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The Economy of Ghana Sixty Years after Independence

Ravi Kanbur editor Ernest Aryeetey editor

Format:Hardback

Publisher:Oxford University Press

Published:23rd Feb '17

Currently unavailable, and unfortunately no date known when it will be back

The Economy of Ghana Sixty Years after Independence cover

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.

The book works diligently through its subject matter via an assemblage of chapters pivoting around carefully selected themes, which in the main deal with sectoral analysis and economic policy theory and practice. The sectors range quite ambitiously from the financial sphere through the ever vexatious and perennial question of land reform and agriculture, to the arenas of health care, education, gender, physical infrastructure and urbanization, among others. * Lloyd Amoah, African Affairs *

ISBN: 9780198753438

Dimensions: 241mm x 167mm x 30mm

Weight: 770g

436 pages