Economic Reforms in Ghana. The Miracle & The Mirage
ISBN: 978 9964 978 66 9
Since independence in 1957, Ghana has tried a number of approaches to achieving acceptable rates of growth and development. A period of rapid industrialization in the 1960s, control measures and further state interventions in the 1970s were followed by a comprehensive reform programme from the mid-1980s based on a policy of economic liberalization. The initial growth and macroeconomic stability has not been sustained beyond the short term. A major question for Ghana is whether to continue with reform measures.