How the $547 million that George W. Bush was shamed into providing Ghana in the Millennium Challenge Accounts in 2007 was spent... feeder roads, agriculture infrastructure, roads and highways, rural development.. your basic poverty reduction policies.... Turns out that Bush gave more at a go that Ghana had received in aid from the US in the previous 30 years... Go figure
- Koranteng Ofosu-Amaah
A long-standing question is whether differences in management practices across firms can explain differences in productivity, especially in developing countries where these spreads appear particularly large. We find that adopting these management practices raised productivity by 18% through improved quality and efficiency and reduced inventory. Since these practices were profitable this raises the question of why firms had not previously adopted them. Our results suggest that informational barriers were the primary factor explaining this lack of adoption. Since reallocation across firms appeared to be constrained by limits on managerial time, competition did not force badly managed firms to exit.
- Koranteng Ofosu-Amaah
Extremely poor reporting: "In life he backed African insurgencies in Chad, Angola, Guinea-Bissau, Eritrea, Mozambique, Namibia and Zimbabwe." Such a list doesn't even begin to scratch the surface of He of the little Green Book's meddling in Africa. No mention of Sierra Leone, Liberia, No mention of support for coups in Gambia, Burkina Faso, Ghana and so forth...
- Koranteng Ofosu-Amaah