General News of Wednesday, 4 October 2017

Source: atinkaonline.com

Corruption undermines collective ability to build stronger economies - Bawumia

Vice President Mahamudu Bawumia Vice President Mahamudu Bawumia

Vice President Mahamudu Bawumia says developing stronger economies requires good governance and protecting the social and economic opportunities of citizens.

He added that it also requires a change in our attitude in the way we deal with our common wealth.

“Those who steal from the common wealth through embezzlement and corruption undermine our collective ability to build stronger economies because they distort incentives for work,” the vice president stated.

He was delivering a lecture on the topic, “DEVELOPING STRONGER ECONOMIES FOR THE AFRICAN CONTINENT: THE MISSING LINK” at the University of Cape Coast on Wednesday.

He said university students have roles to play in nurturing and stimulating creative thinking, undertaking basic research in problems confronting society.

According to the vice president, universities cannot decouple themselves from tackling the challenges in society.

“Universities must see themselves as also at the heart of helping to build stronger economies and stronger societies.

"Whether it is in the humanities, social sciences, physical sciences and mathematics, quality education is the bedrock of our problem solving skills, of our creative thinking and generator of ideas," Dr Bawumia said.

He said leapfrogging technological innovations to the future, finding new ways of doing things are the hallmarks of innovation and productivity.