Financial Management in the Decentralised Crises Economy of Cameroon
- Country : Cameroon
- Subject : Finance and Accounting
Keywords : Decentralised economy, financial planning, sources of funds. Applications of funds, economic crisis, political crisis
Abstract
This paper on the Financial Management in a Decentralised Crises Economy of Cameroon is written in a reflectional style. Most of the ideas stem from the personal reflections of the author and it is based on academics. The paper focuses on what proper financial management is all about, both for the government and companies, during crises. It explains the difference between economic crisis and political crisis, stating the sources and application of national and company finance. It points out that there is absolutely a great need for proper financial planning to make sure that there is financial stability, especially during crisis. The paper sets out to suggest a way out of the economic and political crises, Cameroon is in. The paper points out the way growth can be achieved and how crises should be handled, to bring them to an end. In addition, the paper states the way forward. It concludes by indicating that the North West and South West Regions, should be granted the National Dialogue Promised Special Status of the Quebec style autonomy, as granted by the Canadian Government to the Quebec Province in Canada. It points out that granting such a Special Status would bring peace to the two crisis-stricken regions of Cameroon.
Comments
No have any comment !