Ghana In Search Of Development

This title was first published in 2001. When Ghana became independent in 1957, becoming the first country in Sub-Saharan Africa to banish colonialism, there was a general optimism that irreversible socio-economic development was about to unfold. But by the end of the 1970s Ghana paradoxically became the first country in Twentieth Century Africa to have experienced socio-economic decline. What failed Ghana? This book seeks to answer this question. By combining sociological, economic, political and institutional perspectives, this book focuses on the interplay between state politics and socio-economic development. It provides a model, which suggests that Ghana’s postcolonial development has suffered mainly as a result of the failure or inability of governing elites to develop consensual politics and a clearly specified long-term development objective that could be widely understood, accepted and have relevance for policy making. This book presents a much-needed self-assessment of the post-colonial development experience which contends that governance, economic management and institution building are basic challenges without which the search for development is likely to falter.

"This title was first published in 2001. When Ghana became independent in 1957, becoming the first country in Sub-Saharan Africa to banish colonialism, there was a general optimism that irreversible socio-economic development was about to unfold. But by the end of the 1970s Ghana paradoxically became the first country in Twentieth Century Africa to have experienced socio-economic decline. What failed Ghana? This book seeks to answer this question. By combining sociological, economic, political and institutional perspectives, this book focuses on the interplay between state politics and socio-economic development. It provides a model, which suggests that Ghana's postcolonial development has suffered mainly as a result of the failure or inability of governing elites to develop consensual politics and a clearly specified long-term development objective that could be widely understood, accepted and have relevance for policy making. This book presents a much-needed self-assessment of the post-colonial development experience which contends that governance, economic management and institution building are basic challenges without which the search for development is likely to falter."--Provided by publisher.

The process of capability development is central to industrialization, but the current literature focuses on the advanced developing countries. This book, based on a World Bank sponsored study of enterprise development in Ghana, is the first to examine in detail how firms in least developed countries in Africa acquire technological capabilities. It analyses why Ghanaian firms are generally relatively uncompetitive, why some firms are better than others, and how the structural adjustment is affecting manufacturing development.

The book follows a first edition published in 1989, which focused on the severe economic crisis Ghana faced during the late 1970s and the early 1980s. In this second edition, the authors extend the review up to the mid-2010s, covering the entire period since independence, with a special focus on shifts in economic policy, starting with the adoption of the Economic Recovery Programme in 1983. Huq and Tribe provide systematic coverage of Ghanaian economic development since its independence, reviewing the two main modes of development that have been practiced; and offer an updated, rich data bank. By analyzing the wider macroeconomy of Ghana; its individual sectors; money, banking and trade; infrastructure and environmental policies; and Ghana’s poverty, welfare and income distribution, the authors are able to draw vital lessons from the country’s economic development. ​

As Ghana enters its second half-century, there is a perception of the failure of the economic and political system. This book analyses the reasons for this failure and sets out an agenda as the basis of the course that the nations' policy makers have to steer if Ghana is to fulfil the promise of its independence in 1957.

For those wishing to acquire knowledge on national development issues, this comprehensive compendium traverses a spectrum of subjects that the audience ought to be well acquainted with. The Editors provide instructive findings regarding national development, economic growth and their determinants, but they also offer historical perspectives on the subject and the implications for developing countries. The book addresses a suite of critical themes regarded by development experts to be germane in considering the pertinence of policies and their effective execution. These seven general thematic areas are explored: ¢ Leadership, governance, policy and strategy ¢ Public sector and public financial management ¢ Culture, institutions and people ¢ Natural resources ¢ Science, technology and infrastructure ¢ Private sector and financial markets ¢ Marketing, branding and service delivery This thematic approach enables the contributors to explore the impact of the constituents of each subject area on national development, within the context of a developing economy. The significance of the findings for the relevant stakeholders is consequently reviewed. The combination of theory and practice makes the book and its contents unique.