Ghana: Economic Development in a Democratic Environment

Ghana: Economic Development in a Democratic Environment

Title: Ghana: Economic Development in a Democratic Environment
Author: Joachim Harnack, Sérgio Pereira Leite & Stefania Fabrizio
Release: 2000-11-29
Kind: ebook
Genre: Business & Personal Finance, Books, Industries & Professions, Economics
Size: 3185410
This paper describes the main economic developments and policies pursued in Ghana during 1992–99, when the authorities gradually developed a participatory approach to decision making. The democratic phase developed a long-term program of economic and social policies, known as Ghana—Vision 2020 economic reforms. An important aspect of Ghana's economic strategy since 1992 has been the identification of poverty reduction as an overarching objective of macroeconomic policy. The paper also analyzes the obstacles to growth and describes the ups and downs of fiscal performance during 1992–99.

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