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The Economy of Ghana Sixty Years after Independence (Hardcover)
Loot Price: R3,452
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The Economy of Ghana Sixty Years after Independence (Hardcover)
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As Ghana approaches its 60th birthday, optimism and worries for the
future continue to be present in equal measure. Economic growth in
the last decade has been high by historical standards. Indeed,
recent rebasing of GDP figures has put Ghana over the per capita
income threshold into Middle Income Country status. However,
structural transformation has lagged behind. Fiscal discipline has
also eroded significantly and there is heavy borrowing, especially
on the commercial market, while elements of the natural resource
curse from oil have already occurred. The question most observers
ask is whether the gains from two decades of reforms are being
reversed. Given this background, this volume brings together
leading established and young economists, from within and outside
Ghana, to analyze and assess the challenges facing Ghana's economy
as it enters its seventh decade and the nation heads towards three
quarters of a century of independence. The chapters cover the major
macroeconomic and sectoral issues, including fiscal and monetary
policy, trade and industrialization, agriculture and
infrastructure. The volume also covers a full range of social
issues including poverty and inequality, education, health, gender,
and social protection. The book also examines the implications of
the oil boom for Ghanaian development, and the role of
institutions.
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