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    Ernest Aryeetey, Ravi Kanbur,

ISBN: 9780198753438

The Economy of Ghana Sixty Years after Independence

by: Ernest Aryeetey, Ravi Kanbur,

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 capital income threshold into Middle Income Country status. However, structural transformation has […]

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Meet the Author
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October 19, 1955
Ernest Aryeetey, is a former Vice-Chancellor of the University of Ghana. Prior to his appointment as Vice-Chancellor, he was a Senior Fellow and Director of the Africa Growth Initiative at the Brookings Institution, Washington, D.C
Books of Ernest Aryeetey
Meet the Author
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August 28, 1954
Sanjiv M. Ravi Kanbur, is T.H. Lee Professor of World Affairs, International Professor of Applied Economics, and Professor of Economics at Cornell University. He worked for the World Bank for almost two decades and was the director of the World Development Report.
Books of Ravi Kanbur
About This Book
Overview

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 capital 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.

Details

ISBN: 9780198753438
Publisher: Oxford University Press
Publish Date: 2017
Page Count: 448

“The Economy of Ghana Sixty Years after Independence”

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