Advantages Of Peace Accounting

I learned a plethora of information about the decades leading up to the Nigerian civil war as a result of this reading. Firstly, I never knew that the process of gaining independence was a systematized and prolonged one in the sense that there were 10-year programs established to facilitate this process, including the development and expansion of “social services, infrastructure, and local industries” (Falola and Heaton 146). I don’t know why I had always romanticized the independence of Nigeria to be an abrupt and quick toppling of the entrenched colonialist systems.

Intrastate conflict has historically been savage and chaotic; nowhere have these descriptors been more fitting than within African civil wars. A legacy of colonialism, ineffective governance, and regional conflict scars the continent, resulting in regular political instability within its territories. The Nigerian civil war of the late 1960s cost the lives of an estimated three-million people- the majority of whom were civilians who succumbed to starvation (NWE 2015). This conflict has traditionally been understood to have been caused by ethnic tensions within the state, and justifiably so (Falola 1999, 125). The ethnic cleansing of the Igbo that occurred throughout September and October of 1966 in northern Nigeria undoubtedly played a

War was inevitable: ‘This simple and seemingly innocuous action broke the last thread and split the last institution symbolizing Nigeria's nationhood and cohesion which had been regularly tampered with by the politicians since 1962. The rift between the Eastern Region and the rest of the country was total’ (ibid). In a meeting convened in Aburi, Ghana, by Ghanaian general Gen. Ankrah, leader of the eastern region military Lt. Col. Ojukwu understood the real issues at hand and convinced attendees that the only way for Nigeria to stay together is that it has to break apart, effectively implying secession. After a breakdown in communication, a frustrated federal government passes Decree no. 8 of 17th March 1967, which split Nigeria’s regions into twelve states. This was seen by Lt. Col. Yakubu Gowon as a pre-emptive, non-violence weapon against the east. The eastern region was split into 3 states. Lt. Col. Ojukwu unsurprisingly rejected Decree no. 8 and states that the Enugu, (capital of Nigeria’s eastern region) is headed for secession. On the 30th of May 1967, the eastern region of Nigeria declares itself as the independent sovereign state of Biafra. The Federal military fired the first bullet on the 6th of July 1967. Now this essay will turn to providing a background to the development of Realism as an analytical theory of International Relations.

Nigeria would soon become a prime example of the issues with arbitrary borders and the long term effects they can create. Nigeria would gain its independence in 1960 and would become a Federal Republic with three regions. This federalist republic would bring out regional rivalries and fears amongst the people. Violence against Igbo would erupt around the North and soon after `the Southeast secedes as Biafra. (Reno, pg. 2) A three year war would follow and illness and hunger within Biafra would prevail. Britain got involved in the issue and would aid Nigeria in pulling Biafra back in as a way to avoid a chain reaction. Eventually, the Southeast region would give in, and return to Nigeria. However, regional distrust remained an issue, and would take on ethnic and religious dimensions for years to come. In addition, there was a deep disregard to many of the institutions and practices that had already been set in place by the people.

40% of sub-Saharan countries have experienced civil war largely because of differences in cultural and political beliefs. On prominent African civil war existed in Nigeria where after gaining their independence, cultural differences led the Ibo people to rebel against the government and declare independence as the Republic of Biafra. “A 3 year war ensued that left hundreds of thousands dead” (Ellis and Esler 1030). Similar wars existed in countries throughout the continent, greatly hurting Africa’s economic

In a Western perspective, Africa is perceived as a poor, insecure, and violent continent. Although this statement is ignorant and disregards the multidimensional issues that are in each of the 54 countries, security and violence is a general issue in most African countries. African countries have not endured an easy history, and their history continues to create present conflicts. Their violent colonial past has left certain countries with ethnic rivalries and left their legacies with agents of security. Although the colonial past of African countries have been the leading cause of many of their current problems, they cannot be blamed for everything. Additionally, there is a positive correlated relationship between the state and the violence

The end of the Cold War has had profound effects on Africa. On the positive side, it has removed the tendency of outside actors to become intricate in internal and regional quarrelling in striving towards their own goals. Diminished the often excessive levels and types of military aid, training, and outside military reinforcements available to African countries, also by making UN Security Council consent of multilateral peacekeeping measures more likely.

