Tuesday, October 03, 2006

International Development: Poor Ghanaians opt for foreign goods

Ghana Home Page reports, that Mr Emmanuel Akoto, a consultant in small-scale business development, has said poverty rather than desire was responsible for Ghanaians eagerness to buy imported goods. He said one needed an incomparable sense of patriotism to opt for a Ghanaian product that was more costly than a similar product of foreign origin.

He added that it was not rational for the poor to buy expensive but sometimes more durable Ghanaian made wares, when they could buy the same goods at cheaper prices even though of foreign origin.

He was Addressing a forum organised by the Ghana Trade and Livelihood Coalition (GTLC) for representatives of small-scale industrialists, farming groups, non-governmental organisations and district assemblies.