
Keyword(s):  
Swot Analysis ◽  
Agricultural Research ◽  
Quality And Safety ◽  
The European Union ◽  
North West ◽  
The North ◽  
West Part ◽  
Access To Water ◽  
Northwestern Greece

The aim of the present study, conducted under the ERA-NET ARIMNet2 Project (Agricultural Research in the Mediterranean Network), was to analyze the sheep and goat dairy sector and assess the quality and safety of milk at various stages of the dairy supply chain. The study took place in the north-west part of Greece; 52 farms, one milk collection center, and eight dairy processing companies participated. The results revealed that all farms had access to water and electricity, the majority of them had a license to operate, used non-organic milk, and employed family members. The price of milk was fairly unstable throughout the year. Two major dairy companies produced all year round while others seasonally. Products were sold in retail, wholesale, company-owned stores, and even by door-to-door delivery service. The analyzed milk samples were of good quality and safety. The strengths, weaknesses, opportunities, and threats (SWOT) analysis revealed the farmers’ determination to continue working in the sector despite milk prices and problems due to the shortage of cash. Local sheep and goat breeds may further be used due to the fact of their good adaptation to the environmental conditions. The future of the Greek dairy chain is promising despite high competition within and outside of the European Union.

Russia - European Union: The continuation ofthe sanctions standoff

2017 ◽  
pp. 114-127
Author(s):  
M. Klinova ◽  
E. Sidorova
Keyword(s):  
European Union ◽  
Economic Recession ◽  
Economic Sanctions ◽  
Current Data ◽  
The State ◽  
The European Union ◽  
The Impact ◽  
The Eu ◽  
Year 2013

The article deals with economic sanctions and their impact on the state and prospects of the neighboring partner economies - the European Union (EU) and Russia. It provides comparisons of current data with that of the year 2013 (before sanctions) to demonstrate the impact of sanctions on both sides. Despite the fact that Russia remains the EU’s key partner, it came out of the first three partners of the EU. The current economic recession is caused by different reasons, not only by sanctions. Both the EU and Russia have internal problems, which the sanctions confrontation only exacerbates. The article emphasizes the need for a speedy restoration of cooperation.

Russian Federation and the United States of America: geostrategic directions to manage the Ukrainian crisis

2019 ◽  
pp. 123
Author(s):  
Attarid Awadh Abdulhameed
Keyword(s):  
United States ◽  
European Union ◽  
National Security ◽  
Russian Federation ◽  
United States Of America ◽  
The United States ◽  
The European Union ◽  
The Usa ◽  
Ukrainian Crisis ◽  
Zero Sum

Ukrainia Remains of huge importance to Russian Strategy because of its Strategic importance. For being a privileged Postion in new Eurasia, without its existence there would be no logical resons for eastward Expansion by European Powers.  As well as in Connection with the progress of Ukrainian is no less important for the USA (VSD, NDI, CIA, or pentagon) and the European Union with all organs, and this is announced by John Kerry. There has always ben Russian Fear and Fear of any move by NATO or USA in the area that it poses a threat to  Russians national Security and its independent role and in funence  on its forces especially the Navy Forces. There for, the Crisis manyement was not Zero sum game, there are gains and offset losses, but Russia does not accept this and want a Zero Sun game because the USA. And European exteance is a Foot hold in Regin Which Russian sees as a threat to its national security and want to monopolize control in the strategic Qirim.

THE МEANING OF PUBLIC-PRIVATE PARTNERSHIP FOR DEVELOPMENT OF LOCAL SELF-GOVERNMENT

2018 ◽  
Vol 28 (1) ◽  
pp. 351-356
Author(s):  
Sandra Risteska
Keyword(s):  
European Union ◽  
Economic Development ◽  
Rapid Development ◽  
Public Private Partnership ◽  
Public Private Partnerships ◽  
Successful Implementation ◽  
Economic Policies ◽  
The European Union ◽  
Private Partnership ◽  
Public And Private Sector

Each country strives for growing economic development, but no country is able to implement it. Various experiences and projects from the countries of the European Union and other neighboring countries are taken and considered. Towards the end of the 20th century and at the beginning of the 21st century, economic movements are increasingly relying on public-private partnerships, which can lead to a rapid development process through the financing of infrastructure projects. Economic globalization, as well as the emergence of new opportunities for economic activity in the world, are aimed at cooperation of the authorities and businesses in the realization of the socio-economic policies. The implementation and realization of development projects through public-private partnerships is impossible without participation by the relevant institutions of the public and private sector. Above all, direct participation implies expertise, experience and education. Every project that will be realized through various forms of public-private partnership must fulfill certain conditions. Among the conditions for proper implementation of the project are: dialogue, transparency and monitoring. The main feature of PPP is the transfer of the risk to the financing, efficiency and quality of public services, which are usually the burden of the private partner. This paper analyzes and explores the essence of public-private partnership. The conceptual framework for public-private partnership, as well as its strengths and weaknesses, is set. With the application of PPP, the economic development of the infrastructure as a whole, and in particular the development of local infrastructure, is analyzed. The origin of PPPs, its characteristics, as well as the need and importance for their continuous implementation are explained. The application of PPP is considered through the experiences in certain countries of the European Union and the Republic of Macedonia. Then, the responses to previously hypothesized hypotheses are collected: what is the successful implementation of PPP, what is needed for PPPs and why. In the end, the data from the conducted research are collected, analyzed and determined the profile of certain activities, as well as the possible decisions for further strategies for the implementation of the PPPs.

scholarly journals Approaches to formation of strategies for development of administrative territories

