Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Unavailable
    Hints on How to Overcome Global Economic Recession
    Unavailable
    Hints on How to Overcome Global Economic Recession
    Unavailable
    Hints on How to Overcome Global Economic Recession
    Ebook159 pages1 hour

    Hints on How to Overcome Global Economic Recession

    By Amos Obi

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    INTRODUCTION

     Permit me to observe that this topic of our discussion “Overcoming Economic Recession and Promoting Peace in the world today” is just timely indeed based on the present prevailing world economic situation.

    Today, the economic recession has brought great consequences and chief amongst which are; unemployment, poverty, extreme hunger due to inflation, violent crimes including: arm-robbery, kidnapping, militancy and even insurgencies with increase in illegal emigration. All these have brought untold sufferings to millions of people throughout the nation. The greatest blows are no doubts crashing upon the roofs of our grassroots and rural communities with many families falling fast below the poverty line.

    It is no exaggeration that families and individuals which were previously affluent are now finding it very difficult to cope and makes ends meet. And the pains and hardship seems not just a monster but a challenge indeed that we must confront and conquered for a peaceful and prosperous society.

    But since we cannot directly influence or check the exorbitant cost of living due to the economic recession, it becomes imperative that we apply the right intervention and innovations in the sourcing and management of our natural resources in order to evolve new ways of productivity and trading.

    WHY THIS BOOK? THE URGENT NEED OF THE HOUR

    At the moment, the world including Nigeria is facing a myriad of problem ranging from insecurity, unemployment, decaying educational system to low Labour and productivity. For the youths, the most pressing problem is unemployment. The reaction of most of our young people is to throw up their hands in hopelessness thinking nothing can be done.

    For us we see the hope of tomorrow in “YOU”. Many graduates are looking forward to paid employment. That in itself it is not a bad idea but however, there is nothing better than starting off to building your own businesses. But the reality is that the chances are getting slimmer by the day. Hence, there is need for a re-orientation.

    Interestingly, there are alternatives that may be even more rewarding. One such alternative is entrepreneurship. While this can be challenging, the payoff is large. All of you out there being starved of paid jobs and in idleness, have innate potentials that could be directed towards positive development. This realization is not peculiar to Nigeria. In several parts of Africa and the world over including the so-called industrialized countries, youth entrepreneurship is seen as the most viable alternative. In Nigeria, several government agencies have come up with initiatives in this direction but I suspect that because of lack of awareness most of our idle youths have not embraced them to the fullest advantages. Thus, this book is designed to fill that gap. In addition to the program of the national direct oration of employment (NDE), the central bank of Nigeria in collaboration with selected institution has established entrepreneurship development centers across the country.    

    In the most recent past, the global economic system has continued to take a downward slide. And this has been generally referred to as the world economic meltdown. This has resulted to many businesses collapsing and millions of workers being laid off. Securities on the global stock markets have suffered massive losses, thus rendering a large number of investors bankrupt and others, heavily indebted. National and domestic budgets have been tightened, and prices of commodities are sky rocketing on daily bases. This indeed need a different and radical approach and that is the focus of this manual and blue-print.

    LanguageEnglish
    PublisherBrainMight
    Release dateJun 1, 2017
    ISBN9781386455264
    Unavailable
    Hints on How to Overcome Global Economic Recession

    Related to Hints on How to Overcome Global Economic Recession

    Related ebooks

    Small Business & Entrepreneurs For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Cash In On The ‘Knowledge Bank’

      Jan 13, 2024

      Cash In On The ‘Knowledge Bank’
      3 min read

    • Article

      Sustained Crisis Can Only Be Overcome By Sustained Action

      Jul 28, 2023

      'Sustained crisis’. I came across this terminology in a Harvard Business Review article recently, and it immediately struck a chord with my struggles running my company and also with what I see in the world around me. The Covid-19 pandemic was a glob

      2 min read

    • Article

      Behind South Africans’ Ability To Save

      Oct 8, 2021

      the financial instructions emanating from the ivory towers of the financial industry of “save more” and “put money aside to invest” is, at best, oblivious to the financial reality that many South Africans live with every day. And at worst, ignorant.

      5 min read

    • Article

      Kate Raworth

      Dec 18, 2019

      Kate Raworth
      7 min read

    • Article

      ‘Liberate The Energies Of Our Communities’

      Jun 1, 2020

      AS THE SEVENTH PRESIDENT OF THE African Development Bank (AfDB) serving two terms until 2015, Dr Donald Kaberuka led the development and economic integration of the continent. As the African Union High Representative for the Peace Fund, and on the bo

      5 min read

    • Article

      The Four P's of Economic System Change

      Mar 24, 2022

      You recognise the multiple and interlocking crises troubling the world. You take on board the warnings of scientists that acting to address environmental breakdown is beyond urgent. You know that communities across the globe all too often struggle to

      5 min read

    • Article

      ‘Desperate Times Need Desperate Measures Or Then Let's Accept Our Fate’

      Dec 2, 2022

      IT WAS WONDERFUL TO SEE THE revival of the Forbes Global CEO conference that was held post Covid in Singapore in October this year. It was great to reconnect with global leaders as well as meet Forbes’ extended family from different parts of the worl

      5 min read

    • Article

      Could The Sdgs Deliver On Their Promises?

      Jun 18, 2020

      GARY: The SDGs cover a huge number of seemingly intractable issues. What might surprise many people is that there is a good chance they will succeed. There are six reasons to be optimistic. First, the fact that 191 countries actually agreed the SDGs

      5 min read

    • Article

      Shut Out

      Feb 20, 2020

      Shut Out
      10 min read

    • Article

      An Alternative To GDP

      Aug 7, 2020

      the single most powerful ideology of our time is the fixation on growth. Irrespective of whether it is growth at a macro or micro level, if entities can demonstrate some form of growth, they are perceived to be on the road to success. The time, howev

      1 min read

    • Article

      Poverty Is a Choice

      Jul 29, 2020

      Poverty Is a Choice
      3 min read

    • Article

      Run on Numbers

      Mar 30, 2024

      Run on Numbers
      5 min read

    • Article

      Sleepwalking Into A Less Secure Future

      Feb 4, 2023

      Sleepwalking Into A Less Secure Future
      2 min read

    • Article

      The Squeeze On Workers

      Oct 5, 2021

      The Squeeze On Workers
      11 min read

    • Article

      Q&A

      Jan 1, 2023

      How do you define ‘eco-anxiety’? Eco-anxiety is an emotional response to the environmental crisis, and in addition to anxiety it includes other challenging emotions such as grief, anger, sadness, fear and depression. This phenomenon is showing up in

      6 min read

    • Article

      Don’t Blame The Virus

      Oct 18, 2020

      Don’t Blame The Virus
      3 min read

    • Article

      Economic Growth: What We Know And Don’t Know

      Jan 31, 2020

      the idea of economic growth is under attack. As the planet heats up, Australia burns and drought in many parts of South Africa continues, many are wondering whether the economic model of the twentieth century is the right one for the twenty-first. So

      3 min read

    • Article

      The Power of Market-Creating Innovation

      Jan 1, 2021

      Everyone has been impacted by the global pandemic, but can you talk about the particular effects on emerging economies? To be sure, the entire world has been impacted by COVID-19, but emerging economies have been severely impacted in four ways. First

      7 min read

    • Article

      Greeting A Brand-New Year

      Dec 31, 2020

      As we move into the new year with cautious optimism while still facing lingering challenges from 2020, the annus horribilis, and prepare for other challenges, including global warming and those that have not yet emerged but surely will, here are six

      5 min read

    Reviews for Hints on How to Overcome Global Economic Recession

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words