Test Drive 2q:2014 | Page 3

8-30 CONTENTS GLOBALIZATION INDICATORS 8-11 How globalized is Sierra Leone as a nation? In part-one of our three part series, The Investor examines the main themes of globalization by assessing the key indicators and arriving at some very interesting conclusion. THE CASE FOR A MANUFACTURING BASED ECONOMY 9-11 The CEO of Africa Felix Juice LLP , Claudio Scotto examines the arguments for a manufacturing based driven economy and the challenges faced in setting up a business in Sierra Leone. GLOBAL MARKETS & GEOPOLITICS 12-18 A Snapshot of Sierra Leone’s Forex, Bonds, Equities and Commodities Markets. We analyze these markets against the backdrop of current global geopolitical play and how this affects the Sierra Leone economy. NEOLIBERALISM: IS THE REPUBLIC OPEN FOR BUSINESS? 19-21 Frederick Fyle, CEO Heritage Consulting (UK) Limited examines the concept of neoliberalism and what it means for the Sierra Leone economy if we were to embrace it. RAISING STANDARDS IN FINANCIAL REPORTING 22-24 Peter Kamara, Principal Consultant at Equity Participation and Consulting in Sierra Leone takes us through the pros and cons of global financial reporting and why he believes all firms in Sierra Leone should adapt IFRS standards.