Development Economics in Action Second Edition: A Study of Economic Policies in Ghana (Routledge Studies in Development Economics)

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 Book Cover......Page 1 Title......Page 10 Copyright......Page 11 Contents......Page 14 Figures......Page 18 Tables......Page 20 Preface to second edition......Page 23 Preface to first edition......Page 25 Part I: 1960–72......Page 28 1 Introduction......Page 30 2 Development, disequilibrium and state interventionism......Page 41 3 The economic strategies of Nkrumah and his successors......Page 66 4 Domestic economic performance in the 1960s......Page 102 5 External performance: The foreign exchange constraint and its causes......Page 136 6 Planning, saving and economic management......Page 174 7 Modernization without growth......Page 211 8 The unbalanced growth of agriculture and industry......Page 231 9 The state as entrepreneur......Page 263 10 The state as controller......Page 317 11 After Nkrumah: Interpretations of policies, 1966–72......Page 357 12 Lessons from 1960–72......Page 388 Part II: 1972–2008......Page 424 Introduction to the new chapters......Page 426 13 From implosion to boom: 1972–2008......Page 427 14 Structural change: 1970–2008......Page 460 15 Forces for change: 1983–2008......Page 478 Bibliography of works cited......Page 514 Additional works cited for the second edition......Page 532 Index......Page 536 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.