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IMF - World Bank and Labor's Burdens in Africa - Ghana's Experience (Hardcover)
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IMF - World Bank and Labor's Burdens in Africa - Ghana's Experience (Hardcover)
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Globalization, the return to a multi-party system of government,
and the policies advocated by the IMF and the World Bank have led
to near revolutionary labor relations in Ghana. As Panford shows,
these new social and economic forces have unleashed new and even
contradictory labor policies and practices which are having
profound social, political, and economic consequences. Panford
examines how the Ghana Constitution of 1992 led for the first time
to new workers' rights, including the right to affiliate with any
local, national, or international union. In response to
globalization and policies advocated by the IMF and the World Bank,
the Ghana government sought to resist worker demands for improved
working and living conditions. The situation was worsened by the
privatization of state-owned businesses and severe cuts in public
employment. In this environment of tense labor relations,
government hostility, and weak employment, Panford traces the ways
workers are revitalizing unions and developing new sources of jobs
and finances. These include relatively aggressive systematic
organization of women, senior staff, and the informal/agricultural
sector. One of the most important initiatives of the unions is the
creation of a workers' trust to establish and finance worker-owned
enterprises. The evidence presented by Panford indicates the
failure of IMF and World Bank policies, and he calls for new and
viable policy alternatives with emphasis on enhancing Ghana's
global competitiveness and meeting genuine development needs. A
thoughtful analysis that will be of interest to scholars and
researchers involved with development and international economics,
labor relations in the developing worldand the increased
involvement of international financial institutions.
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