Final answer:
The implications of land management measures on SMEs in Ghana include improved production stability, reduced dependency on global supply chains, increased local production capacity, support for economic growth through government policy, potential challenges from international competition, and the balancing effects of international agreements.
Step-by-step explanation:
The implications of sustainable land management and measures to bolster small and medium scale enterprises (SMEs) in Ghana include several key aspects:
- It increases average production levels and stability, providing more consistent income and food security for smallholder farmers.
- Building local production capacity reduces dependency on global supply chains and mitigates against challenges such as climate change and economic fluctuations.
- SMEs are crucial for implementing sustainable practices that are adaptable to local conditions, fostering community resilience.
- With the right policy measures, government can enhance economic growth by supporting sectors that small and medium scale enterprises operate in, such as agriculture, manufacturing, and services.
- Economic development can be stunted if SMEs face competition from foreign firms with better or cheaper products, potentially leading to reduced profits or failure.
- International agreements can prevent protectionist measures that may harm SMEs by providing a more level playing field.
These implications are critical for the economic and social development of Ghana, ensuring that smallholder farms and SMEs can contribute effectively to the nation's prosperity and the achievement of the Sustainable Development Goals (SDGs).