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Author: Eboe Hutchful
Publisher: James Currey Publishers
ISBN: 9780852551660
Category : Business & Economics
Languages : en
Pages : 292
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Book Description
Ghana has been widely quoted as an example of successful adjustment in Africa. This has been followed by a successful adjustment to democracy. What factors have impelled these changes and how are they to be interpreted? This volume examines questions such as: what would have been the difference in performance if adjustment had not been initiated? What is the actual role of policy changes in determining economic outcomes? What is the effect of time-lag? What is the relationship between macroeconomic and microeconomic performance and between stabilization and adjustment? Ghana has arguably been more successful with stabilization than with adjustment. In a nuanced and subtle analysis, this study finally faces central questions: success in relation to what? Success from whose point of view? Published in association with UNRISD Ghana: Woeli Publishing Services
Author: Eboe Hutchful
Publisher: James Currey Publishers
ISBN: 9780852551660
Category : Business & Economics
Languages : en
Pages : 292
Get Book Here
Book Description
Ghana has been widely quoted as an example of successful adjustment in Africa. This has been followed by a successful adjustment to democracy. What factors have impelled these changes and how are they to be interpreted? This volume examines questions such as: what would have been the difference in performance if adjustment had not been initiated? What is the actual role of policy changes in determining economic outcomes? What is the effect of time-lag? What is the relationship between macroeconomic and microeconomic performance and between stabilization and adjustment? Ghana has arguably been more successful with stabilization than with adjustment. In a nuanced and subtle analysis, this study finally faces central questions: success in relation to what? Success from whose point of view? Published in association with UNRISD Ghana: Woeli Publishing Services
Author: Kwadwo Konadu-Agyemang
Publisher: Routledge
ISBN: 9780367666385
Category :
Languages : en
Pages : 456
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Book Description
This title was first published in 2001: Bringing together geographers, planners, political scientists, economists, rural development specialists, bankers, public administrators and other development experts, this volume questions the benefits of Structural Adjustment Programmes (SAPs). It critically assesses the impact of SAPs from a wider perspective than a purely economic one, highlighting concerns about impacts of adjustments on the more vulnerable elements of society such as social welfare, the environment, labour, gender and agriculture. Revealing both the costs and benefits of the economic restructuring programme, the book also suggests alternatives to current development models, and how SAPs can be made more sustainable. An original and comprehensive addition to the collections of both students and practitioners of development.
Author: Ernest Aryeetey
Publisher: Africa World Press
ISBN: 9780865438446
Category : Business & Economics
Languages : en
Pages : 388
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Book Description
Reviews the performance of the Ghanaian economy for the period 1983 to 1991, aimed at assessing the impact of structural adjustment policies in different areas of the economy.
Author: Bonnie Campbell
Publisher: Springer
ISBN: 134920398X
Category : Business & Economics
Languages : en
Pages : 292
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Book Description
Providing overviews of states and sectors, classes and companies in the new international division of labour, this series treats polity-economy dialectics at global, regional and national levels. This volume in the series looks at the complexities of structural adjustment in Africa.
Author: P. Thandika Mkandawire
Publisher: IDRC
ISBN: 155250204X
Category : Political Science
Languages : en
Pages : 192
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Book Description
Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.
Author: Ishrat Husain
Publisher: World Bank Publications
ISBN: 9780821327876
Category : Business & Economics
Languages : en
Pages : 452
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Book Description
World Bank Environment Paper 4. This survey describes the factors that affect tree cultivation and clearance by Kenyan farmers. These factors include agricultural conditions, product markets, the family life cycle, income, and changing demands for household labor--especially demands caused by labor migration. The author explains why removing structural constraints on rural land markets might reduce the incentive to start and maintain woodlots. He also details why policies that seek to create forests may conflict with programs that generate rural employment.
Author: Eboe Hutchful
Publisher: Heinemann Educational Books
ISBN:
Category : Business & Economics
Languages : en
Pages : 298
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Book Description
How did the Ghanaian state, after flirtation with structuralist theories and state intervention in the early 1960s, followed by persistent resistance to fiscal correction and a long economic slide in the 1970s and early 1980s, turn the economy around? How did it manage to implement relatively rigorous "neoliberal reforms" in the mid-1980s and early 1990s? And why, after the "economic miracle" of the 1980s, has reform increasingly run aground in recent years? As Hutchful argues, the Ghanaian adjustment strategy is deeply flawed, unsustainable and subject to recurring revisions by international financial institutions such as the World Bank or the International Monetary Fund. The Ghana case has focused many of the controversies of adjustment in Africa. As such, Hutchful's book marks a significant contribution to the literature on the role the state plays in impeding or encouraging economic and political development.
Author: George Jerry Sefa Dei
Publisher: Africa World Press
ISBN: 9781592210039
Category : Community and school
Languages : en
Pages : 334
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Book Description
Using the Ghanian schooling experience as a case study, this book explores how research can contribute to the development of a body of knowledge for educational change in Africa. Education in Africa is often said to be in a crisis' caused in part by the colonial legacy, but also due to inappropriate and uncontextualised current educational policies in relation to local human conditions and African realities. This book offers a critical analysis of current educational reform strategies and the actual practice of reform in an African context.'
Author: Francis Boateng Frimpong
Publisher: BRILL
ISBN: 9004500022
Category : Social Science
Languages : en
Pages : 285
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Book Description
Francis Frimpong argues that the exponential growth of finance and credit infrastructures in Ghana did not alleviate poverty in the country. It has, however, resulted in rising financial profits, financialising poverty and stagnating the real sector of the economy
Author: Leonie F. Guder
Publisher: Springer Science & Business Media
ISBN: 3540886095
Category : Law
Languages : en
Pages : 369
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Book Description
1. Objectives and Plan of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2. Literature Review . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 3. Structure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Part I. Multilateral Debt Relief for Heavily Indebted Poor Countries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 A. The Heavily Indebted Poor Countries Initiative (HIPC) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 1. Concessional Assistance to Low-Income Countries . . . . . . . . . . . . . . . . . . . . . . . 26 2. The HIPC Framework . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 2. 1. The Heavily Indebted Poor Country Initiative of 1996 . . . . . . . . 33 2. 2. The Cologne G-8 Summit of 1999 and HIPC II. . . . . . . . . . . . . . . . . . . . 39 2. 3. Eligibility and Implementation under the Enhanced HIPC Framework . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 3. What kind of debt is addressed by HIPC? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 4. HIPC Funding and Finances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 4. 1. The PRGF-HIPC Trust of the IMF . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 4. 2. The World Bank HIPC Trust Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 4. 3. The IDA Debt Reduction Facility. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 4. 4. HIPC Financing through Multilateral Creditors . . . . . . . . . . . . . . . . . . . 61 4. 5. Conclusion: Trust Fund Financing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62 5. HIPC Proceedings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 B. Debt Relief under the G-8: The Multilateral Debt Relief Initiative (MDRI) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67 1. MDRI as Operational Successor of HIPC. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 2. Subsequent Changes in Lending Policies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74 C. Case Study: The Contemporary History of Debt Relief in Ghana. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77 1. Ghana’s History with Economic Aid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 2. Ghana’s Reform Process under HIPC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86 X Table of Content 2. 1. Implementation of the HIPC Framework . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89 2. 1. 1. Preliminary Documents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 2. 1. 2. Ghana Poverty Reduction Strategy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98 2. 1. 3. Decision Point Document . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102 2. 1. 4. Ghana’s Completion Point . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104 2. 2. Donor Coordination under the Multi Donor Budgetary Support (MDBS) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
