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tv   [untitled]    December 19, 2013 9:30am-10:01am EST

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just my opinion. the rightmost seemed. first rate. and i think the jury. on our reporters twitter. and instagram. could be in the. long long. long as.
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in the beginning of two thousand and thirteen the capital of ghana was named africa's fastest growing city. proof of this weathered dozens of cranes dotting the horizon satisfying the demand for new modern offices for both local companies and banks and multinationals.
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expensive cars roam the streets. shiny moles filling the consumer dreams of the capital's affluent people. again as economies thriving. the country is among the world's fastest growing economies and is africa's number one and growth rates. for the i.m.f. ghana is a success story. successful. the rule of yeah is really to advise of micro police she's so we we do not we do not construct bridges and develop infrastructure but in time of my quest ability
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clearly over the last. few years have done quite well in terms of generating an environment of macroeconomic stability which is necessary to have investment and growth and job creation. current economic success could not have been accomplished without the newly received loans the last loan agreement between the i.m.f. was in two thousand and nine for the sum of six hundred two million dollars at that time the country experienced some fiscal slippage is and depletion of its international reserves which was a combination of increased public spending but also. the side effect of the global financial crisis so we had the reduction of reserve of the central bank the increase of the deficit there was a need to. provide some financing. to crises and had to authorities.
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to make a balance of. ghana's dept exploded to a new record high reaching fourteen point six billion dollars we talk about credit facilities as if. it doesn't have to be paid back but our children and grandchildren will have to pay is that and i think it's almost like selling the family silver. you do kind of did not. find as lead economic management has been they. and their religion of african rulers and. and every so-called group is seen as a success which therefore should feed that process even. one of the fastest growing economies not just in africa but in the world last year. one of the effects of that is that you so you wouldn't you would think that if a column is growing it has greater independence it has great space. and resources
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to invest in the things that it needs to you know transform its economy and transform the conditions of his people i mean that's it was what any logical thinking would be however in our case that is not what is happening. around the room. after finishing her chores in the morning
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comfortable cutty prepares her grandchildren for school she is a primary school teacher at paga a small agricultural community in northeastern ghana. was. this is the primary school every tree is a classroom there are two hundred ninety one children studying here while. i. was there. many of them have to walk at least five kilometers to get here was little was. was. the second largest gold
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producer in africa cannot provide classrooms to sauza as of children. in ghana four thousand schools have no facilities the lessons like here take place under the treats. who do house structure. we are teaching under three s. and because of that there is no in the effective teaching and leno. especially when ever it is threatening to rain we have to run home and wended the trees sharing the same problem they would in the dead of snow. not being effective teaching and then in the course of deciding when it is hawt. feel confortable to listen and to check on will also feel comfortable to teach. me.
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no toilets no place materials. and other infrastructure. so these are the problems we're facing to school and i'm not a problem as what the problems. we do have what. so anomalous about three kilometers or four kilometers four put up will drink the water and when it's it is a bore to do there are no reasonable containers for us to store their. because of what they did a government will always complain and promise but nothing has been there. one of the i.m.f. conditions to sign the loan agreement of two thousand and nine was a cut in public sector spending gammas education system has been affected dramatically. well. in order for the government to reach its goals for deficit reduction it decided to cut almost thirty one
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million euro from the education sector. the building of new classrooms and facilities would have to wait. the government's absence is covered by the community members who raise money in order to build classrooms in any way they can. miss comfort was a leader of this afeard and invested all her savings. really. i. want i. was was after said it to mobilize. to help me with some money to put up a classroom i have used my own money in addition to this current amount that was contributed by the community members to put up one classroom block who
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was who i was. and now some of the children. lemon in that one classroom and the other classes sitting under trees sell them. yet. so whenever it is raining is even if it is threaten to rain we dismiss the children to. drive his forms indeed. and then when it is boring much this nor should. we all got that one classroom which we use in knots and i thank you for instance. the recruitment freeze in the public sector another one of the i.m.f. stipulations for signing the loan agreement had an instant impact on the quality of gammas education system.
