Abstract: This paper empirically examines the dynamic relationship between financial deepening and economic growth in a monetary union. We find positive but weak evidence of impacts of financial deepening on growth for Gambia, Gabon and Sierra Leone. There is no evidence of any positive significant impact for Ghana and Nigeria. We argue that, the weak evidence between financial deepening and economic growth can be a consequence of the inability of assessing credit (long-term loans), credit worthiness, lack of information and low level of bank deposits by the private sector despite the improvement in the financial sector.
Abstract: The goal of this study was to increase the awareness of the description and assessments of rice acreage response and to offer mechanisms for agricultural policy scrutiny. The ordinary least square (OLS) technique was utilized to determine the coefficients of acreage response models for the rice varieties. The magnitudes of the coefficients (λ) of both the ROK lagged and NERICA lagged acreages were found positive and highly significant, which indicates that farmers’ adjustment rate was very low. Regarding lagged actual price for both the ROK and NERICE rice varieties, the short-run price elasticitieswere lower than long-run, which is suggesting a long term adjustment of the acreage under the crop.
However, the apparent recommendations for policy transformation are to open farm gate prices and to decrease government’s involvement in agricultural sector especially in the acquisition of agricultural inputs. Impending research have to be centered on how this might be better realized. Necessary conditions should be made available to the private sector by means of minimizing price volatility. In accordance with structural reforms, it is necessary to convey output prices to farmers with minimum distortion. There is need to eradicate price subsidies and control, which generate distortion in the market in addition to huge financial costs.
Abstract: This study endeavors to evaluate the effects of farmers’ training program on the adoption of improved farming practices, the output of rice farming, and the income as well as the profit from rice farming by employing an ex-post non-experimental data in Sierra Leone. It was established that participating in farmers’ training program increased the possibility of adoption of the improved farming activities that were implemented in the study area. Through the training program also, the proceeds from rice production was also established to have increased considerably. These results were in line with the assumption that one of the main constraints on the growth in agricultural output particularly rice cultivation in most African states is the lack of efficient extension programs.
Abstract: This paper aims to argue that religion and Faith-based Organizations (FBOs) contribute to building democratic process through the provision of education in Sierra Leone. Sierra Leone experienced a civil war from 1991 to 2002 and about 70 percent of the population lives in poverty. While the government has been in the process of rebuilding the nation, many forms of Civil Society Organizations (CSOs), including FBOs, have played a significant role in promoting social development. Education plays an important role in supporting people-s democratic movements through knowledge acquisition, spiritual enlightenment and empowerment. This paper discusses religious tolerance in Sierra Leone and how FBOs have contributed to the provision of primary education in Sierra Leone. This study is based on the author-s field research, which involved interviews with teachers and development stakeholders, notably government officials, Non-governmental Organizations (NGOs) and FBOs, as well as questionnaires completed by pupils, parents and teachers.
Abstract: This paper aims to argue that religion and Faith-based
Organizations (FBOs) contribute to building democratic process
through the provision of education in Sierra Leone. Sierra Leone
experienced a civil war from 1991 to 2002 and about 70 percent of the
population lives in poverty. While the government has been in the
process of rebuilding the nation, many forms of Civil Society
Organizations (CSOs), including FBOs, have played a significant role
in promoting social development. Education plays an important role in
supporting people-s democratic movements through knowledge
acquisition, spiritual enlightenment and empowerment. This paper
discusses religious tolerance in Sierra Leone and how FBOs have
contributed to the provision of primary education in Sierra Leone. This
study is based on the author-s field research, which involved
interviews with teachers and development stakeholders, notably
government officials, Non-governmental Organizations (NGOs) and
FBOs, as well as questionnaires completed by pupils, parents and
teachers.
Abstract: The crop rice is the staple food of most Sierra Leone
with no close substitute. However, its cultivation has been on its last
legs over the years. The decline in the domestic rice cultivation has
had vicious socio-economic implications such as hiking consumer
prices, balance of payment dilemmas with debt burden. The objective
of this study is thus, to assess the effect of the shift of rural labour
towards non-agricultural sectors on rice cultivation. The tools utilized
for analyzing the problem under consideration involved a thorough
descriptive statistics and generalized linear model using OLS
technique. Increased rural population was established positive and
significant in affecting rice cultivation. Fertilizer utilization was
insignificant in rice cultivation. For reducing the shift of rural labor
force towards nonagricultural sectors, the government should make
the agricultural sector very lucrative.
Abstract: Rice, which is the staple food in Sierra Leone, is
consumed on a daily basis. It is the most imperative food crop
extensively grown by farmers across all ecologies in the country.
Though much attention is now given to rice grain production through
the small holder commercialization programme (SHCP), however, no
attention has been given in investigating the limitations faced by rice
producers. This paper will contribute to attempts to overcome the
development challenges caused by food insecurity. The objective of
this paper is thus, to analysis the relationship between rice production
and the domestic retail price of rice. The study employed a log linear
model in which, the quantity of rice produced is the dependent
variable, quantity of rice imported, price of imported rice and price of
domestic rice as explanatory variables. Findings showed that, locally
produced rice is even more expensive than the imported rice per ton,
and almost all the inhabitants in the capital city which hosts about
65% of the entire population of the country favor imported rice, as it
is free from stones with other impurities. On the other hand, to
control price and simultaneously increase rice production, the
government should purchase the rice from the farmers and then sell to private retailers.