516 pages | 29 B/W Illus.
First published in 1978, Development Economics in Action is a renowned study of policies in Ghana, one of Africa’s most closely watched economies. In this new edition three additional chapters provide a detailed account of 1978-2008.
Part A - Nkrumah and his Immediate Successors, 1960-72 1. Introduction 2. Development, Disequilibrium and State Interventionism 3. The Economic Strategies of Nkrumah and his Successors 4. Domestic Economic Performance in the 1960s 5. External Performance: The Foreign Exchange Constraint and its Causes 6. Planning, Saving and Economic Management 7. Modernization without Growth 8. The Unbalanced Growth of Agriculture and Industry 9. The State as Entrepreneur 10. The State as Controller 11. After Nkrumah: Interpretations of Policies, 1966-72 12. Lessons Part B - The Record since 1972 13. From Implosion to Boom, 1972-2008 14. Structural Change 1970-2008 15. Forces for Change 1983-2008