Advertisement

The Way Forward

  • Mozammel Huq
  • Michael Tribe
Chapter

Abstract

From the time of its independence in 1957, Ghana’s economic development has attracted serious attention from many economic researchers. The most prominent of these was probably the Nobel Laureate Arthur Lewis. In 1953, Lewis prepared for the British Colonial Office a very influential ‘template’ for industrialisation policy in sub-Saharan Africa. This document was also published by the colonial government of what was then the Gold Coast (Lewis, 1953). In 1957 Lewis was appointed economic advisor to the newly independent government of Ghana. As a strong proponent of sound and rapid economic development, Lewis’s imprint was to be found on many, but not all, economic policies; he was closely involved in the preparation of the Five-Year Development Plan 1959–1964 (Government of Ghana, 1959).

Bibliography

  1. Ackah, C., & Aryeetey, E. (Eds.). (2012). Globalization, Trade and Poverty in Ghana. Accra-Legon: Sub-Saharan Publishers (for the IDRC).Google Scholar
  2. Amsden, A. H. (1989). Asia’s Next Giant: South Korea and Late Industrialisation. New York: Oxford University Press.Google Scholar
  3. Appiah-Adu, K., & Bawumia, M. (2015). Key Determinants of National Development: Historical Perspectives and Implications for Developing Economies. London: Routledge.Google Scholar
  4. Aryeetey, E., Harrigan, J., & Nissanke, M. (Eds.). (2000). Economic Reforms in Ghana: The Miracle and the Mirage. Oxford: James Currey.Google Scholar
  5. Aryeetey, E., & Kanbur, R. (Eds.). (2008). Economy of Ghana: Analytical Perspectives on Stability, Growth and Poverty. Oxford: James Currey.Google Scholar
  6. Aryeetey, E., & Kanbur, R. (Eds.). (2017). The Economy of Ghana Sixty Years After Independence. Oxford: Oxford University Press.Google Scholar
  7. Baldwin, R. E. (2003). Openness and Growth: What’s the Empirical Relationship. NBER Working Paper No. 9578. Cambridge, MA: National Bureau of Economic Research.Google Scholar
  8. Birmingham, W., Neustadt, I., & Omaboe, E. N. (Eds.). (1966). A Study of Contemporary Ghana: Volume 1—The Economy of Ghana. London: Allen and Unwin.Google Scholar
  9. Cross, R., & Strachan, D. (2001). Three Pillars of Conventional Wisdom. Review of Political Economy, 13(2), 181–200.CrossRefGoogle Scholar
  10. GoG. (1959). A Second Development Plan 1959–1964. Accra: Office of the Planning Commission.Google Scholar
  11. Huq, M. M. (1989). The Economy of Ghana: The First 25 Years Since Independence. London: Macmillan.CrossRefGoogle Scholar
  12. Huq, M. M., & Tribe, M. (2004). Economic Development in a Changing Globalized Economy. Journal of International Development, 16(7), 911–924.CrossRefGoogle Scholar
  13. Killick, T. (2010). Development Economics in Action: A Study of Economic Policies in Ghana (2nd ed.). London: Routledge.Google Scholar
  14. Killick, T. (1978). Development Economics in Action: A Study of Economic Policies in Ghana. London: Heinemann.Google Scholar
  15. Klein, M. W. (2003). Capital Account Openness and the Varieties of Growth Experience. NBER Working Paper 9500. Cambridge, MA: National Bureau of Economic Research.Google Scholar
  16. Lall, S. (1995). Structural Adjustment and African Industry. World Development, 23(12), 2019–2031.Google Scholar
  17. Lall, S. (1996). Learning from the Asian Tigers: Studies in Technology and Industrial Policy. Basingstoke: Palgrave Macmillan.CrossRefGoogle Scholar
  18. Lall, S., & Stewart, F. (1996). Trade and Industrial Policy in Africa. In B. J. Ndulu & N. van de Walle (Eds.), Agenda for Africa’s Economic Renewal. New Brunswick: Transaction Publishers.Google Scholar
  19. Lewis, W. A. (1953). Report on Industrialisation and the Gold Coast. Accra: Government Printing Department.Google Scholar
  20. Omaboe, E. N. (1969). Development in the Ghanaian Economy Between 1960 and 1968. Accra: Ghana Publishing Corporation.Google Scholar
  21. Soros, G. (2002). George Soros on Globalisation. New York: Public Affairs.Google Scholar
  22. Stiglitz, J. (2002). Globalization and Its Discontents. London: Allen Lane.Google Scholar
  23. Wade, R. (1990). Governing the Market: Economic Theory and the Role of Government in East Asian Industrialisation. New Jersey: Princeton University Press.Google Scholar
  24. World Bank. (1993b). The East Asian Miracle: Economic Growth and Public Policy. World Bank Policy Research Report. Washington, DC: World Bank.Google Scholar
  25. Yanikkaya, H. (2003). Trade Openness and Economic Growth: A Cross-Country Empirical Investigation. Journal of Development Economics, 72(1), 57–89.CrossRefGoogle Scholar

Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Mozammel Huq
    • 1
  • Michael Tribe
    • 1
  1. 1.Department of EconomicsUniversity of StrathclydeGlasgowUK

Personalised recommendations