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Since the early 1980s, the World Bank, backed by aid donor countries, has been involved in a determined effort to stimulate capitalist growth in Africa by prescribing a set of orthodox, neoliberal economic policies. Using Ghana as a case study, this book considers why this is the case.
Economic reform was the most pressing question for African and other Third World countries during the 1980s. In this first full-length examination of the political economy of adjustment in Ghana, Jeffrey Herbst describes the causes of Ghana's dramatic economic decline and reviews the politics of reform that began in 1983. Since Ghana was one of the first African countries to adopt a comprehensive reform program and the one that has sustained adjustment longest, the Ghanaian experience has profound ramifications for debates regarding stabilization and structural change across the continent. Herbst devotes special attention to the interaction between the type of government and the politics of adjustment, the reaction of interest groups such as urban labor and the peasantry, and the relationship between economic and political change. His extended field research and sophisticated knowledge of the issues involved, both from the economic and political science literature, make this study of importance not only to Africanists, political scientists, economists, and sociologists, but also to government and financial leaders wrestling with economic reform in developing countries. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1993.
This collection of ten essays focuses and analyses Ghana's political, economic, agrarian and social development. The authors are all Ghanaian scholars, and they reflect on their country's experience from different perspectives, providing an indigenous voice to the debate about the country's development. The subjects covered are the state, capital and labour relations 1961-1987; from GTP to Assene: aspects of industrial working class struggles 1982-1986; women's political organizations 1951-1987; changing relations between the IMF and the Government of Ghana 1960-1987; financial intermediation and economic development; trends in foreign policy after Nkrumah; the land question since the 1950s; the state and food agriculture; policies and politics of export agriculture; and the problems of the health care delivery system.
Argues that the interaction of formal institutions and the quality of democracy explain patterns of private sector development across Africa.
Over the past few decades, corporations have been neglected in studies of international political economy (IPE). Seeking to demystify them, what they are, how they behave and their goals and constraints, this Handbook introduces the corporation as a unit of analysis for students of IPE. Providing critical discussion of their global and domestic power, and highlighting the ways in which corporations interact with each other and with their socio-political environment, this Handbook presents a thorough and up-to-date overview of the main debates around the role of corporations in the global political economy.
In recent years Africa appears to have turned a corner economically. It is posting increased growth rates and is no longer the world's slowest growing region. Commentators are beginning to ask whether emerging from Africa is a new generation of 'lion' economies to challenge the East Asian 'tigers'? This book goes behind the headlines to examine the conditions necessary not just for growth in Africa but for a wider business and economic transformation. Contrary to neoliberal economics, it argues that governments can play an important role in this through selective interventions to correct market failures, and, controversially, that neo-patrimonial governance need not be an obstacle to improved business and economic conditions. Drawing on a variety of timely case studies - including Rwanda, Ethiopia, Tanzania and Ghana - this provocative book provides a radical new theory of the political and institutional conditions required for pro-poor growth in Africa.
Using Ghana as a case study, this work integrates economic and political analysis to explore the challenges and opportunities of Africa's growth and transformation.
This edited volume examines the leadership and legacy of Ghana’s Jerry John Rawlings within the broader context of Africa’s leadership and democratic governance. The central purpose of the book is threefold. First, it examines the role and place of good and effective political leadership in the development of Africa. Second, it situates Jerry Rawlings’ political style and legacy in the annals of democratic governance in post-independence Africa. Finally, the book adds to the knowledge and understanding of former President Rawlings as one of Africa’s preeminent and transformational political leaders. Taking an interdisciplinary and Pan-African approach, this volume will be of great interest to scholars, policymakers, and students of African politics, African studies, governance, political leadership, democracy, development studies, and political economy.
Since it achieved independence in 1957, the West African state of Ghana has become the torchbearer of African liberation, as well as a laboratory for the study of endemic problems facing the African continent. In terms of democratic consolidation, the country holds a unique position on the continent as beacon of stability and democracy. Politics, Governance, and Development in Ghana takes critical stock of the landmark themes that have dominated its history since independence. The contributors address issues such as citizenship, civil society, the military, politicians, chiefs, transnational actors, the public sector and policies, the executive branch, decentralization, the economy, electoral politics, natural resources, and relations with Asia and the diaspora. These themes support “mobilizing for Ghana’s future,” which is the theme for the diamond jubilee celebration of Ghana’s independence. Edited by Joseph R.A. Ayee, this book will deepen the literature on studies on Ghana especially in the areas of politics, governance, economy and development; serve as a resource for academics, students, practitioners; and commemorate the diamond jubilee celebration of Ghana’s independence.