WEALTH CREATION AND COHESIVE LIVING: STRATEGIES FOR LINKAGE, INTERMEDIATION AND OPPORTUNITIES FOR SUSTAINABLE LIVING IN DEVELOPING SOCIETIES AFRICA.

Abstract

Wealth creation is as old as civilization. All societies have modes, methods in wealth creation and sustainable living in the sustainable development agenda. Dynamics in society require partnerships, cooperation and benchmarking to enhance equity, cohesion and intermediations. This study sought to examine wealth creation methods and how it can
achieve sustainable livelihoods in the sustainable development agenda as its objective in creating cohesion in societies. The study used decomposed theory of planned behavior and through the use of descriptive case surveys of developing societies as its methodology. Strategies and how they are linked have been drawn from population surveys of six (6) global regions, as in Europe; comprising Italian two-earner couples, while in Greek Cooperatives there has been enhanced creation of wealth and maintenance of cohesion in the Co-operatives. In Tunisia risk taking behavior and risk of insolvency is also mentioned, just as in the U.S.A the value of employee during financial crisis as well as outcomes of medical bankruptcy have been mentioned on wealth created. In Asia and the Asia-Pacific region, mainly, Sri Lanka, equivalence scales based on urban, rural and estates have also enhanced scales to reduce gaps while managing social equilibrium. In Malaysia there are family takaful schemes while in Australia Prawn fishery businesses just like Taiwanese stock besides viimsi people in Estonia. Further mention is from Islamic wealth schemes, on ethical microfinance and risk taking behavior in West Africa as well global soap project in the previous Ebola prone regions of Africa, besides in Sub-Saharan Africa (SSA), as with Black South African projects involving the Magopa people and roles of social finance in mobile banking in Kenya has also been included. The best lessons have been discussed and emphasized as a way to enhance broader cohesion, linkage intermediation. The study has recommended techniques for adoption in Kenya in wealth creation strategies.