Greed and grievances are found to be two of the most crucial causes of most violent conflicts as well as the driving forces of mass rebellion. In the case of Sierra Leone, a war that went on from 1991 to 2002 killing about 50,000 people and displacing almost two thirds of the total population is a great example of a violent conflict that fits both the greed and grievance based explanation. At the time, Sierra Leon was a country based on a one party system and dominated by the APC also known as the ‘All people’s congress’. During the APC regime there was great misuse of political power for the parties personal gain. There appeared to be great decline of “total output, neglect of agriculture, increase in unemployment, deterioration and neglect of agriculture, increase in unemployment” (Naguib, 2015). Although the president at the time made major reforms that pushed for a more democratic state, that guaranteed basic human rights, he did not keep his promising allowing the APC to continue in

In Besteman’s ethnographies, South Africa face the challenges of transforming its self after dealing with apartheid. In reality , I had expected more data on the post-war Sierra Leone , only because it has been a decade since the conflict ended. I believe that my frustration stems from me being originated from Sierra Leone. I would love for this country to pick up in terms of macroeconomics and microeconomics. But I now understand how detrimental civil wars are. My study shows one of the few concept discussed in class of African. It represents the most common problem the majority of African countries are facing , which is their corrupt government. The development for majority of African countries would be more of a constant growth if the government systems were firm and

19. The accounting assumption that requires every business to be accounted for separately from other business entities, including its owner or owners is known as the:

Sierra Leone had been considered a fragile state even before its civil war from 1991-2002, this is because it had “weak capacity and will to provide security and deliver services to its population” (Pickering, 2009, p20). The decade during the civil war was overwhelmed by huge human rights abuses, lack of coherent governments, weak social security structures and masses of violence (Evoe, 2008, p2).. A number of peace efforts were generated by international institutions, none of which were extensively effective throughout all of Sierra Leone. Despite these difficulties, the intervention in Sierra Leone is considered a noteworthy success for the United Nations peacebuilding mission. The main objective of peacebuilding missions is to ‘rebuild’ failing and weak states (Cubitt, 2013, p91) and to “prevent violence from recurring in countries that are just emerging from civil conflict” (Paris, 2002, p637). The UN mission in Sierra Leone is widely regarded as an example of successful peacebuilding in a war torn country. The mission facilitated a transition from, a failing state to a moderately peaceful state. This mission is held as an example of successful intervention, and is often used as a means to justify the benefits of UN peacebuilding and peacekeeping missions.

Nigeria has become the fastest growing country in Africa, its coastal ports are the heart and soul of its economy. Since its creation by the British Empire, there has been a civil breakdown and conflict among its tribal leaders. However, their religious understanding between Islam and Christianity has kept them at peace amidst themselves throughout time. The last few years, the government has developed itself into a functioning federation, the people are able to notice how outside influence has improved their daily lives.

Independent from British ruling since 1960, Nigeria today still suffers from ethnical and religious divisions as well as unequal distribution of power and resources among its regions. A high degree of violence and insecurity has shaped Nigeria’s political framework since colonial times. The region is characterized by systematic human under-development and socio-political decay. By draining resources from development, terrorism creates an additional burden on the society and interferes with development opportunities.

Paul Collier and Marguerite Duponchel examine how civil war impacts the economical developmental of the West African country , Sierra Leone. The authors discuss several consequences that Sierra Leone is facing because of the civil war that occurred from 1991 to 2002. For example, poor literacy is a result of the civil war because many children were prevented from going to school. As a result, majority of the population in Sierra Leone is made of young youth and adult, whose lack education. Collier and Duponchel explore areas in which the economical legacy of Sierra Leone is deplete as a result of the civil war. Collier and Duponchel state, “ The results confirm our theory: the size of firms in 2006 is negatively affected by the intensity

Secondly, fair value model offers more accurate balance sheet and income statement. The fair value model lists investment properties on the balance sheet at their fair value. Any changes in fair value are recorded directly to the income statement as other gains or losses. Therefore, under fair value model, investors can obtain more relevant and accurate information.