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1-June-2000
English, , 1,877kb
Ghana's independence in March 1957 was celebrated with great flourish. "Free at last" Kwame Nkrumah, the country's leader, proclaimed. Yes, Ghana was free to follow an independent political course, and free to experiment with an independent ...
1-June-2000
English, , 162kb
The growth record of Ghana has been one of unevenness, as Table I.1 and Figure I.1 clearly indicate. With a reasonably high GDP growth in the 1950s and early 1960s, the Ghanaian economy began to experience a slowdown in GDP growth as of 1964. Gr...
1-May-1999
English, , 439kb
The last few decades have seen dramatic economic improvements in large parts of the Third World, while African economies in general experienced stagnation or decline until the early 1990s. During the last few years, however, there seems to have b...
1-May-1999
English, , 406kb
Africa has in the past decade shown a mixed pattern of performance. While control regimes have been abandoned and market-oriented policies adopted in the majority of countries, average growth is still low. This has meant, in turn, that the capa...
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