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Improving and Sustaining Economic Growth in Africa. A Case Study of China’s Three Gorges Dam

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Listed:
  • Richard Amoasi

    (N/A)

  • Ivanrich Asamoah

    (N/A)

  • Tyse Adwoa Acquah

    (N/A)

  • Francisca Aborh

    (N/A)

  • Winifred Serwornu

    (N/A)

  • Margaret Asamoah

    (N/A)

Abstract

Strategic alliance in the area of hydro dams’ construction will serve as a major mechanism for curtailing high cost of living and the high unemployment rates in Africa. Food shortage is normal in most African countries and prices of food is very high preventing many within the lower income groups from making any meaningful savings. Farmers depend on rainfall and in most times of the year, farmers do not obtain water for farming. Dams with excess water are spilled causing destruction of lives and properties without saving the water for any particular purpose in most African countries. Constructing similar dam like the Three Gorges Dam in Africa through strategic alliance with high hydro power production will increase electricity supply to sustain manufacturing companies, water supply as well as promote tourism to increase the Gross Domestic Product (GDP) of the nations. The 4 years full cost recovery instead of the projected 10 years is a sign of efficiency, transparency and a sense of accountability lacked by African governments.

Suggested Citation

  • Richard Amoasi & Ivanrich Asamoah & Tyse Adwoa Acquah & Francisca Aborh & Winifred Serwornu & Margaret Asamoah, 2022. "Improving and Sustaining Economic Growth in Africa. A Case Study of China’s Three Gorges Dam," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(10), pages 203-207, October.
  • Handle: RePEc:bcp:journl:v:6:y:2022:i:10:p:203-207
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