Ghana Stock Market Dissertation Example | Topics and Well Written Essays - 14750 words

Ghana Stock Market - Dissertation Example This paper addresses the issues involved in making the stock market work for the improvement of a borderline national economy that is venturing into this financial activity for the first time. For a more comprehensive undertaking, we will start by assessing the benefits that can be derived from the establishment of a stock market. The idea is to ascertain how the stock market contributes to the improved allocation of capital to industry, what is the relationship between stock market development and economic growth, and what factors determine stock market development. More important, the study aims to discover the surefire ways by which poor countries that have yet to attain financial depth and expertise can make their newly established stock exchanges more functional and useful. From the general perspective, the paper shifts its focus on the dynamics of a particular stock market, which is the young securities and equity market of Ghana. Established only 10 years ago, the Ghana stock market exhibits the inefficiencies that may be described as its growing pains. The literature suggests that a country’s overall economic climate is the biggest influencing factor on stock market development, which means that Ghana faces formidable odds because of its low level of economic growth. This shows in the lackluster performance of the stock market as exemplified by the low levels of both individual and institutional investments. Latest data place individual and institutional investments at a miserable $5,000 and $20,000, respectively. This reflects in the relatively tiny client base of the market and the minuscule number of listed companies on the exchange. 1.3. Research Questions The paper will attempt to address the following set of questions: 1. What benefits can a developing country gained from the stock market that operates efficiently 2. What is the relationship between stock market development and economic growth

Health Care Reform in America Research Paper Example | Topics and Well Written Essays - 1000 words - 2

Health Care Reform in America - Research Paper Example The contention was supported by authors Siegel, Mead and Burke (2008) who revealed an analogous argument in the rising costs of healthcare services coupled with the increasing number of Americans who are uninsured. The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) emphasized that â€Å"some  47 million U.S. residents have no health insurance, and the numbers keep growing† (AFL-CIO, 2011, par. 1). In view of this, the current administration has enacted the Affordable Care Act that envisions implementing â€Å"comprehensive health insurance reforms that will hold insurance companies more accountable, lower health care costs, guarantee more health care choices, and enhance the quality of health care for all American† (USDHHS: Health Care, n.d, par. 1). The purposes of the reform are as follows: to broaden the population that receives health care coverage through either public sector insurance programs or private sector insurance companies; to expand the array of health care providers consumers may choose from; to improve the access to health care specialists; to improve the quality of healthcare; to give more care to citizens; and to decrease the cost of healthcare, among others. (PLS CITE YOUR SOURCE) Health care reform is therefore important to all Americans in terms of making health care accessible to more affordable health coverage through the following strategies, to wit: â€Å"(1) sets up a new competitive private health insurance market; (2) holds insurance companies accountable; and (3) puts our budget and economy on a more stable path† (USDHHS: Health Care, n.d., pars. 6 to 8). 1965 President Lyndon Johnson Lyndon enacted legislation which introduced Medicare covering both hospital and general medical insurance for senior citizens paid for by a Federal employment tax over the working life of the retiree, and Medicaid permitted the Federal government to partially fund a program for the poor, with the program managed and co-financed by the individual states.