2019 ◽  
Vol 67 ◽  
pp. 06026
Author(s):  
Oleksii Klok ◽  
Olha Loseva ◽  
Oleksandr Ponomarenko
Keyword(s):  
European Union ◽  
Strategic Management ◽  
Development Strategy ◽  
Regional Policy ◽  
Swot Analysis ◽  
Legal Analysis ◽  
The European Union ◽  
Territorial Development ◽  
Smart Specialization ◽  
The Eu

The article studies theoretical and methodological bases of the strategic management of the development of administrative territories, considers the essence of strategic management and formulates the advantages of using it in management of administrative territory. Based on the analysis of the key provisions of the EU regional policy, the strategy of “smart specialization” is considered as the most common approach to territorial development. Using the experience of the countries of the European Union as a basis, a BPMN diagram, describing the conceptual bases for the formation of a competitive territory strategy, was built. Practical approaches to the formation of strategies for the development of administrative territories operating in Ukraine, regulatory acts, in particular, that had a direct impact on the formation of the existing model of strategic territorial management, were analyzed. The main requirements to the content of the strategic plan were considered and the list of key provisions and analytical methods (socio-economic analysis, comparative analysis, SWOT-analysis, PESTLE-analysis, sociological analysis) was formulated. Using the comparative legal analysis of the experience of the European Union as a basis, a number of features can be highlighted that must be taken into account in the process of forming the administrative territory development strategy.

scholarly journals The North Caucasus Region as a Blind Spot in the “European Green Deal”: Energy Supply Security and Energy Superpower Russia

Energies ◽  
2020 ◽  
Vol 14 (1) ◽  
pp. 17
Author(s):  
José Antonio Peña-Ramos ◽  
Philipp Bagus ◽  
Dmitri Amirov-Belova
Keyword(s):  
European Union ◽  
Energy Supply ◽  
Blind Spot ◽  
Illustrative Case ◽  
The European Union ◽  
North Caucasus ◽  
Strong Argument ◽  
The North ◽  
The Impact ◽  
Energy Supply Security

The “European Green Deal” has ambitious aims, such as net-zero greenhouse gas emissions by 2050. While the European Union aims to make its energies greener, Russia pursues power-goals based on its status as a geo-energy superpower. A successful “European Green Deal” would have the up-to-now underestimated geopolitical advantage of making the European Union less dependent on Russian hydrocarbons. In this article, we illustrate Russian power-politics and its geopolitical implications by analyzing the illustrative case of the North Caucasus, which has been traditionally a strategic region for Russia. The present article describes and analyses the impact of Russian intervention in the North Caucasian secessionist conflict since 1991 and its importance in terms of natural resources, especially hydrocarbons. The geopolitical power secured by Russia in the North Caucasian conflict has important implications for European Union’s energy supply security and could be regarded as a strong argument in favor of the “European Green Deal”.

The EU's Economic Cooperation with North Korea: The Possibility as a Useful Tool to Complement Korea-US Cooperation

2009 ◽  
Vol 12 (2) ◽  
pp. 125-149 ◽  
Author(s):  
Jong-Sue Lee
Keyword(s):  
European Union ◽  
Human Rights ◽  
Korean Peninsula ◽  
North Korea ◽  
The United States ◽  
Policy Position ◽  
The European Union ◽  
Member States ◽  
The North ◽  
The Eu

North Korea conducted 2nd nuclear test on May 25, 2009. It made a vicious circle and continued military tension on the Korean Peninsula. North Korea regime got a question on the effectiveness of the six party talks and ‘security-economy exchange model’. In addition, the North Korea probably disappointed about the North Korea issue has been excluded from the Obama administration's policy position. So the dialogue or relationship recovery with the United States and North Korea through six-party talks or bilateral talks will be difficult for the time being. This paper examines the EU policy on North Korea. Based on the results, analyzes the EU is likely to act as a balancer on the Korean Peninsula. Through the procedure of deepening and expanding the economic and political unification, the EU utilizes their cooperative policies towards North Korea as an ideal opportunity to realize their internal value and to confirm the commonness within the EU members. The acceleration of the EU's unification, however, began to focus on human rights, and this made their official relationship worse. Yet, the EU is continuously providing food as wells as humanitarian and technological support to North Korea regardless of the ongoing nuclear and human rights issues in North Korea. Also, the number of multinational corporations investing in North Korea for the purpose of preoccupying resources and key industries at an individual nation's level has been increasing. The European Union has unique structure which should follow the way of solving the problem of member states like subsidiary principle. It appears to conflict between normative power of the European Union and strategic interests on member states. This paper examines if the European Union is useful tool to complement Korea-US cooperation in the near future.

scholarly journals The Fiscal Compact and the European Constitutions: ‘Europe Speaking German’

2012 ◽  
Vol 8 (1) ◽  
pp. 1-7 ◽  
Author(s):  
LB ◽  
JHR
Keyword(s):  
European Union ◽  
Czech Republic ◽  
Monetary Union ◽  
Euro Area ◽  
Economic And Monetary Union ◽  
Economic Policies ◽  
The European Union ◽  
The Czech Republic ◽  
The United Kingdom ◽  
Fiscal Compact

In between the writing of this editorial and the publication of this issue of EuConst, the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, in everyday parlance the ‘Fiscal Compact’, will have been signed by the representatives of the governments of the contracting parties — the member states of the European Union minus the United Kingdom and the Czech Republic. The Fiscal Compact is intended to foster budgetary discipline, to strengthen the coordination of economic policies and to improve the governance of the euro area.

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