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Full-Text Articles in Social and Behavioral Sciences
The Key Constraints Facing African Countries In Mobilizing Their Resources For Development: A Case Study On Ghana And Zambia, Albert Mcbell Ninepence
The Key Constraints Facing African Countries In Mobilizing Their Resources For Development: A Case Study On Ghana And Zambia, Albert Mcbell Ninepence
Young African Leaders Journal of Development
Domestic Resource Mobilization (DRM) is "the generation of government revenue from domestic resources, from tax and non-tax sources (royalties, licenses, levies or other income)" (European Commission, 2010). Major scholars have exchanged contrasting views on the barriers to resource mobilization in Africa. While Di John (2006) asserts weak state capacity to mobilizing resources and the need for reconstruction of a viable state, Von (2007) contends that neopatrimonialism has inhibited African state's revenue. Furthermore, Elbadawi (2000) maintains that low savings and investments are the impediments of resource generation and the declining performance of Africa. This paper therefore argues that the weak state …
On Being An Entrepreneur: The Nigerian Perspective, Olayinka K. Binuomoyo
On Being An Entrepreneur: The Nigerian Perspective, Olayinka K. Binuomoyo
Young African Leaders Journal of Development
It is common knowledge that the success of an economy rests on the strength of its entrepreneurs. Present-day challenges make it imperative for countries in the same bracket as Nigeria to deemphasize reliance on oil and government for social crumbs, to embrace innovative activities and deepen small and medium-scale enterprises (SMEs). SMEs are important drivers of economic growth but they face significant challenges as obtained in Nigeria where infrastructures such as power, transportation and financing needed to make entrepreneurship work seldom exists. With a high unemployment rate, young Nigerians are required to embrace entrepreneurship. The aim of this paper is …