The Effect of Private Sector on Cameroon Gdp

CHAPTER ONE 1.0. INTRODUCTION. The private sector is a broad concept which has long been underestimated by economic authors but also by the government. The evolution of business ideas from the mercantile era (15th century BC) has yielded a lot in today’s business world. Businesses exist both in developing and developed countries. Each year, a large number of new businesses are started of which only a few are successful and grow larger. These businesses are both made by foreigners and nationals. This is also often by those who have worked for others and now want to use the opportunity to go operational.
In the case of Cameroon, businesses like manufacturing, services, agriculture and industry have dominated the scene, a majority of which are owned by private individuals: this is private investments. Investment activities account for a greater proportion of Cameroon’s gross National Product (GNP), on Cameroon’s employment rate and also on Cameroon’s value added given emphasis on this concept of private sector investment activities and shows its effects on the Cameroon economy. This makes Cameroon to be recognized internationally and as well serve as a tool of living standards overtime.

2.1. PROBLEM STATEMENT.
Investment which is everyone possible faculty to create an activity that will bring him better results in substance has a huge contribution to a country’s economy. The section of investment in the private part: private investment brings about important revenue to a country’s economy as it is specified. Given that takes are imposed on each goods, private sector is about to produce and willing to sell to the whole world; that private activities such as firms, companies and industries help the country in reducing his employment rate and also that private activities especially ones made by foreigners emphasizing on the Cameroon primary product (firewood, cocoa, coffee) by his exportation brings about changes(fluctuation)on the cameroon economy.This

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