Set in 2001, President John Kufuor is considering a national economic strategy after his election in the first democratic transfer of power in the history of Ghana. Emphasizes the long history of poor economic performance of Ghana and chronic poverty, highlighting the challenges of economic development in Africa and other low-income countries. Provides a brief political and economic history of Ghana, focusing on the era of Nkrumah 1957-1966, the World Bank and structural reforms led by the IMF in the 1980s, and further reforms after the first democratic elections in 1992. Details Ghana economic and political context and the performance of the group in 2001 and outlines the initiatives taken by the Kufuor government to promote development. Detailed historical economic and social data allow an assessment of policy outcomes.
by
Michael E. Porter,
Kjell Carlsson
Source: Harvard Business School
34 pages.
Date Posted: April 18, 2006. Prod #: 706497-PDF-ENG
Ghana: National Economic Strategy Case Solution
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