Senior Research Fellow, Centre for Social Policy Studies, at the University of Ghana, Dr. George Domfe, has described the Ghanaian economy as useless for its reliance and over-dependence on other nations for support.
Dr. George Domfe was also critical of the way the country produces many natural resources without any attempt to export finish goods but only the raw products.
The economist angrily stated that Ghana since 1957 has been involved in the same routine and ways of transacting business, the number one challenge preventing the growth required of the natiuon.
“The Ghanaian economy is a useless economy because since 1957 till now it has been involved in business as usual without any new policy initiatives introduced to disentangle it from where we have always been,” he said.
Speaking on UTV’s ‘Adekye Nsroma’ newspaper discussion show, he stressed that the amount of cocoa alone produced in this country should be a yardstick for macro and micro economic growth, making life comfortable for the citizenry.
The economist praised President Akufo-Addo for putting up massive policies towards the growth of local business which will as well curb the high level of unemployment in the country, which has become a major challenge in the country due to the collapse of private businesses.
“We have a lot of natural resources in this country that should make us live good and better lives. All we know is to go for reckless loans for little developments just make citizens happy because they do not understand the consequences it comes with due to the low level of educational background,” he said.
Listen to him in the video below
Source: Elizabeth Semiheva Bedi/ peacefmonline.com / [email protected]
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Mr Domfeh, what’s your contribution to the Ghana’s economy since you became the so called Snr economist. Am pretty sure what you are teaching the students is only good for your exams, some of you are like a proverbial pilot who only flies planes on computers
What pieces of advice have you given to all the successive government since you became an economics. What we are practicing is exactly what you guys have been teaching us, therefore if the economy is us3less, then what you are teaching over is purely chaff and us3less, because inputs determine the output
LOOK AT HIS RIGID FACE AND U-S-ELE-SS TALKS. ECONOMIST ABUOOOOOOO
look at his face, UPON ALL YOUR EDUCATION AND BIG CERTIFICATES YOU GOT WHAT HAVE PROVIDED FOR GHANAIAN ECONOMY NOTHING ONLY NO SENSE TALKING TALKING. SENSE=LESS AND ***barred word*** TALKS
PADDY, WHAT HAS BEEN YOUR CONTRIBUTION SO FAR TO BUILDING A USEFUL ONE? YOU PAY TAX, WE ALSO PAY TAX; BEYOND THAT HOW ARE YOU HELPING TO MAKE IT USEFUL?
and you are senseless too, if you claimed you are an economist, have you ever made a suggestion to any ruling government? you so called educated people in Ghana only know how to criticize but you don't make suggestions to anything.
Some of these people give him a position as head of an institution he cannot even run it. Textbook economists soor
KA NA WU. LET THE MOUTHS CONTAINING CHEWING STICKS OF INSULTS INSULT YOU BUT YOU ARE STILL THE MAN OF YOUR OWNSELF AND IDEAS. NEXT TIME YOU DON'T VOTE FOR PEOPLE TO COME AND INSULT YOU FOR MERE OBSERVATIONS YOU MAKE
We learned this from when we were in JHS and secondary school. Is this all that our lecturers can tell us? The lecturers are becoming irrelevant in our developmental efforts. They are wasting our money as a nation.
domfeh, AN AKOMF3M SO CALLED SENIOR RESEARCH ECONOMIST . DO YOU HAVE A LOOKING MIRRO ? USE**LESS MAN,