Abstract
Ghana provides a rather unique example of a developing country which, after a successful start on the course of development by raising its savings and investment ratios to high levels in the post-independence period, saw these fall to very low levels. Total saving and its division between domestic and foreign saving were discussed in Chapter 13. Here we shall concentrate on investment.
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Notes and References
Ahmad (1970); Killick (1978); and Government of Ghana, Seven-Year Plan (1963–64 to 1969–70).
Government of Ghana, Two-Year Development Plan (1968–70), p. 58.
NIB, Annual Report 1979, pp. 27–31.
ADB, Annual Report 1976, p. 16.
Bank of Ghana, Feasibility Report on Medium-sized Brick Factories (1979), p. 1.
Government of Ghana, Ghana Economic Review 1973–75, p. 93.
GIHOC, Annual Report (Provisional) (1981), p. 1.
GIHOC, Auditors’ Report (1981).
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© 1989 M. M. Huq
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Huq, M.M. (1989). Investment and Technology Choice. In: The Economy of Ghana. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-19749-1_15
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DOI: https://doi.org/10.1007/978-1-349-19749-1_15
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