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Open question

information asymmetry and our failing insurance market (final paper)

Posted by gkdapaa on Sat, 04/14/2007 - 21:40

Apparently, what i had posted earlier were missing the mathematical equations. I have attached another version that should not be corrupted. I, once again, would like to note that, though I have included some mathematical stuff (to convince the mathy guys), I have at least tried to preserve the big economic story. This paper, unlike Akerlof's, is therefore PG 13 (should be readable to even SSS graduates). In case there are any additions to make my story more convincing, please feel free to comment and i will do well to revise it accordingly. Many thanks


Is it Brain Drain or Brain Waste that perturbs Ghana (the appetizer)

Posted by gkdapaa on Fri, 04/13/2007 - 16:46

We have all heard big talks on brain drain in Ghana, and Africa as whole. Even without looking at data, it's indisputable that the best human capital of Africa are being used in non-African lands. This has deceived numerous African leaders and thinkers to attribute the "tortoise" progress of the continent to this famous phenomenon called brain drain. Though brain drain, without an iota of doubt, is a reality, whether or not, Africa (Ghana) could have currently done better without it is debatable.