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Economic Degradation: The Dangers of a Depleting Economy Resulting from Rural Exodus Due to War - Case of Southwest Region of Cameroon

Received: 6 May 2022     Accepted: 1 June 2022     Published: 27 June 2022
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Abstract

The rampant movement of the people of the South West Region of Cameroon to that of the French speaking regions in search of peace, security, education, greener pastures, etc. has hashed a dangerous breed of vultures that are eating the fabrics of the economic system of the region and the country in general. Rural exodus in any developing or underdeveloped country is a deterrent to the economy and a weightier venture that challenges the management and leadership skills of the power that be to make intelligent decisions for future success. In this qualitative research with a purposive sample, data were collected from 30 participants in the age range of 18-65 years old and analyzed to help safeguard the economic and financial stability of the Southwest Region of Cameroon. The result shows that peace and education are the solutions to prevent businesses from leaving or moving out of the State or Region to areas of calmness and security. There are still rampant killing and kidnapping of innocent citizens for ransom who have no power to change the country's laws. The leadership must stop playing politics and strive to maintain peace and seek solutions quickly to stabilize the economic condition of the people.

Published in Journal of Finance and Accounting (Volume 10, Issue 3)
DOI 10.11648/j.jfa.20221003.13
Page(s) 168-173
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2022. Published by Science Publishing Group

Keywords

Strategic Management, Strategic Leadership, APEX Thinkers, Decision Making

References
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[2] Estelle, E. (2019). Chaos in North Africa opens door to extremists. Los Angeles Times, A. 9, 9.
[3] Guest, G. (2018, Dec 14). Forecast 2019: The trade war’s effect on startup investment. University Wire http://lmunet.idm.oclc.org/login?url=https://www-proquest-com.lmunet.idm.oclc.org/wire-feeds/forecast-2019-trade-war-s-effect-on-startup/docview/2156047160/se-2?accountid=12101
[4] Igbokwe-Ibeto, C. J. (2021). African bureaucracy and the cost of governance: the implications on africa's development. Journal of Public Administration, 56 (1), 3–16. https://doi.org/10.10520/ejc-jpad-v56-n1-a2
[5] International Monetary Fund (2020). Global Financial Stability Report: Markets in the time of COVID-19. Retrieved from https://www.imf.org/en/Publications/GFSR/Issues/2020/04/14/global-financial-stability-report-april-2020#Chapter1
[6] Lee, C. (2020). The Effect of War on U.S. Economic Growth: Comparing the Korean War, Vietnam War and Wars in Middle East (Order No. 27997439). Available from ProQuest Dissertations & Theses Global: The Humanities and Social Sciences Collection. (2418753847). http://lmunet.idm.oclc.org/login?url=https://www-proquest-com.lmunet.idm.oclc.org/dissertations-theses/effect-war-on-u-s-economic-growth-comparing/docview/2418753847/se-2?accountid=12101
[7] Obura A. and bird, L. (2010). Education marginalization in post-conflict settings: A comparison of Government and donor responses in Burundi and Rwanda. Retrieved from https://unesdoc.unesco.org/ark:/48223/pf0000186602
[8] Reuveny, R., Mihalache-O'Keef, A., & Quan, L. (2010). The effect of warfare on the environment. Journal of Peace Research, 47 (6), 749–761.
[9] Schiel, R., Powell, J., & Faulkner, C. (2020). Mutiny in africa, 1950–2018. Conflict Management and Peace Science, (20200709). https://doi.org/10.1177/0738894220934882
[10] Tabur, S., Tufan, A. E., Çeri, V., & Semerci, B. (2019). Syrian Civil War's effects on Turkish school children: prevalence and predictors of psychopathology *. Klinik Psikofarmakoloji Bulteni, 29 (4), 811-816. http://lmunet.idm.oclc.org/login?url=https://www-proquest-com.lmunet.idm.oclc.org/scholarly-journals/syrian-civil-wars-effects-on-turkish-school/docview/2337170097/se-2?accountid=12101
[11] Tol, W. A., Komproe, I. H., Jordans, M. J. D., Ndayisaba, A., Ntamutumba, P., Sipsma, H.,... de Jong, J., T. V. M. (2014). School-based mental health intervention for children in war-affected burundi: A cluster randomized trial. BMC Medicine, 12, 56. doi:http://dx.doi.org/10.1186/1741-7015-12-56
[12] United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Africa, Global Health, Global Human Rights, and International Organizations. (2018). Crisis in the republic of cameroon: hearing before the subcommittee on africa, global health, global human rights, and international organizations of the committee on foreign affairs, house of representatives, one hundred fifteenth congress, second session, june 27, 2018. U.S. Government Publishing Office. Retrieved September 10, 2021, from INSERT-MISSING-URL.
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  • APA Style

