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Full Description
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.
Contents
Part I. Overview.- Chapter 1. A General Overview.- Chapter 2. Policies and Reforms: An Historical Overview.- Part II. The Wider Macroeconomy.- Chapter 3. Growth and Structure of the Economy.- Chapter 4. Achieving Macroeconomic Stability.- Part III. Sectoral Developments.- Chapter 5. Agriculture.- Chapter 6. Cocoa.- Chapter 7. Industry: A Broad Overview.- Chapter 8. Mining.- Chapter 9. Manufacturing.- Chapter 10. The Services Sector.- Part IV. Money and Banking, External Trade and Financial Flows.- Chapter 11. Banking and Finance.- Chapter 12. International Trade.- Chapter 13. External Financial Flows and Debt Relief.- Part V. Infrastructure, Environment and Governance.- Chapter 14. Transport and Communications.- Chapter 15. Energy and Water.- Chapter 16. Education and Health.- Chapter 17. The Environment.- Chapter 18. Governance.- Part VI. Poverty and Income Distribution.- Chapter 19. Poverty and Inequality.- Chapter 20. The State Role in Welfare.- Part VII. Looking Ahead.- Chapter 21.The Way Forward.
