Starting Operations in Two Foreign Countries

Dear client ! In the the reference section is added now . As far as I understood , that is what you call `in citations . So , you 've got the sources to practically all data , upon which the is based I do hope you will like this version better . Good luck

Starting Operations in Two Foreign Countries

Having received the assignment of developing the project of two states analysis , I decided to provide the comparison of backgrounds and mail economic /politic indices of two African countries - Nigeria and Ghana which are among the leading African

non-Arabian countries these days

Nigeria

Background

Finally , after 16 years of military regime , in 1999 a new constitution has become valid , and a peaceful transition to civilian government was completed . The president faces the daunting task of rebuilding a petroleum-based economy , whose revenues have been squandered through corruption and mismanagement , and institutionalizing democracy1 . Nigeria is slowly emerging from fifteen economically devastating years of a corrupt military dictatorship5 . Despite some irregularities , the April 2003 elections marked the first civilian transfer of power in Nigeria 's history . This is an undoubtedly positive factor for Nigeria , which opens a new page in its history , welcoming investors from worldwide

Coastline : 853 km4 - Levels with Ghana , both of which enjoy straight access to the ocean

Population : 137 ,253 ,1334 - the most populated country in Africa , which means a bigger market , on the other hand , raises the issue excess mortality due to AIDS lower life expectancy , higher infant mortality and death rates , for Population below poverty line equals 60 (2000 est

Languages : English (official )4 - positive for collaboration with the locals will be on the better basis of the language of international cooperation

Economy : An OPEC member , Nigeria is one of the world 's largest oil exporters . Nigeria is a major oil supplier to Western Europe and was the 5th largest supplier of crude oil to the United States in 2002 . - Positive , for oil resources , being handled wisely , may lead the state to progress . However , oil-rich Nigeria , has been long tortured by political instability , corruption , inadequate infrastructure , and poor macroeconomic management . It is now undertaking some reforms under the new civilian administration1

GDP : purchasing power parity - 110 .8 billion (2003 est )4

GDP - real growth rate : 3 .4 (2003 est )4

GDP - per capita : purchasing power parity - 800 (2003 est )4

Transportation

Railways Highways paved : 60 ,068 km (including 1 ,194 km of expressways

unpaved : 134 ,326 km (1999 est )1

Illicit drugs : a transit point for heroin and cocaine intended for European , East Asian , and North American markets safehaven for Nigerian narcotraffickers operating worldwide major money-laundering center massive corruption and criminal activity , remains on Financial Action Task Force Non-Cooperative Countries and Territories List for continued failure to address deficiencies in money-laundering control regime1

Disputes : Nigeria 's stability has been repeatedly threatened by fighting between fundamentalist Muslims and Christians over the spread of Islamic law (sharia ) across the heavily Muslim north4

Ghana

Background

Formed from the merger of the British colony of the Gold Coast and the Togoland trust territory , Ghana in 1957 became the first country in colonial Africa to gain its independence . A long series of coups resulted in the suspension of the constitution in 1981 and the banning of political parties . A new constitution , restoring multiparty politics was approved in 1992 . Lt . Jerry RAWLINGS , head of state since 1981 , won presidential elections in 1992 and 1996 , but was constitutionally prevented from running for a third term in 2000 . He was succeeded by John KUFUOR , who defeated former Vice President Atta MILLS in a free and fair election .6

Coastline : 539 km3 - Positive , enables easier communication with the US and Europe

Languages : English (official )3 - Positive , at par with Nigeria

Economy : Well endowed with natural resources , Ghana has roughly twice the per capita output of the poorer countries in West Africa . Even so Ghana remains heavily dependent on international financial and technical assistance . Ghana opted for debt relief under the Heavily Indebted Poor Country (HIPC ) program in 20026 . Negative , for dependence on agriculture places Ghana among third-world countries . The economy had a mixed performance in 2002 . The country enjoyed improved terms of trade with higher gold and cocoa prices and improvements were made in the areas of tax administration , financial sector reform , the move to full cost recovery for electricity and water and governance2

GDP : purchasing power parity - 44 .49 billion (2003 est )3

GDP - real growth rate : 4 .8 (2003 est )3

GDP - per capita : purchasing power parity - 2 ,200 (2003 est )3

Population below poverty line : 31 .4 - Twice as little as in Nigeria Level of life in Ghana is higher , which is indicated by the purchasing power parity

Disputes - international : Ghana has received many refugees and returning nationals escaping rebel fighting in Cfte d 'Ivoire3

Illicit drugs : illicit producer of cannabis for the international drug trade major transit hub for Southwest and Southeast Asian heroin and to a lesser extent , South American cocaine destined for Europe and the US

To conclude I would like to say that on the basis of the given analysis I have to come to the conclusion that in spite of the worse economical indices in Nigeria today , its market has a more prospective future Bureaucracy and corruption within the governmental domain should be tackled with the new president being in term and large masses of population introduce an attractive aim for marketing purposes , for instance in the sphere of alternative energy supplies , which Nigeria , in spite of oil supplies , strongly lacks . Thus , my choice for the subsidiary of the company , based upon the future trends I foresee - is Nigeria

Reference

1 - http /www .cia .gov /cia /publications /factbook /geos /ni .html

2 - http /www .mbendi .co .za /land /af /gh /p0005 .htm

3 - http /www .info .com /ipa /A0107584 .html

4 - http /www .info .com /ipa /A0107847

5 - http /www .usaid .gov /pubs /bj2001 /afr /ng

6 - http /www .cia .gov /cia /publications /factbook /geos /gh .html ...