    Edmond Lyonga. (2022). Economic Degradation: The Dangers of a Depleting Economy Resulting from Rural Exodus Due to War - Case of Southwest Region of Cameroon. Journal of Finance and Accounting, 10(3), 168-173. https://doi.org/10.11648/j.jfa.20221003.13

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    ACS Style

    Edmond Lyonga. Economic Degradation: The Dangers of a Depleting Economy Resulting from Rural Exodus Due to War - Case of Southwest Region of Cameroon. J. Finance Account. 2022, 10(3), 168-173. doi: 10.11648/j.jfa.20221003.13

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    AMA Style

    Edmond Lyonga. Economic Degradation: The Dangers of a Depleting Economy Resulting from Rural Exodus Due to War - Case of Southwest Region of Cameroon. J Finance Account. 2022;10(3):168-173. doi: 10.11648/j.jfa.20221003.13

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  • @article{10.11648/j.jfa.20221003.13,
      author = {Edmond Lyonga},
      title = {Economic Degradation: The Dangers of a Depleting Economy Resulting from Rural Exodus Due to War - Case of Southwest Region of Cameroon},
      journal = {Journal of Finance and Accounting},
      volume = {10},
      number = {3},
      pages = {168-173},
      doi = {10.11648/j.jfa.20221003.13},
      url = {https://doi.org/10.11648/j.jfa.20221003.13},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20221003.13},
      abstract = {The rampant movement of the people of the South West Region of Cameroon to that of the French speaking regions in search of peace, security, education, greener pastures, etc. has hashed a dangerous breed of vultures that are eating the fabrics of the economic system of the region and the country in general. Rural exodus in any developing or underdeveloped country is a deterrent to the economy and a weightier venture that challenges the management and leadership skills of the power that be to make intelligent decisions for future success. In this qualitative research with a purposive sample, data were collected from 30 participants in the age range of 18-65 years old and analyzed to help safeguard the economic and financial stability of the Southwest Region of Cameroon. The result shows that peace and education are the solutions to prevent businesses from leaving or moving out of the State or Region to areas of calmness and security. There are still rampant killing and kidnapping of innocent citizens for ransom who have no power to change the country's laws. The leadership must stop playing politics and strive to maintain peace and seek solutions quickly to stabilize the economic condition of the people.},
     year = {2022}
    }
    

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    AU  - Edmond Lyonga
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    AB  - The rampant movement of the people of the South West Region of Cameroon to that of the French speaking regions in search of peace, security, education, greener pastures, etc. has hashed a dangerous breed of vultures that are eating the fabrics of the economic system of the region and the country in general. Rural exodus in any developing or underdeveloped country is a deterrent to the economy and a weightier venture that challenges the management and leadership skills of the power that be to make intelligent decisions for future success. In this qualitative research with a purposive sample, data were collected from 30 participants in the age range of 18-65 years old and analyzed to help safeguard the economic and financial stability of the Southwest Region of Cameroon. The result shows that peace and education are the solutions to prevent businesses from leaving or moving out of the State or Region to areas of calmness and security. There are still rampant killing and kidnapping of innocent citizens for ransom who have no power to change the country's laws. The leadership must stop playing politics and strive to maintain peace and seek solutions quickly to stabilize the economic condition of the people.
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Author Information
  • School of Business, DBA Program, Lincoln Memorial University, Knoxville, USA

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