The Atiwa forest is rich in bauxite. The resources could be harnessed to support development in the
Question:
The Atiwa forest is rich in bauxite. The resources could be harnessed to support development in the country. The government of Ghana has signed a batter deal with the Republic of China. In this deal, bauxite deposits in the Atiwa forest would be exploited by china in exchange for 2 billion dollars. Three Civil Society Organization (CSOs) have asked the government to reconsider its plans to mine bauxite in the Atiwa Forest.
According to the CSOs it poses a threat to the Atiwa Forest and, therefore, is not in the national interest. The three - the Friends of the Earth, the Green Livelihood Alliance and AROCHA Ghana, made this known at a news conference to further press home their concerns.
Mr. Nehemiah Tettey Odjer-Bio, the Project Coordinator of Friends of the Earth and a spokesperson for the group, said their concerns bothered on access to information on the proposed agenda, forest and biodiversity, health, impact on water supplies, community food production, jobs and carbon finance. He said mining of bauxite would have conflict and contradictions on the country's Forest policies and forest management.
You are employed as a regulator to assess the proposed project. Discuss the costs and benefits of mining in the Atiwa forest and state your position.
Macroeconomics Principles and Policy
ISBN: 9780324586213
11th Edition
Authors: William J. Baumol, Alan S. Blinder