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according to the country's education department in order to cover the teacher shortage alone in primary schools thirty three thousand one hundred eighty five teachers are needed this is something that will never be approved but. you're. here in northern ghana there is one trained teacher like comfort for every one hundred seventy. five students. i know you look at you you. know and again the inhabitants try to do whatever they can on their own vacant teaching positions are covered by parents or volunteers. that. are. here. that. we have my own attrition problem because i'm going. to do
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this to soften the. war and they can provide let you down with me to show us what. we're number look on plane. and there is that ad. that's. discourse and many. ended funds that obvious souls for education and. it's not enough to cover all this the disclose that on the trees so dust that the good in some but you do and for me it was off my you oughta know and the owners promise to do it but definitely it come to help us.
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i wonder if we can add democracy at least the expansion is democracy of the kind of styles by george w. bush to the aptly stuff utopian ideologies on par with communism on par with not since long par with militant really gents you know the ideologies that can ultimately lead to an increase in violence i think the problem is the idea that by military force you to decapitate the government create a state of anarchy and hope that democracy would spontaneously blossom. largest consumer of the p.c.'s and i see it women in the country is the federal government simply saves property of the united states government. is the united states privilege and it was done in public has to realize you can't just buy. your
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own just throw it away this is a problem for instance belongs to the united states a moment of protection agency and i found this on a dump site here this is in the mirror is not the way to live and it produces a reason that when i think should be able to look at least those i believe the vision responsible for the problems from criminal to grave. the mexico part of mental health. also belongs to the washington metro. page and trademarks. if you. start to construct. don't want to. give don't want to be gangstas you don't want to be. they don't want to know the
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time that the kid came to be we can see. you just me because i was and i was in the hood. i don't want to die i just really do not want to die young young . when i return home from school i read a little and then go to the river to get water then i go to the forest to gather
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wood and then i cook. or i have a lot of chores and can't study during the day i usually study at night. that's it i study with a flashlight because the community has no electricity. it's difficult studying that way. sometimes someone needs a flashlight and i have to wait until they finish. and that makes it difficult for me to study. and so i wish we had electricity's so i could study comfortably. in the future i want to become a useful person. i want to become a nurse. so
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. media citizens of the new state of god gather all the celebration marking their day of freedom from colonialism what was once the gold coast of british colony now becomes an independent commonwealth vice president and mrs nixon represent the united states at the three day festivities and native dances and games mark an event of historic importance since gonna becomes the first big roll call of me in africa again its freedom. in one thousand nine hundred fifty seven ghana gained its independence from the
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english ever since there has been a love hate relationship with the i.m.f. . from one thousand nine hundred sixty six five governments have received loans power has changed hands many times after so many coups. the first to approach the i.m.f. in one thousand nine hundred sixty five was ghana's first president and independence leader. as a marxist he was quick to reject the funds conditions he was overthrown a year later. but in many countries the red dry made battle plan have prayer. and drama drama and good brand on. it today are they polled ruler about
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a country. the national liberation council governments that came to power signed the loan agreement with the i.m.f. and accepted the conditions. the economy made a spectacular rebound and at the same time product prices increased. but kick our exports did not yield the expected revenue in one thousand nine hundred eighty one after the fun's recommendation the currency was devalued by forty six point eight percent there was a wage freeze and taxes were increased. a year later general a chum pong for through the government. that governmental general election. unilaterally. decided not
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to pay the debts that's gonna government to the m.f. it was a little over one thousand million dollars and. the general at the point took the position that it was something we couldn't see and we pushed for self-reliance. that was the message that he was giving to ghana and i think he made an impact unfortunately the price of oil hikes soon after that pushed doesn't back into economic decline and we ended up going back to the i.m.f. for a loan that was after the coup that threw a chump amount and it's an interesting paradigm that seems to be. an almost unholy think too good a time as. an economic downturns and then
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a falling back on the i.m.f. as almost as a savior. drop africa in the one nine hundred ninety eight you want you we had what you call i.m.f. rats which is the price of food going up as well and so forth and that kind of is the ability yes it has to be the backdrop to a lot of the one that affected many more reasons of course by the critical reason has been that the how to secure a growth model which you know unifies the my joy of the august section of the ruling class number one. which which reduces deflates the political expectation of the population number two. is also to tell people that your political expectations
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about what you can get on a realistic you can get free education you can get public housing you can get a good pension from the public sector you have to go out in the market and fight for yourself. and if you look at our history. that the stratagems have been the scene it's about. devaluing the cd it's about. fiscal. restrictions it's about restricting the government's wage bill it's about privatization or divest investing in government factories these are the same things that they do time and again and i do wonder. whether if you keep doing the same thing over and over again and the country
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doesn't move out of poverty if there isn't a need to rethink what you do well let me maybe quantify what you said in clarified. actually over the last decade what we've seen in africa and ships are in africa. is extremely encouraging in terms of microcosmic policy if we can say that over the last decade michael policies in most of ships are in africa has improved. substantially with an emphasis on my quest ability and on generating what we could but for us.
