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Alumnus Amissah-Arthur Cuts Sod For The Construction Of Economics Buildingpdf print preview print preview
A sod-cutting ceremony for the construction of a multi-purpose complex for the Department of Economics has been performed recently.

The project which is being funded by the Bank of Ghana is expected to be completed in twelve months. The modern building complex consists of an auditorium, seminar rooms, computer laboratory, library and offices.

The Governor of the Bank of Ghana, Mr. Kwesi Amissah-Arthur, who is an alumnus of the Department, paid glowing tribute to past and present lecturers for their commitment in training economists who he said had been of immense benefit to the Bank of Ghana and other institutions. He said the decision to support the construction was part of the Bank of Ghana’s corporate social responsibility. He said the decision to support the department was taken by his predecessor, who is an alumnus of the department, adding that the presence of the Board and Deputy Governors of the Bank was proof of the Bank’s commitment.

The Vice-Chancellor, Prof. Ernest Aryeetey, also an alumnus of the Department, said the University was committed to bringing about visible transformation in the Department and would ensure that the project moves on as scheduled. On the Department’s status and faculty development, the Vice-Chancellor said that even though there have been suggestions to transform the Department into a School of Economics and Development, a view that he shared, it was important for the Department to produce more professors. He mentioned that the University will admit 20 out of the 45 Master of Philosophy students to pursue PhD programmes, adding that other lecturers from the University of Yale, Cornell University, the United Nations University and the World Institute for the Development of Economics Research will be engaged to work hand in hand with the department’s faculty members.

Earlier, the Head of Department, Dr. Augustine Fritz Gockel, in his welcome address said the Department, has since the colonial days been considered as an intellectual engine of growth and development. He congratulated Mphil students at the Department, who since 1995, have taken the first position among 25 countries participating in the Collaborative Masters Programme In Economics from Anglophone Africa (CMAP), usually held in Nairobi, Kenya for a three-month intensive two semester programme. Dr. Gockel outlined a number of new courses that the Department was looking forward to implementing, such as short courses to sharpen the skills of policy makers and other professionals in handling economic analysis and management issues and new masters programmes geared towards the markets and based on need assessment of private and public sectors. He also noted that there are plans to run a vigorous PHD programme in conjunction with the African Economic Research Consortium (AERC).

The former Chairman of the University Council and Managing Director of Tropical Cable and Conductor Limited, Mr. Anthony Oteng-Gyasi, an alumnus of the Department spoke on behalf of alumni of the Department. He called on all alumni to support the project beyond the first phase. Mr. Oteng-Gyasi emphasized on the need to attract the needed talents to the Department to make more meaning to the structures being established. He further called for the training of more micro-economists, especially at the Post-graduate level, some of whom will enter the manufacturing sector.

Among the dignitaries present at the ceremony were the Deputy Governors of the Bank of Ghana, Dr. Henry Kofi Wampah and Mr. Millison Kwadjo Narh and other Senior Officials and Board members of the Bank of Ghana. The others were, Mr. Albert Essien, Ecobank’s Group Executive Director for Corporate Banking, Mr. Jim Baiden, Deputy Managing Director of The Fidelity Group, Mrs. Cecelia Kwofie, Managing Director of DOMOD Aluminum Ghana Limited, Mr. Kojo Thompson, Board Chairman of the Ghana Commercial Bank and Dr. Joe Abbey, Executive Director of the Centre for Policy Analysis (CEPA). Also in attendance were the Pro-Vice-Chancellor (Academic and Student Affairs), Prof. Kewsi Yankah, some Deans as well as past and present lecturers and students of the department.
Date Published: 14/07/2011
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