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i grew culture is one of ghana's most productive sectors. here in the north however it is the only way to survive. glenn doesn't give much. and we use the same old varieties our grandfathers did on. them they don't really give a good harvest. woman you brought to it only so many jewels come to help us. number but no government official has ever come to visit us. yeah. only the n.g.o.s teach us how to improve how to improve our methods. one doesn't
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come to teach us. the ministry of agriculture used to provide us with fertilizer but now they have stopped. moving well now they never visit us like they used to. people really i don't understand why the government isn't helping us. to welcome that. well the food sufficiency has its ups and downs. there are times of abundance and times when there isn't enough food
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for the community. so have the periods of hunger along that is when the food prices hit the roof well . that is one mil it costs ten cd for euro this is a time of great hunger that. the government cutbacks would mean for example in the case of agriculture that all kinds of subsidies all research extension services they all come and all those things for everything becomes a market price a small form a kind of buy those things they can produce as well so for most of these form is actually really. like. some of the. would have to
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do it because they'd look in the bridge of the shop or the feed into extra support and so they have ways and then to support their children and. any force to get the car business eastern related demand for his cars by offering his workers increased wages in cash but now in america the idea is to increase demand by offering workers access to more debt more credit which is a slippery slope into hell because that debt of course comes in interest payments and the interest on america's debt is that greater than or approaching america's g.d.p. as it is in japan so the global interest of the global debt is approaching a global g.d.p. and you answer to this slippery. vortex of credit to collateralize hell where no amount of revenue our taxes will ever pay the debt which is exactly what the plantation owner is while we all be living on the field now.
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why is the price of gold so high. demand global demand do you think oldest money. know the value of the only place we have to live of the water that we need to survive it's not compared to i mean gold we're not going to eat gold we're not going to bait with gold. we're not going to drink what clearly what amal is and is in a desperate economic situation absolutely right what we're wrong to do is say there for any kind of economic development from the outside is going to be a benefit their only purpose is to extract as much money as possible to feed into the global financial system. with me or part of the geo political economic system that's extremely or splintered to.
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the first was a question where the mining should even be carried out altogether can it be done in a way which doesn't destroy people's was resources environment will you know those are pretty serious questions mining is not a what a moment problem it's happening in asia in africa and south america in central america in mexico and it's even happening in kind of not in the united states. on the money with the business over russia. he. was trying to.
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present greeting says he is ready to sign a plant in full russian tycoon political skate to spend more than a decade behind bars to embezzle and an intoxication. came off secretion and faced more and still has a questions from journalists on russia's domestic and foreign policy. also on the scene international says hardline sewer and levels of astonished at a new form of tyranny in forcing away enough terror with secret prisons which run as young as a measure they tortured. pride and approach to its london rejects any you offered to fund food banks despite hundreds of sons of people in verse and not getting enough to eat.

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